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Definitions from WordNet

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Inflationary Spiral

Definition:

An inflationary spiral refers to a self-reinforcing cycle of rising prices and wages that results in a continuous increase in the overall level of inflation in an economy.

Usage:

Noun:

The inflationary spiral poses a significant challenge to the country's economic stability.

Adjective:

The government implemented measures to counteract the inflationary spiral effects.

Example Sentences:

Noun:

1. The country's economy was gripped by an inflationary spiral, causing prices to skyrocket.
2. Once an inflationary spiral takes hold, it can be difficult to break the cycle.

Adjective:

1. The inflationary spiral trend is concerning for both consumers and businesses.
2. Rapid wage increases are exacerbating the inflationary spiral problem.

Related Products:

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