Which of the following statements refers to the wage-price spiral process?

A. An employee loses his or her job, finds a position at another company, and is underemployed.

B. Employees only receive a raise when their purchasing power has been eroded by inflation.

C. A worker receives a raise, which increases costs for the employer.

D. The salary of a worker fluctuates with the amount of sales he or she accomplishes per month.

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2 July, 06:02

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Kailyn Wiggins · Answer 1

The answer is C. A worker receives a raise, which increases cost for the employer.