Examlex
Which belt of winds corresponds with the subtropical high?
Disinflation
Disinflation is the process of slowing down the rate of inflation, indicating a reduction in the speed at which the general level of prices for goods and services is rising.
Wage-Price Spiral
A macroeconomic concept describing a situation where rising wages lead to increased prices, which in turn lead to demands for higher wages, thus perpetuating inflation.
Consumer Price Index
A calculation that evaluates the weighted mean prices of a group of consumer items and services, including healthcare, food, and transport, for assessing inflation.
Percent Per Year
A rate or proportion of a quantity expressed as a fraction of 100 per annum.
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