second-round effect

名词 n.

英文释义

名词 n.
  1. The situation where inflation starts to have an indirect impact, affecting wages and prices.
    — There is a second-round effect of crowding in higher private investment as public sector contractors tool up to meet the public contracts, and then a third – as all firms adjust to the higher level of demand by raising business investment levels – of more crowding in and so-called “multiplier effects”.

词形变化

second-round effects plural
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