second-round effect
second-round effect noun: the situation where inflation starts to have an indirect impact, affecting wages and prices.
Noun
second-round effect (plural second-round effects)
- 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...2024 November 3, Will Hutton, “Investment drives growth. That’s why gloomy forecasters are so wrong about the budget”, in The Guardian
Forms of second-round effect
| plural | second-round effects |
|---|
Questions about second-round effect
- What does second-round effect mean?
- Second-round effect means the situation where inflation starts to have an indirect impact, affecting wages and prices.
- What part of speech is second-round effect?
- Second-round effect is a noun.
- What is the plural of second-round effect?
- The plural of second-round effect is second-round effects.
Words near second-round effect in the dictionary
Source and license
Adapted from Wiktionary: second-round effect (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “second-round effect.” Word.ws, https://word.ws/second-round_effect. Based on Wiktionary, CC BY-SA 4.0.
