释义 |
Definition of real wages in English: real wagesplural noun Income expressed in terms of purchasing power as opposed to actual money received. what happens to real wages depends on changes in both money wages and prices Example sentencesExamples - Import substitution basically relied on expansion of internal markets with rising real wages as part of the strategy.
- People who are employed are likely to oppose reform that lowers their real wages.
- He then proposed to show that since consumer prices had risen less than money wages, real wages had risen.
- Record low unemployment and higher real wages resulted, but so did the tech boom and stock market bubble.
- In theoretical terms regional real wages are defined as the nominal wage payable in the region divided by the local regional cost of living.
- For example, an economist can argue that increasing government regulations hamper productivity and thus lower real wages.
- Rational behavior suggests that suppliers of labor respond to real wages, rather than money wages.
- These forces increased real wages and reduced land rents, with the gains to labor offsetting the losses to land.
- Another angle on the question of whether the nation can afford social security is obtained by examining real wages.
- Consequently, stagnation of real wages has reduced the gap between revenue and benefit payment growth.
- Interventionism in all of its forms serves to undermine capital accumulation and thus the productivity of labor and real wages.
- But - if its gradient can be just so - the rise in money wages will mask a fall in real wages and unemployment will recede.
- Its continuous accumulation is the foundation of high and rising real wages and a high and rising standard of living for everyone.
- However, that trend was more attributable to the improved real wages of the older women than to the falling wages of the younger ones.
- This promotes new opportunities, higher real wages, higher productivity, and improved living standards.
- Stronger productivity growth offers the potential for rising real wages and low inflation.
- As a result, the rise in real wages may be accompanied by rising money wage rates and by constant or even rising product prices.
- The wage base grows as more workers gain employment and real wages increase.
- A high degree of wage flexibility at the macro-level means that real wages are highly sensitive to changes in the rate of unemployment.
- An older view was that the law of diminishing returns meant that adding population to fixed capital reduced marginal product and hence real wages.
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