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单词 real wages
释义

real wages

plural 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...
  • He then proposed to show that since consumer prices had risen less than money wages, real wages had risen.
  • Rational behavior suggests that suppliers of labor respond to real wages, rather than money wages.
  • In theoretical terms regional real wages are defined as the nominal wage payable in the region divided by the local regional cost of living.
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更新时间:2024/11/12 7:22:43