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词汇 real wages
释义

Definition of real wages in English:

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
    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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