Social Sciences, asked by rowdybaby76, 11 months ago

What do you mean by real wage​

Answers

Answered by Piyushgoklani
1

real wages are adjusted for infliration

Answered by Anonymous
2

Answer:

Real wages are wages adjusted for inflation, or, equivalently, wages in terms of the amount of goods and services that can be bought. This term is used in contrast to nominal wages or unadjusted wages. ... Hence real wage defined as the total amount of goods and services that can be bought with a wage, is also not defined.

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