Definition: Real Wages

Term: Real Wages

Definition:Wages that have been adjusted for inflation, or wages in terms of the amount of goods and services that can be bought. Utilized as an index of the purchasing strength of the money received as salary.

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Course	Page Number
84 - Labor Market Trends – US vs. Europe	15
84 - Labor Market Trends – U.S. vs. Europe	11

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Real Wages