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Money Wages

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Money Wages
The dollar amount of an hourly wage, without regard for purchasing power, inflation, or other factors that may affect a wage's value. See also: Real Income, New York Dollar.


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When output prices are held up instead, money wages and salaries have to rise.
Hiring your children in your business can be a great tax savings strategy, as well as a way to teach your children about business and money Wages paid to your children (between the ages 7 and 17) are a valid business deduction, as long as they do bona fide work, and they are compensated fairly Hiring your children in your business can be a great tax savings strategy, as well as a way to teach your children about business and money.
To sum up: The completed theory of activity that incorporates the above modeling of natural unemployment into the 1960s modeling says that employment increases in either or both of two ways: Increased effective demand lifts employment off its present equilibrium path and actual money wages climb above their expected path.
 
 
 
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