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Τι (ποιος) είναι wage increase - ορισμός
ECONOMIC EFFECT THAT REAL INCOME RATIOS BETWEEN HIGH AND LOW INCOME COUNTRIES ARE SYSTEMATICALLY EXAGGERATED BY GDP CONVERSION AT MARKET EXCHANGE RATES
Low-wage economy; Low wage economy; High-wage economy; High wage economy; Low-wage economies
Increase A. Lapham
![Lapham examining a [[meteorite]] which had fallen in Wisconsin in 1868](https://commons.wikimedia.org/wiki/Special:FilePath/Increase Lapham.meteor.jpg?width=200 "Lapham examining a [[meteorite]] which had fallen in Wisconsin in 1868")
AMERICAN SCIENTIST (1811-1875)
Increase Allen Lapham; Increase Lapham
Increase Allen Lapham (March 7, 1811 – September 14, 1875) was an American author, scientist, and naturalist, whose work focused primarily on the what is now the U.S.
Wage labour
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RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER
Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer
Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract.: "All labor contracts were/are designed legally to bind a worker in one way or another to fulfill the labor obligations the worker has undertaken.
Wage-price spiral
ECONOMIC CONCEPT
Price/wage spiral; Wage/price spiral; Wage price spiral
In macroeconomics, a wage-price spiral (also called a wage/price spiral or price/wage spiral) is a proposed explanation for inflation, in which wage increases cause price increases which in turn cause wage increases, in a positive feedback loop. Greg Mankiw writes, "At some point, this spiral of ever-rising wages and prices will slow...
Βικιπαίδεια
Penn effect
The Penn effect is the economic finding that real income ratios between high and low income countries are systematically exaggerated by gross domestic product (GDP) conversion at market exchange rates. It is associated with what became the Penn World Table, and it has been a consistent econometric result since at least the 1950s.
The "Balassa–Samuelson effect" is a model cited as the principal cause of the Penn effect by neo-classical economics, as well as being a synonym of “Penn effect”.
Παραδείγματα από το σώμα κειμένου για wage increase
1. But now, with zero inflation, every nominal wage increase becomes a real wage increase.
2. No. (Laughter.) Minimum–wage increase –– generally supportive or against it?
3. The government and the unions‘ wage increase proposals differed greatly.
4. Perhaps one–fourth of House Republicans support the wage increase.
5. In the House, Democrats tacked on a minimum wage increase, a poison pill for GOP leaders, who oppose a wage increase but worry that political pressures would leave vulnerable rank–and–file Republicans with little choice but to support it.