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money wage - translation to russian
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
money wage
номинальная заработная плата; денежные выплаты, начисляемые работникам за определенный период их трудовой деятельности.
money wage
номинальная заработная плата, заработная плата в денежном выражении
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
наемный труд.
Definition
money order
(money orders)
A money order is a piece of paper representing a sum of money which you can buy at a post office and send to someone as a way of sending them money by post. (AM; in BRIT, use postal order
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N-COUNT
Wikipedia
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”.
