3 ms·
True, but for practical purposes salaries (or the mean of salaries + returns from investments) closely approximate output. In any case it should be clear that s
by opportune 9y ago
True, but for practical purposes salaries (or the mean of salaries + returns from investments) closely approximate output. In any case it should be clear that salaries and inflation aren't directly linked. Salaries should (generally) increase slightly more than inflation as productivity increases over time