3 ms·
Incorrect. "Real wages" are "wages adjusted for inflation", or "wages relative to the cost of living" in economics parlance. If real wages are growing, then wag
by cheald 8y ago
Incorrect. "Real wages" are "wages adjusted for inflation", or "wages relative to the cost of living" in economics parlance. If real wages are growing, then wage growth is outpacing the growth of the cost of living.