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1. The real wage rate is not a variable which can be directly negotiated in the bargaining process.
2. But what happens to the real wage rate following a fall in aggregate demand?
3. Thus a higher wage rate increases the supply of hours of work, but reduces the demand for hours of work.
4. A cost - raising increase in the basic wage rate.
5. The result of the higher wage rate, therefore, will be a much greater unemployment than before.
6. If wage rate unequal in different countries, real unequal trade and international exploitation would appear.
7. I'll take 2003 wage rate, use 2009 projections to get an annual growth rate, this is very simple math, easily argue against.
8. Because Hoover insisted that wage rates stay the same, even though the market-clearing wage rate was falling with productivity and general prices, the result was larger and larger unemployment.
9. In classical theory a spontaneous fall in the real wage rate is the initiating force tending to raise employment and output.
10. Thirdly, estimate the elasticity of the constrained labour demand function with respect to the real wage rate.
11. By implication it is impossible to postulate any definite inverse correlation between changes in the real wage rate and changes in employment.
12. A major problem in valuing the volunteer market in sport is that no accepted shadow wage rate is used.
13. It was Keynes's view that, in practice, the money wage rate was downwardly rigid.
14. Obviously a process of balanced deflation would entail no alteration of the real wage rate.
15. But in what way do variations in effective demand alter the real wage rate?
16. If unemployment is classical, steps must be taken to reduce the real wage rate.
17. Thus workers and managers will want to agree the wage rate for the coming year.
18. ' To get around that difficulty, Commerce'applied the same wage rate to all skill levels and types of labor'attributed to Chinese nail manufacturers.
19. Before we finish with the topic I should perhaps mention another argument sometimes put forward for fixing a minimum wage rate by statute.
20. According to the BCG study, in 2000, China's average wage rate was 36% of the U.
21. Overtime on normal working days and rest 150 % and % of regular wage rate respectively.
22. The other for the cost of the resource, which measure if the price paid for materials or the wage rate paid for labor was more or less than standard.
23. There will be more jobs for the poor and the wage rate will increase when the economy upgrades to more capital intensive industries.
23. Sentencedict.com is a sentence dictionary, on which you can find good sentences for a large number of words.
24. The employer shall timely modify the term of the labor contract, or pay the wages at the wage rate for the non- probationary period.
25. Overtime on normal working days and rest wasat 150 % and 200 % of regular wage rate respectively.
26. Our results show a clear upward trend of real wage rate since 2003 no matter whether other factors are controlled for or not.
27. Some markets, however, differ from this textbook case and are characterized by multiple equilibria—that is, they have more than one wage rate at which demand equals supply.
28. However, the study results do not support raising the wage rate disparity between urban and rural sector to facilitate the labor mobility.
29. One of the major reasons attributed to the rapid growth of China's export in recent years has been the lower than average wage rate of its labor forces.
30. Then using workforce market segmentation theory I analyzed the impact of the flow of rural laborer to cities on the urban employment and the wage rate.
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