Topic Videos

Difference between Money and Real Wages

Level:
AS
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 21 Mar 2021

Real wages are nominal wages adjusted for inflation. In this case we express real wages at constant 2015 prices. Real wages have been falling in recent years.

Difference between Money and Real Wages

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