Study Notes
Real Wages (Labour Markets)
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 4 Apr 2018
Real income measures the purchasing power of a given amount of nominal (money) income – i.e. nominal income adjusted for inflation


You might also like

Automation a factor behind falling real wages for millions
19th October 2014

Which country has the biggest economy?
15th October 2014

Measuring a minimum income standard
29th July 2014

Should there be a maximum wage?
29th July 2014

60 Second Adventures in Economics - The Phillips Curve
20th September 2012
Measuring the Balance of Payments
Study Notes
Measuring National Income
Study Notes
What is Economic Growth?
Study Notes