Real wage

 

 

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Real wage

 

Glossary of business

 

Definition of real wage

 

The real wage is the value of income in real terms. It is a measure of what the wage is actually able to buy in terms of goods and services.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of real wage

 

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