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The term real wages refers to wages that are?

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Answer:

adjusted to account for inflation

First answer by ID2528159733. Last edit by ID2528159733. Question popularity: 2 [recommend question].

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What are real wages?
an indication of an individual's actual purchasing power.
The term Real GDP refers to?
gross domestic product
What does the real wage represent?
the wage measured in dollars of constant purchasing power; the wage measured in terms of the quantity of good and services it buys.
A wage is?
A set rate of pay per hour
What does the term minimum wage mean?
The lowest wage an employee is allowed to be pay.