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| 1 | Subsistence theory of wages |
| In economics, the subsistence theory of wages states that wages in the long run will tend to the minimum value needed to keep workers alive. The justification for the theory is that when wages are higher, more workers will be produced, and when wages are lower, some workers will die, in each case ... | |
| 2 | Living wage |
| Living wage refers to the hourly wage deemed necessary for a person to achieve a basic standard of..., food, utilities, transportation, health-care, and recreation. It differs from the minimum wage... regions have enacted ordinances which set a minimum wage higher than that which is required by ... | |
| 3 | Price/wage spiral |
| In macroeconomics, the price/wage spiral (also called the wage/price spiral ) represents a vicious circle process in which different sides of the wage bargain try to keep up with inflation to... rising costs, including nominal wage costs, and to keep the real value of profit margins from ... | |
| 4 | Bracket creep |
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| 5 | AWD |
| AWD is an acronym abbreviation of: All wheel drive Americans with Disabilities Area Wage Determination Artists with Disabilities Microsoft Fax At Work Document (file extension ... | |
| 6 | Efficiency wage hypothesis |
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| 7 | 167 |
| Years: 163 164 165 166 - 167 - 168 169 170 171 Decades: 130s 140s 150s - 160s - 170s 180s 190s Centuries: 1st century - 2nd century - 3rd century Events Germanic tribe Marcomanni waged war... King Chogo of Baekje waged war against Silla in Korean peninsula. Births Deaths Pope Anicetus ... | |
| 8 | Oregon Ballot Measure 36 (1996) |
| Ballot Measure 36 of 1996 increased Oregon's minimum wage from $4.75 to $6.50 over a three-year... Citizens and some religious groups. They argued that the previous minimum wage was not a living wage, and that many minimum wage earners were trying to support families. Opponents included businesses ... | |
| 9 | Minimum wage |
| The minimum wage is the minimum rate a worker can legally be paid. Each country sets its own minimum wage laws and regulations, and some countries have no minimum wage. Worldwide minimum wages..., while the rate for workers aged 18 to 21 is £3.80 an hour. United States : the federal minimum wage is ... | |
| 10 | Oregon Ballot Measure 25 (2002) |
| Ballot Measure 25 of 2002 increased Oregon's minimum wage from $6.50 to $6.90 per hour and... the poor. They pointed out the difficulty of raising a family on the current minimum wage, and argued that tying the minimum wage to inflation was more fair. Rather than teenage workers, supporters ... | |
| 11 | Shunto |
| Shuntō (春闘) is a Japanese term, usually translated as "spring [wages] offensive", with the word "wages" sometimes substituted with livelihood, labour or similar. It refers to the annual wage... brought the cities of Japan to a halt every spring, it was key to boosting the comparatively low wages of ... | |
| 12 | Real wage |
| Real wages. The term 'real', when used in an economic context, means 'inflation adjusted'. When comparing nominal wages, or unadjusted wages, the figures seen will include any inflation incurred..., wages rise from £20,000 in year one to £20,400 in year two, to £20,604 in year three. If inflation ... | |
| 13 | Riders of the Purple Wage |
| Riders of the Purple Wage was a science fiction novella by Philip José Farmer. It won the Hugo Award for best novella in 1968, jointly with Weyr Search by Anne McCaffrey ... | |
| 14 | Iron law of wages |
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| 15 | Real vs. nominal in economics |
| the distinction between money and inflation-corrected numbers. Nominal numbers - such as nominal wages... money terms. A paycheck shows money wage and a car loan agreement indicates the nominal interest rate... - real wages, interest rates, and GDP - are corrected for the effects of inflation. They indicate the ... |