Wages in example sentence
Among those who recognized the reality of involuntary unemployment were John Maynard Keynes and Arthur Lewis, who incorporated it into his model of dual economies, in which urban wages do not respond to labor-supply gluts and remain above what rural workers earn.
More example sentences with word wages
If you double the size of a city from 100,000 to 200,000, from a million to two million, 10 to 20 million, it doesn't matter, then systematically you get a 15 percent increase in wages, wealth, number of AIDS cases, number of police, anything you can think of. All example sentences