nominal wage in a sentence
Examples
- Wages of labourers were high, but the rise in nominal wages following the Black Death was swamped by post-Plague inflation, so that real wages fell.
- Each period, one of the unions sets the nominal wage for two periods ( i . e . it is constant over the two periods ).
- Taxes doubled by the 1690s, but nominal wages ( as distinguished from real wages, which rose due to the general decline in price levels ) remained constant.
- The largest nominal wage increases were in community services, up 13.8 percent from the year before, and in the electricity, gas and water industries, up 13.4 percent.
- :See Sticky ( economics ) for more on the economists'eternal lament that " nominal wages are sticky . "-Tree 13 : 48, 27 July 2009 ( UTC)
- Known as midshipmen from naval practice, their parents or guardians paid for their training, and they only received a nominal wage of usually a shilling a month.
- In so far as the scarcity results in nominal wage increases above gains in labour productivity, it would erode the competitiveness of Malaysian industry and contribute to inflationary pressures.
- They " worked for nominal wages out of a desire to see the film made and for the opportunity to appear in it, " notes film historian George McManus.
- So for wage earners as consumers, an appropriate way to measure real wages is to divide the nominal wage ( after-tax ) by the growth factor in the CPI.
- According to a general wage accord reached last year and which runs until next year, nominal wages are expected to increase by 3.8 percent in 1996, Den Danske Bank said.