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4.2.3 Economic performance
4.2.3.2 Employment and unemployment
Real Wage Unemployment
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Factors which determine real wage unemployment
Year 1 Macroeconomics > Macroeconomics section 3 > 4.2.3 Economic performance > 4.2.3.2 Employment and unemployment > Real Wage Unemployment
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Cards (9)
What is real wage unemployment?:
The effect of a
sustained increase
in
real
wages
above the
free
market
equilibrium
wage rate
What is real wage unemployment?:
The effect of a
sustained increase
in
real wages
above the
free market equilibrium
wage rate
What is real wage unemployment?:
The effect of a
sustained increase
in
real wages
above the
free
market
equilibrium
wage rate
What is real wage unemployment?:
The
effect
of a
sustained increase
in
real wages
above the free market equilibrium
wage rate
See all 9 cards