If wage growth is greater than inﬂation, then workers actually become cheaper to hire and their value increases.

Name: If wage growth is greater than inﬂation, then workers actually become cheaper to hire and their value increases.
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Question

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If wage growth is greater than inflation, it means workers are receiving more money relative to the cost of goods and services, making them more expensive to hire, not cheaper. Their purchasing power increases, but their cost to employers also goes up.

If Wage Growth Is Greater Than Inﬂation, Then Workers Actually