There tends to be a positive correlation between real wages of workers and the productivity of
labor in the economy.

Question

Quizplus · Accepted Answer

This is often referred to as the "wage-productivity" gap, which suggests that as productivity increases, wages tend to follow suit. This correlation holds true in many countries and industries, although it can vary based on factors such as labor market competition and the bargaining power of workers.

There Tends to Be a Positive Correlation Between Real Wages