Real wages refers to:
A) salary and wages remaining after deducting the expenses incurred to earn the wage, such as child care expenses
B) salary and wages that have been adjusted for inflation
C) total compensation including both wages and benefits
D) salary and wages that have not been adjusted for inflation
E) salary and wages that have been adjusted for the effort required

Question

Quizplus · Accepted Answer

Real wages are wages that have been adjusted for inflation, reflecting the purchasing power of the money earned.

Real Wages Refers To