What Is the Primary Source of Higher Real Wages

question 68

Multiple Choice

What is the primary source of higher real wages?

• A) Labor unions.
• B) The threat of a strike by a union.
• C) Increases in productivity.
• D) Increases in the supply of money.

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Definitions:

Mobility

The ability of technology, services, or workers to be moved or accessed from different locations, enhancing flexibility and connectivity.

RFID Tag

A technology that uses electromagnetic fields to automatically identify and track tags attached to objects, containing electronically stored information.

RFID

Radio Frequency Identification, a technology used to transmit data wirelessly using electromagnetic fields to identify and track tags attached to objects.

Bar Codes

A machine-readable code in the form of numbers and a pattern of parallel lines used to identify a product.