Examlex
MATCHING
Match each term with the correct statement below.
-Created by placing the desired result type in parentheses
Nominal Wages
Wages that are paid to employees not adjusted for inflation, representing the dollar amount received.
Real Wages
Wages adjusted for inflation, representing the purchasing power of the income received from work.
Human Capital
The combined abilities, expertise, and non-physical assets of people that can be leveraged to generate economic worth.
Future Earnings
Refers to the projected income or profits that an individual, company, or asset is expected to generate in the future.
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