Wages of labourers were high, but the rise in nominal wages following the Black Death was swamped by post-Plague inflation, so that real wages fell.
32.
Each period, one of the unions sets the nominal wage for two periods ( i . e . it is constant over the two periods ).
33.
Taxes doubled by the 1690s, but nominal wages ( as distinguished from real wages, which rose due to the general decline in price levels ) remained constant.
34.
The largest nominal wage increases were in community services, up 13.8 percent from the year before, and in the electricity, gas and water industries, up 13.4 percent.
35.
:See Sticky ( economics ) for more on the economists'eternal lament that " nominal wages are sticky . "-Tree 13 : 48, 27 July 2009 ( UTC)
36.
Known as midshipmen from naval practice, their parents or guardians paid for their training, and they only received a nominal wage of usually a shilling a month.
37.
In so far as the scarcity results in nominal wage increases above gains in labour productivity, it would erode the competitiveness of Malaysian industry and contribute to inflationary pressures.
38.
They " worked for nominal wages out of a desire to see the film made and for the opportunity to appear in it, " notes film historian George McManus.
39.
So for wage earners as consumers, an appropriate way to measure real wages is to divide the nominal wage ( after-tax ) by the growth factor in the CPI.
40.
According to a general wage accord reached last year and which runs until next year, nominal wages are expected to increase by 3.8 percent in 1996, Den Danske Bank said.
