Real wages also fell in 1994 : average nominal wage increases of 65 percent were about 20 percent below the rate of consumer price inflation.
32.
Each period, one of the unions sets the nominal wage for two periods ( i . e . it is constant over the two periods ).
33.
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.
34.
:See Sticky ( economics ) for more on the economists'eternal lament that " nominal wages are sticky . "-Tree 13 : 48, 27 July 2009 ( UTC)
35.
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.
36.
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.
37.
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.
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.
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.
40.
When workers regain their nerve at the bargaining table, " efforts to achieve real wage gains at least commensurate with productivity improvements may exert pressures toward faster nominal wage increases,"
