What would an employer wishing to raise the "real wages" of employees have to do?
A)grant across the board wage increases
B)re-evaluate jobs in order to upgrade their worth
C)pay employees on a pay for performance standard
D)grant wage increases larger than the cost of living

Question

Quizplus · Accepted Answer

Real wages refer to the purchasing power of wages, i.e., how much goods and services the wages can buy. To raise real wages, an employer must increase wages at a rate higher than the increase in the cost of living, ensuring that employees can afford more with their earnings.

What Would an Employer Wishing to Raise the "Real Wages