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Economy and General Discussion
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Re: Orders to U.S. Factories Fall by Largest Amount in 6 1/2 Years in January
Posted by: 401k
Date: 03/06/2007 03:04PM
"Productivity is the key element needed for rising living standards. It allows businesses to pay workers with the wage gains financed by the increased output. Without productivity gains, businesses often have to resort to boosting the cost of their products to finance wage gains, a process that increases inflation."
Does anyone have a graph showing productivity vs. real wages?
Current
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