raise wages
71Money Illusion — An economic theory stating that many people have an illusory picture of their wealth and income based on nominal dollar terms, rather than real terms. Real prices and income take into account the level of inflation in an economy. Money illusion… …
72Hobson, John Atkinson — (1858–1940) John Hobson, an economist, political commentator, and activist, formulated what has been probably the single most influential theory of imperialism in his volume Imperialism: A Study (1902). Hobson was the son of a Derbyshire… …
73non-accelerating inflation rate of unemployment — (NAIRU) An inflation rate that creates jobs but not pressure to raise wages. ► “NAIRU fanatics, Treasury Secretary Rubin and his followers have narrowed the growth potential of the Home of the Brave to a band between 2.3% and 2.5%.” (Wall… …
74wage concession — noun an agreement to raise wages • Hypernyms: ↑concession …
75DYCHE, JOHN ALEXANDER — (1867–1939), U.S. labor leader. Dyche was born in Kovno, Lithuania. He went to New York City in 1900 after 14 years in England, where he was active in trade unionism. Dyche soon became involved in the newly founded International Ladies Garment… …
76Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
77ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …
78United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
79United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
80Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …
