Despite this, nominal wages were repeatedly increased, outstripping price increases.

It probably would have worked if we had been able to pay them a nominal wage but the incentive of free computer parts was not enough.

If there is deflation, on the same nominal wage, people are better off.

A dollar's worth of nominal wages does not buy as much when prices rise.

If only nominal wages are considered, the conclusion has to be that people used to be significantly poorer than today.

Americans wanted higher nominal wages and prices to keep up as the real value of each dollar declined.

The long stability of nominal wages ended abruptly in the 1790s.

Firms hire them because they see the inflation as allowing higher profits for given nominal wages.

Although nominal wages were rising, there was not a commensurate increase in the standard of living for the Chilean population.

Even so, nominal wages in recent years have been slightly above those in competitor countries.