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Old 07-01-2004, 09:48 AM   #95 (permalink)
cthulu23
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Quote:
Originally posted by onetime2
Real wages does not necessarily equate to purchasing power and is not the sole determinant of wealth.
By definition, "real wages" equate to the purchasing power of a person's salary. This is not the sole determiner of wealth, as investments, inheritance and other factors do play a part, but such factors are not very relevant to the poor or middle class.
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