WAGE CURVE | MACROECONOMICS | LEARN OIKONOMIA

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This video discusses WAGE CURVE
The wage curve is a graphical representation of unemployment levels and wages are mapped on a graph when presented in local terms or for a specific region. It is seen that there is a negative relationship between the levels of unemployment and wages.

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Tags:
wage curve
labor market
supply and demand
salary trends
economic theory
income distribution
human resources
career development
labor economics
wage determination