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What are exactly the wages?

Updated: 8/18/2019
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10y ago

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A wage is a compensation, usually financial, received by a worker in exchange for their labor!

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10y ago
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Q: What are exactly the wages?
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Wages represent the amount of money someone earns for their work, while the cost of living refers to the expenses required to maintain a certain standard of living. The adequacy of wages compared to the cost of living can vary depending on factors such as location, family size, and individual circumstances. In some cases, wages may not fully cover the cost of living, leading to financial strain for individuals or families.


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