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Institutions in the Labour Market
Wages and Methods of Wage Payment
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adjustment agreements analysis areas associated average benefits Britain British capital cent chapter collective bargaining competition demand for labour differentials difficulties discussion distribution earnings economic effect employed employers example existing expenditure extent extra factors firm full employment Government growth higher important improve incomes policy increase indirect taxes individual industrial relations inflation kind labour economics labour force labour market labour supply leisure less manpower marginal product marginal revenue means ment Ministry of Labour movement MRPl negotiation normal occupations organisation output overtime particular pattern payment by results perfect competition period population possible post-war problems profits reduce relative require rise salaried workers Secondly sectors share shortage skilled social standard strike action supply of labour taxation technical change theory tion trade unions types unemployed wage earners wage rates wage share wage structure Wages Councils women