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Meaning of wage moderation | Babel Free

Noun CEFR B2

Definitions

A method of devaluing a real exchange rate internally, as a way of regaining competitiveness when a nation's nominal exchange rate is fixed.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

wage packet wage premium wage scale wage share wage slave wage slavery