market-clearing wage
常見例句
- Because Hoover insisted that wage rates stay the same, even though the market-clearing wage rate was falling with productivity and general prices, the result was larger and larger unemployment.
由于胡佛堅持工資不能變，但是隨著生產(chǎn)能力和整體價格的下降，市場結清工資早已下調(diào)，結果就是一波又一波的失業(yè)。 - If labor and other markets are allowed to function without government intervention, there will be a tendency toward market-clearing prices, including relative wage rates and interest rates that reflect time preferences and the productivity of capital.
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