In the modern understanding, the form and system of remuneration can be defined as organizational and economic mechanisms for correlating the costs and results of labor of an employee with the amount of wages due to him. Forms of remuneration are ways of determining the dependence of the amount of wages of employees on the […]
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The essence, types and functions of wages, the principles of its organization
The solution to the problem of increasing labor productivity largely depends on the material interest of the employees of the enterprise, which is reduced to an increase in their incomes. A special, central role in the structure of an employee’s income belongs to wages. Both now and in the coming years, it remains the main […]
Money Market Equilibrium
The money market model combines the supply and demand of money. At first, for the sake of simplicity, we can assume that the supply of money is controlled by the Central (National) Bank and fixed at the level of . The price level will also be assumed to be stable, which is quite acceptable for […]