Wage–fund doctrine

The wage–fund doctrine is an expression that comes from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined by the relationship of wages and capital to any changes in population. In the words of J. R. McCulloch,

单词	Wages fund doctrine
释义	Wages fund doctrine 英语百科 Wage–fund doctrine The wage–fund doctrine is an expression that comes from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined by the relationship of wages and capital to any changes in population. In the words of J. R. McCulloch,
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Wages fund doctrine

Wage–fund doctrine