11.   But it can also be found in the writings of Defoe, who favoured high wages as a stimulant for home demand.

12.   In the case of North America this was further emphasised by a generally high wage level.

13.   In North America consumer expectations moved quite rapidly down the social scale, drawn by high wages and less marked social rigidities.

14.   The other side of the coin is that some of the manufacturing jobs lost in high wage countries have turned up in low wage countries.

15.   The consequence of this is that the real wage level exceeds the equilibrium one so that there is, simultaneously, high real wages and unemployment.

16.   Adam Smith presented them as an example of a small group of workers so strategically placed in the chain of production that they could command high wages.

17.   You obvious, supposed high wages in the urban area.

18.   Such unemployment is labelled classical in the sense that its sole root cause is an excessively high real wage.

19.   Economic prosperity allowed government to maintain peace with the labor unions by allowing high wage settlements.

20.   Employers would be unable to employ so many people if the Government forced them to pay an artificially high wage.