11.   The effect of wage rates is a result of two conflicting elements.

12.   The evidence for the feelings of persecution came from the discussions of the fixing of wage rates by personnel managers.

13.   The result is a complex structure of wage rates, characterised by a system of wage differentials.

14.   Thus a higher wage rate increases the supply of hours of work, but reduces the demand for hours of work.

15.   Wage rates in the industry are still too low, he says.

16.   What is the hourly wage rate?