Do Higher Wages Cause Higher Prices

Duration: 14 min

Year Published: 1957

Creator: AFL-CIO EDUCATION DEPT 815 SIXTEENTH ST N W WASHINGTON DC 20006

Format: 16mm

Color: Color

Sound: sound

Description: Exposes the charges that wage increases cause price inflation. Uses animation to explain why our expanding economy can usually absorb higher wages without raising prices. Explains that for ten-year periods since 1947, wages have lagged behind productivity increases, thus concluding that price increases have resulted from causes other than higher wages.

Metadata Source:Educational film guide. Supplements (1959-62)