26 lines
596 B
Markdown
26 lines
596 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Money Price of Labour
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## Definition
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The wage rate paid to workers expressed in monetary units, which must be
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sufficient to enable labourers to purchase necessary subsistence for
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themselves and their families.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith explains how the money price of corn regulates the money price of
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labour, as wages must be sufficient to purchase the necessary quantity of
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corn for subsistence.
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## Economic Domain
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Distribution
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---
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