+The **Wage Rate** is the monetary compensation paid to a [worker](/wiki/worker) for their labor, typically measured per hour, day, or output. It represents the price of labor in an economy, influencing both individual [income](/wiki/income) and business costs.
+## See also
+- [Labor Market](/wiki/labor_market)
+- [Minimum Wage](/wiki/minimum_wage)
+- [Salary](/wiki/salary)
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