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ADUN SPEAKS | Why is our currency depreciating? Why are our wages relatively low? Why can’t we mandate higher salaries? These questions resonate with many, especially concerning how currency depreciation further affects livelihoods. Employees are concerned about their salaries, so let’s first briefly discuss from an economic perspective. Productivity ratio refers to the ratio of output value to input value, that is, output/input. Output typically represents the value of products, while input refers to wages. For instance, does an employee earning RM3,000 bring at least RM3,000 worth of product…

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