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What is Section 291 recapture?
Labor Supply
The total hours that workers wish to work at a given wage rate, representing the availability of labor for production.
Equilibrium Wage
The salary level where the amount of work sought by employers matches the amount of work offered by employees.
Wage Discrimination
The practice of paying different wages to employees who do similar work based on the employees' gender, race, age, or other non-merit-based factors.
Objective Measures
Assessments based on observable and measurable facts, used in various fields to ensure fairness and accuracy in decision-making.
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