Examlex
Explain how omission of information and choice of words can affect the accuracy of a message.
Market Equilibrium
A state in a market where supply equals demand, resulting in stable prices and no tendency for change until external factors impose it.
Market Wage Rate
The prevailing pay rate for a specific job in a specific market or industry, determined by supply and demand.
Generous Pension Plan
A retirement plan that offers higher than average benefits to employees, often providing significant income in retirement.
Prestigious
Associated with high status, respect, or admiration awarded to people, institutions, or things based on their achievements, quality, or importance.
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