Examlex
A country is undergoing a demographic transition.This mean that the country is:
Wage Rate
The standard amount of compensation given to employees for their labor, typically expressed per hour, day, or piece produced.
Production Costs
These are the expenses associated with manufacturing a product, including labor, materials, and overhead costs.
Native-born Workers
Individuals born in a particular country working in its labor market, as opposed to foreign-born workers.
Immigration
The process by which individuals move from one country to another, with the intention of settling, permanently or temporarily, in the new country.
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