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The price of computers drops by 20%. What is the most likely impact on supply and demand?
Pay Raise
An increase in an employee's salary or wages, often awarded for merit, length of service, or to adjust for inflation.
Pay Gap
The disparity in average earnings between different groups of people within the workforce, often highlighted in discussions about gender or racial wage differences.
CEO Pay
Compensation received by the chief executive officer of a company, often comprising salary, bonuses, and stock options.
Rank-and-File Employee
Workers who are not in managerial positions and usually perform the operational tasks within an organization.
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