Examlex
Portfolios that offer the highest expected return for a given variance (or standard deviation)are known as efficient portfolios.
Minimum Wage
The lowest legal wage that can be paid to most workers.
Compensating Differential
Additional wage or benefit that compensates workers for unpleasant, risky, or demanding work conditions.
Economic Income
The total value of all income earned, including both monetary and non-monetary gains, over a period of time.
Transfer Payment
Payments made by the government to individuals or other organizations without expecting a good or service in return.
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