Examlex
The courts have ruled that preliminary and postliminary activities, even if indispensable to the main activities of an employee, do not constitute work time.
Total Output
The total amount of goods and services produced by an economy or firm in a specific period.
Total Revenue
The total amount of money generated by a firm from selling its goods or services before any costs or expenses are subtracted.
Labor Productivity
A measure of economic performance that compares the amount of goods and services produced with the number of hours worked.
Standard Of Living
A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
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