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Ceiling and floor effects refer to:
Labor Unions
Entities that act on behalf of employees in discussions with employers about salaries, work environment, and perks.
Labor Supply
The total hours of work that workers are willing and able to provide at a given wage rate.
Demand for Labor
The total amount of workers that employers want to hire at a given wage rate, in a given time period.
Union Membership
Involvement in an organized association of workers formed to protect and further their rights and interests in the workplace.
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