Examlex
Find an equivalent equation in rectangular coordinates.
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Supply of Labor
The total hours that workers are willing and able to work at a given wage rate, over a certain time frame.
Supply of Capital
The total resources, financial and otherwise, available for investment in production.
Dual Labor Market
describes an economy divided into two segments: a primary sector with secure, well-paid jobs, and a secondary sector with insecure, poorly paid jobs.
Primary Labor Market
Refers to jobs that provide high wages, benefits, job security, and opportunities for advancement.
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