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What might a defendant argue if a plaintiff, who was not wearing a seat belt at the time of his injuries, was injured more seriously than he would have been if he had been wearing a seat belt? Assume the defendant's negligence was the cause of the accident and that the state in which the accident occurred mandates the wearing of seat belts.
Productivity Growth
An increase in the efficiency of producing goods and services, measured by the output per unit of input over a specified period.
Real Wages
Wages adjusted for inflation, reflecting the purchasing power of income.
Minimum Wage
The lowest legal hourly pay for many workers, set by law or policy.
Secondary Labor Market
Employment sectors characterized by low pay, insecure job tenure, and poor working conditions.
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