Examlex
The genetic composition of a person is known as a ____ and is fixed at birth, whereas an observable characteristic of a person is known as a ____ and can change over time.
Minimum Wages
The lowest legal wage that can be paid to workers, set by government laws to protect employees from unduly low pay.
Structural Unemployment
A type of unemployment that results from a mismatch between the skills that workers offer and the skills demanded by employers.
Surplus of Labor
A situation in which the supply of labor exceeds the demand for labor, often resulting in unemployment or underemployment.
Minimum-Wage Law
Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers, intended to protect workers from exploitation.
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