Examlex
A premium on bonds occurs when bonds carry a contract rate greater than the market rate at issuance.
Compensating Differentials
The variation in wage rates paid to different workers, mainly due to the non-monetary advantages or disadvantages of specific jobs.
Talent
A natural aptitude or skill possessed by individuals.
Human Capital
Represents the economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Differences in Talent
Variations in the natural abilities, skills, or competencies among individuals that can impact productivity and earnings.
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