Examlex
What is the importance of intake to juvenile justice, and how are juveniles processed through this stage of the system?
Economic Rent
Income derived from the ownership of a factor of production that is in fixed supply, exceeding what is necessary to keep it in its current use.
Employment Gains
The increase in the number of people who are employed, reflecting positive growth in the job market.
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.
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