In 1996 the ALI Approved Development of the Restatement Third

question 63

True/False

In 1996 the ALI approved development of the Restatement Third, Torts: Liability for Physical and Emotional Harm, which applies mostly to nonintentional torts. As of 2011, neither of this Restatement's two volumes had yet been published in final form.

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Definitions:

Wage Rate

The standard amount of pay given for work performed, typically expressed as an hourly rate or annual salary.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way.

Workers Demanded

The number of employees that employers are willing to hire at a given wage rate.

Economic Immigration

The movement of individuals to a new country with the aim of gaining employment or pursuing investment opportunities, often contributing to the host country's economy.