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Perform the indicated operation and simplify.
Labor Markets
The supply and demand for labor, where employers seek workers and individuals seek employment.
Discrimination
Unfair treatment of individuals based on race, gender, age, or other characteristics rather than on merit or qualifications.
Compensating Differential
Additional wage or benefit that compensates workers for unpleasant aspects of a job, such as risks or undesirable location.
Nonmonetary Characteristics
Aspects of a job or employment that are not related to the salary or wages. These include working conditions, job security, work-life balance, and other benefits.
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