Examlex
The _____ effect on labor supply occurs when workers supply more labor at higher wages because the opportunity cost of leisure increases.
Statehood
The condition of being recognized as an independent nation or the admission of a territory into a federation or union as a state.
Slavery
A system in which individuals are owned by others, denied freedom, and forced to work without compensation.
Balance of Power
is a diplomatic theory aiming to prevent any one nation or alliance from becoming too strong by maintaining equally distributed military and economic power among countries or groups of countries.
House of Representatives
is the lower chamber of the United States Congress, where members are elected to represent geographical districts for two-year terms.
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