Examlex
Which term does not belong with the others?
Labor Supply
The total hours that workers are willing and able to work at a given wage rate, in a given time period.
Labor Demand
The total amount of workers that employers are willing and able to hire at a given wage rate within an economy.
Compensating Differentials
Wage differentials that arise to compensate workers for the desirability or undesirability of a job's characteristics.
Job Characteristics
Encompass the attributes, roles, responsibilities, and overall environment of a particular job that influence the job holder's motivation and satisfaction levels.
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