Examlex
The acronym for a group formed in 1960 to counteract the power of oil companies is ____________.
Labor Force Turnover
The rate at which employees leave a company and are replaced by new employees.
Labor Productivity
Average product of labor for an entire industry or for the economy as a whole.
No Shirking Constraint
A principle in labor economics that suggests wages are set to deter employees from shirking or underperforming.
Unemployment
The state of being without a job despite actively looking for work.
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