Examlex
Systems of stratification and power such as class:
Retirement
The act of leaving one's job or ceasing to work after reaching a certain age or due to health issues, often accompanied by receiving a pension or other retirement benefits.
Fed
A shortened term for the Federal Reserve, the central bank of the United States.
Nominal Wage
The amount of pay an employee receives before adjustments for inflation, representing the actual dollars paid.
Quantity of Labor
The total hours of work or number of employed individuals available for work within the economy or a specific business.
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