Examlex
Which element of a Fitbit smartwatch converts distance traveled to the number of steps taken?
Labor Market
A marketplace where employers find workers and workers find jobs, governed by supply and demand for labor.
Productivity Differences
Variations in the efficiency and effectiveness with which firms or economies turn inputs into outputs.
Human-Capital Theory
A concept in economics that views individuals' skills, knowledge, and experience as economic value, suggesting that investments in education and training can enhance productivity and earnings.
Discriminatory Practices
Actions or policies that treat an individual or group unfairly based on certain characteristics, such as race, gender, age, or sexual orientation.
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