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Applying the pluralist approach, which of the following explains the direction of influence on public policy?
Wage Rates
The fixed amount of compensation or payment given to employees for their services, typically expressed per hour or per unit of work.
Income Effect
The change in an individual's or economy's purchasing power due to a change in real income.
Human Capital Investment
The process of increasing the education, skills, and abilities of the workforce to enhance productivity and economic growth.
Legislation
Laws created through the process of writing, enacting, and implementing statutes by a legislative body.
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