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Explain how attention-deficit/hyperactivity disorder (ADHD) can be treated.
Surplus of Labor
A situation in which the supply of labor exceeds the demand for labor, often resulting in unemployment or underemployment.
Minimum-Wage Law
Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers, intended to protect workers from exploitation.
Equilibrium Level
A condition where the amount of goods and services available in the market equals the demand for them, leading to stable pricing and quantity levels.
Efficiency Wage
A higher-than-market wage paid by employers to increase worker productivity and loyalty.
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