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Yale
An elite private Ivy League research university in New Haven, Connecticut, known for its highly selective admissions process and distinguished academic and research programs.
Wage Differences
Variations in pay for jobs that are based on factors like location, skill level, experience, and industry demand.
Discrimination
The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.
Surplus Of Labor
A situation where the supply of workers exceeds the demand for labor, often leading to unemployment or underemployment.
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Q165: The labor-supply curve will be downward sloping