Examlex
_____ are to broad bands as minimums,midpoints,and maximums are to pay ranges.
Circular Flow Diagram
A visual model that shows how money moves through an economy between households and firms.
Businesses
Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods or services.
Households
Economic units consisting of individuals or groups living together and making joint decisions about consumption and resource allocation.
Labor Forces
The total number of people who are eligible and willing to work, including both employed and unemployed individuals.
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