Examlex
If the dependent variable Y is directly related to the independent variable X, this means that changes in X cause changes in Y.
Prevailing Local Wage Rates
The average wage paid to workers in a specific area or industry, often used as a benchmark for setting wages.
General Contractors
Companies or individuals tasked with the overall responsibility for the execution, supervision, and completion of construction projects, managing subcontractors and materials.
Fair Labor Standards Act
A federal law in the United States that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.
Overtime Rate
The increased rate of pay that employees receive for hours worked beyond their standard working hours.
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