Examlex
Define what is meant by "power pole." List two types of actors that can be power poles.
Wage Disparity
The difference in wages earned by different groups of people, often segmented by gender, race, or education level.
Human Capital
The economic value of an individual's experience and skills.
Wage Disparity
The difference in wages between individuals or groups, often analyzed in the context of gender, ethnicity, occupation, or education level disparities.
Efficiency Wages
Wages set above the market equilibrium to increase worker productivity and efficiency.
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