Examlex
In Abraham Maslow's hierarchy of human needs, the need for basic life (food, shelter) , a safe environment, and to belong and be loved are designated "D" needs. What does "D" stand for?
Labor Market
The supply and demand for labor, where employers find employees and individuals find jobs.
Compensating Differentials
Variation in wages that arises to offset the desirability or undesirability of a job or the costs and benefits of working in different locations.
Less Pleasant
A subjective assessment indicating that something is not as enjoyable or agreeable as other options or experiences.
Compensating Differentials
Wage differences across jobs that reflect the desirable or undesirable aspects of different jobs, aiming to compensate workers for job attributes like risk or undesirable hours.
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