Examlex
If a group of people were systematically discriminated against in the past,which of the following would constitute an affirmative action policy designed as a remedy to help the members of this group overcome the legacy of discrimination?
Efficiency Wages
A concept in economics where employers pay higher than the market equilibrium wage to increase worker productivity, loyalty, and quality.
Labor Unions
Organizations representing the collective interests of workers in negotiations with employers over wages, benefits, and working conditions.
Surplus
The amount by which production, resources, or inventory exceeds the actual demand or use.
Labor
The human effort, both physical and mental, used in the production process to create goods or provide services.
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