Examlex
REITS are investment companies that invest in high-quality money market instruments such as Treasury bills, high-grade commercial paper, and guaranteed investment securities.
Retail Trade
The selling of goods and services directly to consumers, typically in small quantities.
Marginal Labor Cost
The additional cost incurred by hiring one more unit of labor or the cost of producing one additional unit of output with an additional unit of labor.
Wage Rate
The standard amount of compensation individuals receive in exchange for their labor or services, typically expressed per hour, day, or piece rate.
Labor Demand
The total amount of workers that employers want and are willing to hire at a given wage rate in a certain period.
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