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A factor that does NOT affect consumer spending is:
Prevailing Wages
The standard or most common wages determined by governmental or regulatory bodies, often used in context to ensure fair compensation in public contracts.
Skill-Based Pay Systems
Pay structures that set pay according to the employees' levels of skill or knowledge and what they are capable of doing.
Empowerment
Involves giving employees the authority, resources, and responsibility to manage their own tasks and make decisions, aiming to increase their influence and performance within the organization.
Product Market
The marketplace where final goods or services are traded between sellers and consumers or businesses.
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