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According to the theory of efficiency wages, it may be profitable for firms to keep wages high even in the presence of a surplus of labor.
Grave Ethical
Pertaining to serious and morally significant ethical dilemmas or issues that require careful thought and consideration.
Rights
Legal, social, or ethical principles of freedom or entitlement; the fundamental norms about what is allowed or owed to people.
Privacy Term
A concept or condition related to the protection of personal information from unauthorized access or disclosure.
Political Term
A word or phrase that is commonly used in the context of governmental, political, or public affairs.
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