Examlex
Though private parties have rights under the antitrust statutes, they have no right to sue under Section 5 of the Federal Trade Commission Act.
Minimum Wage Laws
Legislation that sets the lowest hourly rate that can be paid to workers, intended to protect employees from unduly low pay.
Labor Supplied
The total hours that workers are willing to work at a given wage rate, representing the workforce available to the economy.
Labor Demanded
The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.
Natural Disaster
A sudden and extreme event caused by environmental factors that results in significant damage or loss.
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