Examlex
Given that Michael is 6 feet 4 inches tall and can dunk a basketball, it is more likely that Michael is an NBA basketball player than a Wal-Mart employee.
Real Wage Rate
The purchasing power of wages when adjusted for inflation, indicating the quantity of goods and services that can be bought.
Minimum Wage
The lowest legal salary that employers can pay their workers.
Million People
Denotes a population or group size consisting of approximately one million individuals.
Workers
Individuals engaged in any form of economic activity or employment, contributing to the production of goods and services.
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