Examlex
A decrease in aggregate demand in the short run will reduce:
Equal Wages
The principle or practice of paying the same salary to employees in the same position and qualifications, regardless of gender, ethnicity, or other discriminatory factors.
Equal Pay Act
A federal law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.
Substantially Equal Work
A principle in employment law that requires employees performing jobs that require substantially similar skill, effort, and responsibility to be paid equally, regardless of gender or other discriminatory bases.
Pay Scales
A structure of job positions and salaries within an organization, often determined by experience, education, and responsibility level.
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