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Which statement about underachievement is false?
Real Wages
Wages adjusted for inflation, representing the purchasing power of income earned from labor.
Labor Markets
The supply and demand for labor, where employers seek to hire workers and workers seek employment.
Contract
A legally binding agreement between parties that outlines the terms and conditions under which a transaction or exchange is to take place.
Means-Tested Programs
Government programs and assistance available only to individuals or families whose income and assets fall below specified thresholds.
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