Examlex
If there were a favorable supply shock and the central bank wanted to offset the change in the unemployment rate, what would it do?
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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