Examlex
A surplus of labor is eliminated by ________ in the real wage rate and a shortage of labor is eliminated by ________ in the real wage rate.
Legal Entity
An organization that has legal rights and obligations, including the ability to enter into contracts and own property.
Stockholders' Equity
The residual interest in the assets of a corporation after subtracting liabilities, representing the ownership interest of shareholders.
Corporation
A business organized under state or federal statutes as a separate legal entity.
Stock Split
A corporate action to increase the number of shares by dividing each share, which decreases its price and makes it more accessible to investors without changing the market capitalization.
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