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Figure 11-2
-Refer to Figure 11-2.Assuming no technological change,if the United States increases capital per hour worked by $40,000 every year between 2012 and 2016,we would expect to see
Discrimination Coefficient
A measure used in economics to quantify the degree to which agents differentiate between similar goods based on non-price factors.
Hispanic Workers
Refers to individuals of Hispanic or Latino descent participating in the workforce.
Wage Rate
This refers to the amount of money paid for a specific quantity of labor, often expressed on an hourly, daily, or piecework basis.
Temporary Assistance for Needy Families
A federal assistance program in the United States designed to help needy families achieve self-sufficiency through financial aid and support services.
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