Examlex
Ending a message with phrases such as "as soon as possible" or "at your convenience" helps in building goodwill.
Equilibrium Wage
The wage rate at which the quantity of labor supplied by workers equals the quantity of labor demanded by employers, resulting in a stable labor market.
Illegal Immigrants
Individuals who enter or reside in a country without legal permission or overstay their authorized period.
Labor Market
A marketplace in which employers find workers and workers find jobs; this market is influenced by supply and demand for labor, skills required, and wage levels.
Equilibrium Wage
The wage rate at which the quantity of labor demanded equals the quantity of labor supplied in the market, leading to a stable employment situation.
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