the wage differential is considerable
21MIGRATIONS — Jewish migrations have a history of thousands of years: the wanderings of the Patriarchs; the Exodus from Egypt; the Babylonian Exile; the existence of Jewish groups outside Ereẓ Israel in the Second Temple period; the dispersion of the Jewish… …
22Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …
23international trade — Introduction economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …
24population — populational, adj. populationless, adj. /pop yeuh lay sheuhn/, n. 1. the total number of persons inhabiting a country, city, or any district or area. 2. the body of inhabitants of a place: The population of the city opposes the addition of… …
25productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …
26Jacobo Arbenz Guzmán — Infobox President | name=Jacobo Árbenz order=President of the Republic of Guatemala term start=March 15, 1951 term end=June 27, 1954 vicepresident= predecessor=Juan José Arévalo successor=Carlos Enrique Díaz de León birth date=September 14, 1913… …
27Theory of Deep Democracy — Theory of Deep DemocracyThe theory of deep democracy makes a distinction between merely formal and deeper forms of democracy. Formal democracy is an important part of deep democracy, but it is merely a beginning or a necessary condition. In order …
28NATREX — The NATREX stands for NATural Real EXchange rate. It attempts to give a fair value for a currency. It is part of the family of long run equilibrium exchange rate theories (FEER, BEER, and NATREX). Notably the The approach offers an alternative… …
29Works Progress Administration — The Works Progress Administration (renamed in 1939 the Work Projects Administration; WPA) was the largest New Deal agency, employing millions of people and affecting most every locality in the United States, especially rural and western mountain… …
30Currency War of 2009–2011 — The Currency War of 2009–2011 is an episode of Competitive devaluation which became prominent in September 2009. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as …
