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Line managers respect the knowledge human resource managers have in areas such as testing and affirmative action. Consequently, human resource managers can influence line managers through .
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs resources and technology.
Economic Decline
A period where an economy experiences reduced economic activity, often marked by decreases in GDP, employment, and consumer spending.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), assuming all inputs are used efficiently.
Unemployment Rate
The share of the working group that is currently without a job and actively on the lookout for one.
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