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Explain the ripple effects of a sale of securities in an open market operation.
Labor Union Members
Individuals who are part of an organization that represents workers' interests in negotiations with employers regarding wages, work conditions, and rights.
Collective Bargaining
A process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.
Escalator Clauses
Provisions in a contract that allow for an automatic increase in wages or prices under certain conditions.
Productivity Increases
An improvement in the efficiency of production, often measured by the amount of output per unit of input over a period.
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