Examlex
Adverse shocks such as the crop failures of 1972-1973 and the oil price increases of 1974 and 1979 pushed the economy's
Bargaining Position
The relative power or leverage that an individual or party has during negotiations, affecting their ability to secure favorable terms.
Nonunion Workers
Employees who are not members of a labor union and therefore may lack certain protections or benefits that unionized workers enjoy.
Strike Fund
A pool of money set aside by labor unions to support workers during a strike, helping to cover lost wages and other expenses.
Best Bargain
Refers to the most advantageous deal available in terms of price, quality, or both, offering exceptional value for the buyer.
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Q184: One reason that the Phillips curve "broke