Examlex
Over the last four decades,the value of the NAIRU has tended to change because of
Utility Maximization
The economic principle that individuals or entities attempt to obtain the greatest satisfaction or utility from their available resources.
General Beliefs
Widely held opinions or convictions concerning various topics or principles.
Bargaining Unit
A cohort of workers, characterized by mutual interests, and represented by one labor union in discussions for collective agreements.
NLRB
The National Labor Relations Board, a US federal agency tasked with enforcing US labor law in relation to collective bargaining and unfair labor practices.
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