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As the dollar appreciates, holding all other factors constant, dollar prices of foreign goods
Blue Collar Workers
Employees who perform manual labor, often requiring skilled or unskilled physical work, typically in industries like manufacturing, construction, and maintenance.
Wage Rate
The amount of money paid to an employee for a specified quantity of work, usually expressed as an hourly rate or fixed salary.
Bureaucratic System
An organizational structure characterized by hierarchical authority, formal rules and procedures, and a clear division of labor, commonly found in large institutions and governments.
Rank And File
The ordinary members of an organization, such as a union or military force, as distinct from its leadership or officers.
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