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James Schlesinger served as Jimmy Carter's head of the Department of
Lowball Procedure
A technique used in sales and negotiation that involves initially quoting a lower price and then raising it after the buyer has accepted the offer.
Expensive Equipment
High-cost tools or machines, typically used for specialized tasks that require significant investment.
Market Rate
The prevailing price or interest rate available in the marketplace for goods, services, or financial instruments.
Bystanders
Individuals who are present at an event or incident but do not take part in it, often discussed in the context of social psychology and behavior.
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