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If the unemployment rate is less than the NAIRU,
Negotiation Stages
Phases through which a negotiation process progresses, typically including preparation, discussion, clarification, win-win negotiation, and agreement.
Mediator
A neutral third party who facilitates negotiations or conflict resolution between disputing parties, aiming for a mutually acceptable agreement.
Implementing Agreement
The process of putting a mutually agreed plan or contract into action.
Positive Effects
Beneficial outcomes or impacts resulting from a particular action or set of conditions.
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