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Negotiated (cost) is a measure in which
Collective Bargaining Agreement
A written legal contract between an employer and a union representing the employees, containing terms of employment, working conditions, and wage rates.
Strikes
Work stoppages initiated by employees to protest against policies or conditions of their employers.
U.S. Economy
Refers to the economic system of the United States, characterized by a mixed economy that includes private freedom, combined with centralized economic planning and government regulation.
Labor Unions
Organizations formed by workers in various industries to protect and advance their rights, wages, benefits, and working conditions through collective bargaining.
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