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Statement I: Decisions affecting the U.S.economy are being made increasingly in London,Frankfurt,and Tokyo.
Statement II: America is borrowing largely for today's consumption rather than for productive investments.
Overtime Costs
Expenses incurred by employers when employees work beyond their scheduled or standard working hours, typically compensated at a higher rate.
Open-Door Policy
A company policy that encourages employees to address their problems to higher levels of management.
Peer Review Panel
A group of professionals assessing the work of their colleagues, typically used in academia and professional settings to maintain quality standards.
Suggestion System
A feedback mechanism within organizations that allows employees to propose ideas or improvements to business processes or workplace conditions.
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