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The figure given below shows the interest rate on the vertical axis and the quantity of money on the horizontal axis.In this figure,an increase in the level of real GDP will cause a movement from: Figure 15.1
National Mediation Board
A federal agency that facilitates and mediates labor-management relations within the United States' railroad and airline industries.
Railway Labor Act
A 1926 United States federal law that governs labor relations in the railway and airline industries, aiming to avoid service disruptions.
Third Party Dispute
A conflict involving an external party to assist or decide in the resolution process between two other parties, commonly found in mediation or arbitration scenarios.
Conventional Arbitration
A form of arbitration where the arbitrator has complete discretion to determine the outcome, without being required to follow specific legal precedents.
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