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The simple monetary policy rule discussed at length in the text is:
Recruitment
The process of identifying, attracting, interviewing, selecting, and hiring employees.
Job Applicants
Individuals who apply or show interest in vacant positions within an organization.
Qualified Pool
A group of individuals who meet the specific qualifications or criteria for a particular role, job, or opportunity, often pre-screened for suitability.
Job Analysis
The process of gathering, documenting, and analyzing information about job responsibilities, tasks, necessary skills, outcomes, and work environment to determine job specifications.
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