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In the open-economy macroeconomic model, other things the same, when a U.S. resident imports a foreign good, the demand for dollars in the foreign-currency exchange market decreases.
Industrial-Organizational Psychology
The branch of psychology that applies psychological theories and principles to organizations and the workplace to optimize human behavior in work environments.
Job Applicants
Individuals who apply for a position of employment, seeking to fulfill the requirements and responsibilities of a job.
Manufacturing Firm
A business entity that produces goods using raw materials and machinery in a systematic process.
Social Psychologist
A scientist who studies how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.
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