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Today's Terms
Money supply
Definition:
The amount of money (coins, paper currency, and checking accounts) that is in circulation in the economy.
Inflation
Definition:
A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)
Economic strike
Definition:
Economic strikes are not a ground for terminating participating employees and they result when employees strike after a stalemate in negotiations over a contract with management.
More Labor Law Terms >
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