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imperfect price flexibility

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  • organized labour — Introduction also called  trade unionism,        association and activities of workers in a trade or industry for the purpose of obtaining or assuring improvements in working conditions through their collective action. Great Britain (United… …   Universalium

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

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