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Grievance and arbitration procedures usually serve the needs of labor alone. Agree?
Some people are of the opinion that grievance and arbitration procedures usually serve the needs of labor alone. Provide your viewpoint on this. Cite examples to support your answer.
Explain the roles of the government and the Fed Reserve individually in closing a recessionary gap. A recessionary gap takes place when the full-employment output (potential output) exceeds the actual equilibrium output.
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