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Today's Terms
Federal Reserve Bank
Definition:
One of the 12 operating arms of the Federal Reserve System, located throughout the United States, that together with their 25 branches carry out various functions of the U.S. central bank system.
Norris-LaGuardia Act
Definition:
Adopted in 1932, this act was one of the first attempts to limit the power of federal courts in labor disputes.
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.)
More Labor Law Terms >
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