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Taylor contract (economics) The Taylor contract or staggered contract was first formulated by John B. Taylor in his two articles, in 1979 "Staggered wage setting in a macro model". [ 1] and in 1980 "Aggregate Dynamics and Staggered Contracts". [ 2] In its simplest form, one can think of two equal sized unions who set wages in an industry.
v. t. e. Staggered elections are elections where only some of the places in an elected body are up for election at the same time. For example, United States senators have a six-year term, but they are not all elected at the same time. Rather, elections are held every two years for one-third of Senate seats. Staggered elections have the effect ...
Maturity (finance) In finance, maturity or maturity date is the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal (and all remaining interest) is due to be paid. [1][2][3] Most instruments have a fixed maturity date which is a specific date on which the ...
Also isometric graphics. Graphic rendering technique of three-dimensional objects set in a two-dimensional plane of movement. Often includes games where some objects are still rendered as sprites. 360 no-scope A 360 no-scope usually refers to a trick shot in a first or third-person shooter video game in which one player kills another with a sniper rifle by first spinning a full circle and then ...
Striking auto workers want to be paid more equally, setting their sights on a staggered wage system that they say is unfair. Striking autoworkers want to end a system that pays different wages for ...
Accordingly, these voters believe that everyone should pay the same tax rate, mirroring the concept of equal treatment. While progressive tax policies may address income inequality in certain countries, there is a significant segment of the population that opposes them based on this notion of political equality.
Blanket order. A blanket order, blanket purchase agreement or call-off order[1] is a purchase order which a customer places with its supplier to allow multiple delivery dates over a period of time, often negotiated to take advantage of predetermined pricing. It is normally used when there is a recurring need for expendable goods.
A picket (archaically, picquet [variant form piquet]) is a soldier, or small unit of soldiers, placed on a defensive line forward of a friendly position to provide timely warning and screening against an enemy advance. It can also refer to any unit (e.g. a scout vehicle, surveillance aircraft or patrol ship) performing a similar function.