|
Today's Terms
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.)
Price supports
Definition:
Federal assistance provided to farmers to help them deal with such unfavorable factors as bad weather and overproduction.
Reasonableness
Definition:
Although a certain rule might have been stated, one still needs to ask the question, for instance, "Was it reasonable to fire an employee for selling CDs in the breakroom"?
More Labor Law Terms >
|
