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What is Employment and Unemployment?
Employment and Unemployment:
Employment:
It is the number of people working within the economy.
Unemployment:
It is the number of people who are actively seeking work but aren’t presently employed.
The labor force is equivalent to the sum of unemployment and employment.
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 a) Many are concerned
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Why are countries that let people respond to the inborn profit motive better off than those countries that do not?
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