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Which of the following was a term of the Treaty of Versailles?
Cyclical Unemployment
Unemployment caused by the cyclical trends in the economy, fluctuating with the ups and downs of business cycles.
Unemployment Rate
The unemployment rate is a metric that quantifies the proportion of the workforce that is without a job and is actively looking for work.
CPI
The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to assess price changes in the cost of living.
Price Level
A measure of the average prices of goods and services in an economy at a specific time, influencing purchasing power and economic policy.
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