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Flash-to-pass systems are being discussed. Technician A says the high beam filament is turned on when the flash-to-pass switch is closed. Technician B say the flash-to-pass system only works when the headlights or parking lights are turned on. Who is correct?
Unemployment
The situation when individuals who are capable of working and willing to work are unable to find employment.
Long-run Phillips Curve
An economic concept stating that in the long run, there is no trade-off between inflation and unemployment; the curve is vertical at the natural rate of unemployment.
Inflation
How rapidly the across-the-board prices of goods and services increase, impairing fiscal buying ability.
Unemployment
Unemployment occurs when individuals who are capable of working and are looking for a job are unable to find employment. It is a key economic indicator.
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