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If Unemployment Persists for a Long Period of Time,the Natural

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If unemployment persists for a long period of time,the natural rate of unemployment rises.


Definitions:

Cross-functional Team

A team made up of individuals from various sectors or fields of knowledge within an organization, collaborating to achieve a shared objective.

Organizational Foundation

The underlying principles, ethics, and culture upon which an organization is built and operates.

Philosophical Reason

Pertains to the underlying principles or beliefs that drive decisions or actions, often reflecting broader ethical, moral, or existential considerations.

Organizational Strategy

A plan for how an organization will conduct operations and meet its objectives through the efficient use of resources.

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