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What type of governmental intervention,according to you,is the most severe? Categorize different types of governmental inventions based on their rigorousness.
Equilibrium Level
A state in which market supply and demand balance each other, resulting in stable prices and quantities.
Unemployment
The condition of being without a job, while actively looking for one and being willing to work.
Minimum-wage Laws
Legislation that sets the lowest hourly wage rate that can be paid to workers, intended to protect employees from unduly low pay.
Labor Force
The total number of people employed and unemployed, actively seeking work in an economy.
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