Examlex
A long-term note that pledges title to specific property as security for a loan is known as a mortgage payable.
Labor Force Participation Rate
The labor force as a percentage of the adult population.
Adult Population
The adult population consists of all individuals in a certain region or country who are considered adults, typically based on achieving a specific legal age of majority.
Looking for Work
The activity of actively seeking employment or trying to find a job.
Frictional Unemployment
Short-term unemployment occurring when people are between jobs or entering the workforce for the first time.
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