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If Two Simple Conditions Are True, the Compound Condition Created

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If two simple conditions are true, the compound condition created from them by the Or operator is also true.


Definitions:

Unemployment

Unemployment refers to the situation when individuals who are able and willing to work cannot find employment.

Price Level

The median price level of all goods and services currently offered in the economy.

Previous Year

The 12-month period immediately before the current year, used as a reference point for comparing data or statistical analysis.

Unemployment

The situation where individuals who are willing and able to work are not currently employed.

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