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What factors can shift the natural rate of unemployment?
Net Earnings
The profit determined after all expenses and taxes have been subtracted from total revenue.
Payroll Tax Expense
Charges levied on both employers and employees, calculated as a proportion of the wages that employers distribute to their workers.
Wages Payable
A liability account that records the amounts owed to employees for work performed but not yet paid.
Liability
refers to any type of financial commitment or obligation that an entity is responsible for, such as debts and legal responsibilities.
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