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Several Types of Economic Events Can Cause a Shift in Labor

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Several types of economic events can cause a shift in labor demand, so that a higher or lower quantity of labor is hired at every salary or wage. List three of these events.


Definitions:

Agoraphobia

An anxiety disorder characterized by intense fear and avoidance of places or situations where escape might be difficult or help might not be available.

Agora

In ancient Greece, a public open space used for assemblies and markets.

Pyromania

A psychological disorder characterized by an irresistible urge to start fires.

Psychopathic Disorder

a mental disorder characterized by enduring antisocial behavior, diminished empathy and remorse, and bold, disinhibited, and egotistical traits.

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