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Compute.
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Price Elasticity
An indicator showing the degree to which the demand for a product changes in response to a price change for that product, calculated as a percentage.
Teenage Workers
Individuals typically aged 13 to 19 who are employed in part-time or full-time positions across various industries.
Minimum Wage
The lowest wage that employers may legally pay for an hour of work.
Unemployment Effect
The impact on employment levels due to changes in economic conditions, policies, or external factors affecting the labor market.
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