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Aggregate Demand
The sum of needs for all goods and services in an economy, measured at a collective price level within a set time interval.
Inflation
The velocity at which the universal price point for goods and services escalates, reducing the ability to make purchases.
Frictionally Unemployed
Individuals who are temporarily out of work while transitioning from one job to another.
Skills
The abilities and expertise that individuals acquire through training or experience that enhance their capacity to perform tasks effectively.
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