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Determine the correct equation for the line passing through the point and parallel to the line
Structural Unemployment
Refers to unemployment caused by structural changes in the economy such as technological advances, which create mismatches between the skills workers have and the skills needed for available jobs.
Demand Shifts
Demand shifts occur when the overall demand for a product or service increases or decreases due to changes in consumer preferences, income levels, prices of related goods, and other factors.
Technology Changes
The process of innovation and improvement in technology, affecting productivity, efficiency, and society's overall way of life.
Depression Phase
An economic downturn marked by a long period of decline in GDP, high unemployment, falling prices, and reduced levels of trade and investment.
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