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According to Rogers,what Does Conditions of Worth Refer To

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According to Rogers,what does conditions of worth refer to?


Definitions:

Labor Force

The total number of workers, including both the employed and the unemployed

Expected Inflation

The rate at which general prices of goods and services are anticipated to rise over a specific period.

Actual Inflation

The actual rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Unemployment Rate

The percentage of the labor force that is unemployed and actively seeking employment.

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