Examlex
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Passive Policy
A government or regulatory approach that involves minimal intervention in the economic affairs of individuals and businesses.
Unemployment
Unemployment refers to the situation where individuals who are capable of working and actively seeking work are unable to find a job.
Economy's Natural Ability
The inherent capacity of an economy to grow and adapt over time, based on resources, technology, and human capital.
Active Economic Policy
Government interventions aimed at influencing the economy through measures such as fiscal and monetary policies to achieve specific macroeconomic objectives.
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