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Joey looks in the mirror and gets terrified because he does not recognize the person looking back at him. "Who is in my bathroom," he screams to his wife! Joey may be suffering from ________ syndrome.
Technological Change
The introduction of new technologies and methods that increase productivity and may lead to economic growth and changes in how industries operate.
Labor Productivity
An indicator of economic efficiency that evaluates the quantity of goods and services generated relative to the hours of labor required to produce them.
Unemployment Rates
The share of the working population that is not employed but is in active pursuit of employment.
Improvements in Technology
Advances or upgrades in technological systems, processes, or products, leading to increased efficiency, productivity, or new capabilities.
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