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Describe two ways that public policy could reduce the natural rate of unemployment.
Disbursement Float
The time lag between when a payment is made by writing a check and when the funds are actually withdrawn from the payer's account.
Collection Float
The interval between depositing a check into a bank account and the moment the deposited funds are accessible.
Outstanding Cheques
Checks that have been written and issued but not yet cashed or cleared through the banking system.
On-line Retailing
Online Retailing is the selling of goods or services over the internet, where customers can shop from a variety of vendors at any time.
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