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Identify and briefly describe two types of knowledge that structuration theory seeks to explain. How are both types of knowledge tied to human agency?
Output
The aggregate output of goods and services generated by an economy.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of labor market performance.
Mass Production
The manufacturing of large quantities of standardized products, often using assembly lines or automated technologies.
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