Examlex
Which type of unemployment is most likely to help an economy become more efficient?
Deadweight Loss
A loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is unachievable.
Tariff Revenue
The income generated by a government from imposing taxes on imported goods.
World Price
The global market price of a product or service, determined by worldwide supply and demand factors.
Domestic Price
The price of goods or services within a specific country, unaffected by international trade or exchange rates.
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