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Discuss the steps in producing a Levallois flake.
Structural Unemployment
Unemployment caused by a mismatch between workers' skills and the requirements of available jobs, often due to technological or economic changes.
Frictional Unemployment
The short-term unemployment that arises from the process of matching workers with jobs, often due to workers changing jobs or entering the workforce.
Potential Output
The highest level of real GDP (gross domestic product) that can be sustained over the long term without increasing inflation.
Expected Price Level
The anticipated average level of prices for all goods and services in an economy for a future period, influenced by current and forecasted economic conditions.
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