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Trial hires are temporary workers employed for a week or two to determine if candidates can do the work and fit in with the corporate culture.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, used as a key indicator of the health of an economy.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, eroding the purchasing power of currency.
Discretionary Increase
A decision by policymakers to increase government spending or reduce taxes beyond automatic stabilizers, aiming to influence the economy's direction.
Aggregate Demand Curve
A curve depicting the total demand for all goods and services in an economy at different price levels, assuming other factors remain constant.
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