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Explain the difference between the unemployment rate and the participation rate.
Diversity Jurisdiction
A form of jurisdiction in U.S. federal courts allowing for the hearing of cases involving parties from different states or countries, provided the amount in controversy meets a specified minimum.
Subject Matter Jurisdiction
The power granted to a court to handle cases within a particular category or linked to distinct subject areas.
In Personam Jurisdiction
Legal authority for a court to make decisions affecting a particular person's rights or obligations.
Jurisdiction in Rem
A legal principle allowing courts to exercise authority over a property regardless of the owner's location.
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