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How would the unemployment rate and the labour force participation rate change if discouraged workers were counted as 'unemployed' rather than as being in the 'not-in-the-labour force' category? Show this using the formula for both measurements.
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Production Possibilities Frontier
A curve depicting all maximum output possibilities for two or more goods, given a set of inputs.
Peanuts
Edible seeds enclosed in thin shells, grown extensively for food and oil, and known both for their nutritional value and allergenic properties.
Cashews
Edible nuts harvested from cashew trees, known for their distinct shape and sweet, buttery flavor.
Trade-Off
A situational decision that involves diminishing or losing one quality, quantity, or property of a set or design in return for gains in other aspects.
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