Examlex
If the economy is at an above full-employment equilibrium, ________ gap exists and discretionary fiscal policy that ________ will return real GDP to potential GDP.
Labor Force
The total number of people who are employed and those who are actively seeking employment.
Bureau of Labor Statistics
A US government agency that collects, processes, and disseminates essential statistical data on labor economics, including employment, wages, and productivity.
Unemployed
Refers to people who are without a job and have actively looked for work within the recent past.
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