Examlex
Assess the success and failures of the Bush administration and how they impacted the election of 2008.
Natural Rate
Often refers to the natural rate of unemployment where the economy is in equilibrium, or the long-term interest rate unaffected by short-term fluctuations.
Unemployment
A situation where individuals who are capable of working and willing to work at current wage rates cannot find employment.
Unemployment Rate
The extent of unemployment in the labor force, represented by those actively seeking employment.
Sectoral Shifts
Changes in economic activity within or across sectors of the economy, often leading to shifts in employment and investment patterns among industries.
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