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One of the Problems with Using a Variety of Channels

question 6

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One of the problems with using a variety of channels (multiple-channel system)is loss of control over some part of the system.


Definitions:

Frictionally Unemployed

Individuals temporarily out of work while moving between jobs or looking for their first jobs.

Unemployment Rate

An indicator of the proportion of people in the workforce who are unemployed and searching for work.

Disinflation

A slowdown in the rate of inflation; the process whereby price increases slow down, but the general price level does not decrease.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two consecutive quarters.

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