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Which of the Following Does Not Create Unemployment by Keeping

question 80

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Which of the following does not create unemployment by keeping wages above the equilibrium level?


Definitions:

Tort Action

A lawsuit instigated by an individual who has suffered harm due to another's wrongful act, aiming to obtain a remedy such as monetary compensation.

Hearsay Evidence

Evidence presented in court based on what the witness has heard someone else say, rather than on direct personal knowledge.

Substantive Law

The set of laws that governs how members of a society are to behave. It defines rights and responsibilities in civil law, and crimes and punishments in criminal law.

Private Law

The rules that govern our personal, social, and business relations, which are enforced by one person’s suing another in a private or civil action

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