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What is a reduction?
Ph.D.
A Doctor of Philosophy degree, a postgraduate academic degree awarded by universities.
Economics
The discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to fulfill their endless desires.
Labor Force Participation Rate
The percentage of the working-age population that is part of the labor force, including both employed and unemployed individuals actively seeking employment.
United States
A country located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.
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