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Figure: Actual and Natural Rates of Unemployment
-(Figure: Actual and Natural Rates of Unemployment) Look at the figure Actual and Natural Rates of Unemployment. In 1982, the actual unemployment rate was approximately:
Implied Authority
A form of authorization assumed to be given by a principal to an agent as part of the agent's role, even if not explicitly stated.
Excessive Force
The application of an amount and/or frequency of force greater than that required to comply with law enforcement or legal requirements.
Privileged
Refers to having special rights, advantages, or immunities that are not available to everyone.
Representation Clause
A contractual provision where one party guarantees certain facts or conditions to be true or to occur.
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