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If the Wage Is Kept Above the Equilibrium Wage for Any

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If the wage is kept above the equilibrium wage for any reason, the result is structural unemployment.


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Refers to the effectiveness with which resources are used to achieve a goal, often with the implication of doing so in a way that minimizes waste or maximizes utility.

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The arrangement or setup of the components of a computer or computer system, often described in terms of hardware, software, and network settings.

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