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Technological Improvements
Enhancements or advancements in technology that increase productivity or efficiency in a process or product.
Unemployment
The state of being without a job despite actively looking for work, often used as a key economic indicator.
Output Growth
The increase in the amount of goods or services produced by an economy over a period.
Production Possibilities Curve
A graphical representation showing the maximum number of goods or services that can be produced in an economy given available resources and technology.
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