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Describe the salient features of the Economic Growth and Tax Relief Reconciliation Act of 2001.
Labor-Force Participation
The proportion of the working-age population that is working or actively looking for work.
Prime Working Age
The age range typically considered to be the most productive and economically active period in an individual's life, often defined as 25 to 54 years.
Teenagers
Young people whose age falls within the range from 13 to 19 years.
Labor-Force Participation
The fraction of the population of working age that is engaged in employment or in the search for a job.
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