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Some People Who Are Employed or Who Are Not Making

question 156

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Some people who are employed or who are not making serious effort to find employment will report themselves as unemployed.Some people who want to find work will be counted as out of the labor force.


Definitions:

Consideration

Consideration is a legal term that refers to something of value promised to another when making a contract, and it is a necessary element for the contract to be enforceable.

Gift Causa Mortis

A gift made by an individual who believes they are nearing death, which will be revoked if the donor survives.

Revoked

The action of withdrawing, cancelling, or annuling something previously in effect, such as a law, right, or agreement.

Confusion

The inseparable intermixture of property belonging to different owners.

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