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Structural Unemployment Results When Wages Are, for Some Reason, Set

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True/False

Structural unemployment results when wages are, for some reason, set above the level that brings supply and demand into equilibrium.


Definitions:

Boringness

The quality or state of being uninteresting, monotonous, or tedious.

Cleanliness

The state of being clean and free from dirt, and the process of achieving and maintaining that state.

Individualist Cultures

Cultures in which the self is regarded as autonomous, and individual goals and wishes are prized above duty and relations with others.

Personal Goals

Individual objectives, targets, or ambitions that a person aims to achieve or accomplish.

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