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If the demand for a steak is unit elastic, then
Creditors and Debtors
Creditors are entities or individuals to whom money is owed, while debtors are those who owe money to another party.
Unemployed
The state of being without a paid job despite actively seeking work.
Labor Force
The total number of people employed or seeking employment in a country or particular area.
Unemployment Rate
The percentage of people in the labor force who are not currently employed but are seeking work.
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