Examlex
Noah is an unpaid stay-at-home father who is not currently searching for paid work.Pete is a full-time student who is not looking for a job.Who is included in the labor force by the Bureau of Labor Statistics?
Logrolling
A practice in politics where two or more parties agree to vote for each other's proposed bills or policies to ensure mutual benefit.
Transfer Payments
Cash payments made by the government to people who do not supply goods, services, or labor in exchange for these payments. They include Social Security benefits, veterans’ benefits, and welfare payments.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, indicated by a rise in real GDP.
Household Income
The combined gross income of all members of a household, encompassing wages, salaries, benefits, and other income streams.
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