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Discuss the likely impact of each of the following on the unemployment rate:
a.The length of time workers are eligible to receive unemployment insurance payments is cut in half.
b.The government passes a law making labor unions illegal.
c.The minimum wage is raised by 50 percent.
d.The government funds an Internet site where companies can post job openings at no charge.
Gambling
The act of wagering money or something of value on an event with an uncertain outcome with the primary intent of winning additional money or material goods.
Continuous Studying
The practice of dedicating long periods to academic work without significant breaks or interruptions.
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Surprise tests given without prior announcement to assess students' knowledge on a particular subject matter.
Successive Approximations
A method in behaviorism used to shape behavior by rewarding actions that are progressively closer to the desired behavior.
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