Under what conditions does a perfect market exist?
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Type: Glossary
when a worker who wants to work full time is obliged to take part time employment.
Type: Glossary
the state of not having a job despite being available; fit and willing to work.
Type: Glossary
difference between the incomes and level of wealth of the richest and the poorest households in...
Type: Glossary
the change in price is exactly the same percentage as the change in the quantity demanded.
Type: Glossary
an amount that has to be added to the balance of payments account to make sure that it balances...
Type: Glossary
workers who have had no formal or on-the-job training; but may become more competent with...
Type: Glossary
the movement of people into towns and cities (urban areas) from rural areas.