What term describes the continued existence of an issue like unemployment despite the elimination of its original causes?

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Explanation

Hysteresis refers to the situation where a condition, such as unemployment, persists even after the factors that caused it have been removed. This distinguishes it from concepts like the fallacy of composition, negative entropy, or the assumption of ceteris paribus.

What term describes the continued existence of an is… — Roots of Modern Macroeconomics | PakQuizHub