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The null hypothesis in the F-test is that there is a linear relationship between the X and Y variables.
Secondary Labour Market
A segment of the job market characterized by low-paying, insecure, non-unionized, and often part-time or temporary work, frequently contrasted with more stable and better-compensated primary employment.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, often leading to the interconnectedness of world economies and cultures.
Corporations
Legal entities that are distinct from their owners, providing them with limited liability, and are created to conduct business.
Oligopoly
A market structure in which a few firms dominate the industry, leading to limited competition and potentially higher prices for consumers.
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