Examlex
State whether you think that the variables have strong positive correlation, weak positive correlation, strong negativecorrelation, weak negative correlation, or no correlation.
-Height and body temperature of adults.
Full Employment GDP
The output level of goods and services at which the economy's labor force is fully employed, indicating an optimal level of production without excessive inflation.
Inflationary Gap
A situation where the total demand in an economy exceeds the total supply, leading to an increase in the general price level or inflation.
Depression
A prolonged period of significant economic downturn characterized by a substantial decline in output and employment, usually more severe than a recession.
Federal Budget
An annual statement of the United States government's expenditures and revenues, detailing the allocation of resources among various federal agencies and programs.
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