Examlex
The spot price on cocoa is $3,840 a ton. The futures price is $3,450 a ton. The basis is ________ and the market is a(n) ________ market.
Empirical
Concentrates on, is related to, or can be substantiated through empirical observation or personal experience rather than through theoretical speculation or pure logical analysis.
Systematic Observation
The methodical and structured observation and recording of behavior or phenomena in natural or controlled conditions.
Psychotherapy
A therapeutic treatment approach primarily based on verbal communication, aimed at improving mental health.
Psychiatrists
Medical doctors specializing in the diagnosis, treatment, and prevention of mental illnesses, capable of prescribing medication.
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