Examlex
Correlations may be included within a descriptive study.
Minimum Wage
The lowest legal salary that employers can pay workers, set by government policy to ensure a minimum standard of living for employees.
Unemployment
The state of being without a job despite actively looking for employment, often measured by the unemployment rate, which is the percentage of the labor force that is jobless.
Theory
A systematic ideology or framework that explains phenomena, based on a significant body of evidence.
Gini Coefficient
The Gini Coefficient measures income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).
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