Examlex
Summarize the distinction between jails and prisons, and indicate the importance of jails in the American correctional system.
Labor Productivity
Labor productivity measures the output of goods and services per unit of labor input, indicating the efficiency and effectiveness of the workforce.
Elasticity Coefficient
A measure of how much the quantity demanded or supplied of a good responds to a change in price, income, or other variables.
Inelastic
A situation where the demand or supply of a good or service is not significantly affected by changes in price.
Fastest-growing
Describes entities, sectors, or economies that are increasing in size, value, or importance at a more rapid pace than others within the same category.
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