Examlex
The organization created by the Pendleton Act to administer entrance exams for the federal civil service and set standards for promotion based on merit is known as the
Current
Relevant to the present time or most recent; also, a flow of electricity or the flow of water in a river or sea.
Misery Index
An economic indicator created by adding the unemployment rate to the inflation rate, intended to measure economic discomfort.
Year
A period of time equal to 365 days, or 366 in leap years, used for calculating time in calendar terms.
Recession
An interim period of economic fallback, where there’s a noticeable dip in commercial and industrial outputs, customarily marked by a decrease in GDP in two successive quarters.
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