Examlex
In a Just in Time (JIT) inventory system:
Federal Budget Deficit
The financial situation that occurs when a government's expenditures exceed its revenues in a fiscal year.
Unemployment Rate
The share of the labor force that has no current job but is in the process of looking for one actively.
Computerization
The process of applying computer technology to automate tasks, processes, or functions in various fields.
Inflation Rate
The frequency at which the universal cost for goods and services climbs, consequently eroding purchasing efficacy.
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