Examlex
Misclassification is best explained through the statistical analysis rather than being assessed and explicated by the knowledge and intuition of the researcher.
Productivity Rate
Measures the efficiency of production in an economy, often calculated as total output per unit of input, such as labor, over a specific period of time.
Current Account Deficit
A measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.
U.S. Dollars
The official currency of the United States, widely used as a benchmark and reserve currency globally.
Trade Deficit
Occurs when a country's imports exceed its exports during a specific period, indicating a negative balance of trade.