Examlex
The data on grades (A, B, C, and D) scored by all students in a test is an example of
Short Term
Typically refers to a time frame of up to one year, used to describe periods, financial instruments, or investments with brief durations.
Long Term
Referring to an extended period, often implying a duration that affects future conditions or outcomes.
Structural Unemployment
A form of unemployment that arises from a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or market shifts.
Frictional Unemployment
Unemployment that occurs when people are between jobs or are entering the labor force for the first time.
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