Examlex
Making sure the method of data gathering leads to consistent results is referred to as ______.
Hybrid Cars
Vehicles that utilize a combination of at least one electric motor along with a gasoline engine to propel the vehicle, offering improved fuel efficiency and reduced emissions compared to conventional vehicles.
Production Possibility Frontier
A graph that shows the highest possible production levels for two different products, using specific resources.
Opportunity Costs
The cost of forgoing the next best alternative when making a decision, representing the potential benefits missed.
Inward
Often used in economics to describe movements towards the center of an economic system, such as inward investment, referring to investment in domestic resources from foreign entities.
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