Examlex
The Taguchi method provides a method for adjusting the mean of a process by optimizing controllable variables.
Full Employment
When a society’s resources are all being used with maximum efficiency.
Monetarists
Monetarists believe in controlling the supply of money as a method for regulating the economy and combating inflation.
National Income
A measure of the total value of all goods and services produced by a country over a specific period, typically adjusted for net income from foreign investments.
Money
A medium of exchange that facilitates the sale, purchase, or trade of goods and services, acting as a unit of account, a store of value, and a standard of deferred payment.
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