Examlex
What analyzes unstructured data to find trends and patterns in words and sentences?
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (income, expenditure, or asset), represented as a percentage.
Proportional
Characterized by or corresponding in size, degree, or intensity according to a fixed ratio or relationship.
Price Elasticity
A measure indicating how much the quantity demanded of a good responds to a change in its price, often illustrating the sensitivity of demand to price changes.
Relatively Elastic
Characterizes a situation where the quantity demanded of a good or service changes significantly due to a small change in price.
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