Examlex
"Because resources are scarce, the production of more capital goods means that fewer resources are available to produce consumption goods, so there is less current consumption." Do you agree or disagree? Explain.
Automobile Industry
A sector of the economy focused on the manufacturing, design, marketing, and selling of motor vehicles.
Unemployment Rate
The share of the labor market that is unemployed and searching for a job actively.
Structural Unemployment
Joblessness caused by the restructuring of industries, often as a result of advancements in technology, rather than variations in market supply or demand.
Newspapers
Publications that contain written information on current events, features, and advertisements, often published daily or weekly.
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