Examlex
What are some of the factors that enhance the power of the courts, and what are some of the ways judicial power can be restricted? Explain.
Real Interest Rate
The interest rate expressed in dollars of constant purchasing power as a percentage of the amount loaned; the nominal interest rate minus the inflation rate.
Hidden Unemployment
Unemployment that includes individuals who have stopped looking for work or those who are underemployed, not fully reflected in official unemployment statistics.
Unemployment Compensation
Financial payments made to individuals who have lost their job until they find new employment, typically administered by government agencies.
Part Time
Employment with fewer hours per week compared to full-time jobs, often offering less benefits and lower pay.
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