Examlex
What region has the highest percentage of the labor force in agriculture?
Reality
The actual condition of affairs, in contrast to a theoretical or imaginary version of them.
Good Theory
A well-substantiated explanation of some aspect of the economic world that can predict outcomes and withstand empirical testing.
Forecasting Ability
The capability to predict future trends, events, or behaviors based on past and current data.
Complex Reality
The concept that reality is composed of many interacting components that can be difficult to fully understand or predict.
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