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A concurrent validation assesses the validity of a test by administering it to people already on the job and then correlating test scores with existing measures of each person's performance.
Increased-Domestic-Employment
A situation where the number of jobs within a country rises, often as a result of economic growth or policies.
Net Exports
The value of a country's total exports minus the value of its total imports; it can be a positive number (trade surplus) or a negative number (trade deficit).
Wage Rates
The standardized amount of payment given to employees for their services, usually expressed per hour or per annum.
Labor Productivity
The quantity of goods and services that a worker produces in a given amount of time.
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