Examlex
A correlation coefficient is a unitless measure of the linear relationship between two random variables.
Full Employment
An economic situation in which all available labor resources are being used in the most efficient way possible, often characterized by the absence of cyclical unemployment.
Technology Level
A measure of the degree of sophistication and advancement of a society's tools, techniques, and methods of production.
Instability
The condition of being prone to change or fluctuation, often in a way that is unpredictable or potentially harmful.
Factors Efficiently
refers to the optimal allocation and utilization of resources in production to maximize output without wasting resources.
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