Examlex
In a research report,the notation p < .05 indicates that the probability of a Type I error is less than .05.
Labor Force
The total number of people who are employed and unemployed but seeking work within an economy.
Price Level
The overall cost of goods and services expressed as an index, which helps to compare different periods' economic conditions.
Long-Run Aggregate Supply
The total amount of goods and services produced in an economy at full employment, unaffected by price levels in the long term.
Nominal Wage
The wage that is paid to workers in current dollars, without adjustment for inflation.
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