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What is the main difference between the information-processing view and the traditional view of intelligence?
Labor Surplus
A situation in which the supply of workers exceeds the demand for labor, leading to unemployment or underemployment.
Labor Surplus
A situation where the supply of labor exceeds the demand for labor, often leading to unemployment or underemployment.
Natural Attrition
The process of reducing the workforce through voluntary means, such as retirement or resignation, rather than layoffs or firings.
Transitional Matrix
A matrix used to describe the transitions between states in stochastic processes, often used in economics and statistics.
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