Examlex
If a person were stranded for two days with virtually no drinking water, you would expect the following to occur.
Employment
A relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.
Unemployment Rate
The demographic of the labor force that is without employment but actively hunting for work.
Capacity Utilization
A measure of how fully an economy's productive capacity is used, typically expressed as a percentage of total potential output.
Production Possibilities Frontier
An economic model that depicts the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.
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