Examlex
When +1.645 is used as the critical value instead of ±1.96,
Unemployment
The condition of being without a job, while actively searching for employment.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs.
Resources
The total means available for economic and political development, such as minerals, labor force, and finances.
Fully Employs
A state of the economy in which all available labor resources are being used in the most efficient way.
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