A Ratio Expresses a Relation Between Two Amounts and Can

question 54

True/False

A ratio expresses a relation between two amounts and can be expressed as a percent,rate,or proportion.

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Definitions:

Educated Labor Force

Individuals within the workforce who have achieved a certain level of education, thereby possessing skills and competencies that contribute to higher productivity and innovation.

Industrial Market Countries

Economically advanced capitalist countries of Western Europe, North America, Australia, New Zealand, and Japan; also known as developed countries and high-income economies.

World Population

The total number of living humans on Earth at a given time, a figure that has been subject to rapid growth over the last century.

World's Output

The total production of goods and services by all countries around the globe over a specific time period.