Examlex
Why do only a few absolutes apply to organizational behavior?
Economic Stability
A condition in which an economy experiences steady growth, low inflation, and low unemployment.
Unemployment
The situation where individuals who are capable of working and are actively seeking work remain jobless.
Inflation
Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Ceteris Paribus
A Latin term used in economics to describe the analysis of a condition under the assumption that all other variables remain unchanged.
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