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NEGATIVE RELATION: A relation, either a principle or hypothesis, in which an increase one variable is associated with a decrease in the other variable. A negative, or indirect, relation is most commonly illustrated by a downward sloping line. It can also be represented by an equation in which the slope value is negative.
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                           REFERENCE WEEK, CURRENT POPULATION SURVEY: The calendar week (Sunday through Saturday) containing the 12th day of the month, which is used in the Current Population Survey (CPS) as the time period for documenting the employment and labor force status of respondents. The estimation of the unemployment rate and other employment information generated by the CPS are based on activities of survey respondents during this week. The actual survey is conducted by interviewers working for the Bureau of the Census during the calendar week containing the 19th day, which is termed the survey week. In essence, about 1,500 census survey takers set forth bright and early Sunday morning during the survey week to canvas the country side. Over the course of the next seven days, each survey taker conducts a relatively detailed interview with the occupants of about 40 households. The questions that are posed to the occupants inquire about their activities during the previous week, which is the reference week.A complete week is used as the reference period (rather than a month or a day) because a week is long enough to exclude holidays and erratic, random, one-time aberrations, but short enough to give current employment status. It is also an easily defined time period. The survey week immediately follows the reference week to ensure that respondents have an accurate recollection of their employment status. Should too much time pass between the survey week and the reference week, respondents might understandably forget what they did. The reference week always includes the 12th day of the month to maintain consistency, to provide equal reporting periods, and to avoid monthly aberrations. Changing the reference week from month to month, would, at the very least, provide an inconsistent reporting period.
Recommended Citation:REFERENCE WEEK, CURRENT POPULATION SURVEY, AmosWEB Encyclonomic WEB*pedia, http://www.AmosWEB.com, AmosWEB LLC, 2000-2021. [Accessed: January 16, 2021].
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BLUE PLACIDOLA
[What's This?]
Today, you are likely to spend a great deal of time touring the new suburban shopping complex looking to buy either a set of serrated steak knives, with durable plastic handles or a pair of blue silicon oven mitts. Be on the lookout for the happiest person in the room.
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This isn't me! What am I?
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Post WWI induced hyperinflation in German in the early 1900s raised prices by 726 million times from 1918 to 1923.
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"Good humor is a tonic for mind and body. It is the best antidote for anxiety and depression. It is a business asset. It attracts and keeps friends. It lightens human burdens. It is the direct route to serenity and contentment." -- Grenville Kleiser, Author
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MCA
Monetary Control Act of 1980
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