| 单词 | unit-free measure |
| 释义 | unit-free measure A variable which is a pure number, independent of the units in which variables such as price or quantity are measured. Examples of unit-free measures are percentages, market shares, and elasticity. Interest rates and growth rates are not unit-free measures, as while they are independent of the units in which prices and quantities are measured, they do depend on the units used to measure time. |
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