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Recession: Two consecutive quarters of decline in the country's GDP
Depression: 4 consecutive quarters of decline in country's GDP
Inflation: The rate at which the prices of goods and other essential commodities are increasing every year
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Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
List and define the costs of high inflation economy?
noo
How do you define grade inflation?
Grade inflation is the increase over time of academic grades, faster than any real increase in standards.
Define recession recovery and expansion?
Recession- A significant decline in activity regarding the economy. A recession usually declines such matters as employment, industrial production, real income, and wholesale-retail trade. A recession is measured in two consecutive terms of negative economic growth by the country's gross domestic product. Recovery- The period, after a recession, of growth due primarily to the utilization of economic capacity which became idle during the recession. Expansion- The period of economic growth after a recovery in which the increase of GDP is due to increases of productivity and addition of new economic capacity, rather than utilization of idle capacity.
Define the natural rate of employment?
The natural rate of unemployment is the rate which occurs when inflation is correctly anticipated. This level of unemployment occurs when the labour market is in equilibrium.
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
How inflation can be define in easy way?
Inflation can be defined as shortage of some thing like goods etc.
List and define the costs of high inflation economy?
noo
How do you define grade inflation?
Grade inflation is the increase over time of academic grades, faster than any real increase in standards.
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
What is the current inflation rate for Ohio?
Define the parameters of "current". Annual, weekly, daily?
Define recession recovery and expansion?
Recession- A significant decline in activity regarding the economy. A recession usually declines such matters as employment, industrial production, real income, and wholesale-retail trade. A recession is measured in two consecutive terms of negative economic growth by the country's gross domestic product. Recovery- The period, after a recession, of growth due primarily to the utilization of economic capacity which became idle during the recession. Expansion- The period of economic growth after a recovery in which the increase of GDP is due to increases of productivity and addition of new economic capacity, rather than utilization of idle capacity.
Define Bi polar with narcissistic traits?
Bipolar disorder is a mental health condition characterized by extreme mood swings between manic and depressive episodes. Narcissistic traits refer to having an inflated sense of self-importance, a constant need for admiration, and a lack of empathy for others. When someone has both bipolar disorder and narcissistic traits, they may exhibit grandiosity and impulsivity during manic episodes, and lack empathy and exhibit manipulative behavior during both manic and depressive episodes.
Define the natural rate of employment?
The natural rate of unemployment is the rate which occurs when inflation is correctly anticipated. This level of unemployment occurs when the labour market is in equilibrium.
What is the difference between price level and the rate of inflation in an economy?
The price level is a measure of the average price in an economy and is measured at a point in time.. The rate of inflation is the rate of change of the price level over time. Strictly speaking, economists define inflation as a continued increase in the price level as opposed to a one time price level adjustment.
How do you define exhilaration?
Elation is a feeling of joy or pride, as opposed to and the opposite of depression.
What is the name of an album from underoath?
Act Of Depression Cries Of The Past The Changing Of Times They're Only Chasing Safety Define The Great Line Lost In The Sound Of Separation
