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What is a scientific advance in the power generation industry?
Monetary Stimulus
Economic policy measures undertaken by central banks to increase the money supply and lower interest rates, aimed at boosting economic activity.
High Inflation
A situation where the general level of prices for goods and services rises rapidly over a period of time, eroding purchasing power.
Recession
A period of economic decline across the market, often recognized by a decrease in GDP for two consecutive quarters.
Regulatory Capture
A situation where regulatory agencies are dominated by the industries they are charged with regulating, often leading to decisions that benefit the industry rather than the public interest.
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