Examlex
Match each scheduling abbreviation with its meaning.
-Referral
Interest Rate
The percentage of an amount of money charged for its use, indicating the cost of borrowing money or the return on invested savings.
Savings Exceeds Investment
A situation in which the amount saved by households or organisations is greater than the amount being invested within the economy.
Recession
A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, real income, employment, industrial production, and wholesale-retail sales.
Interest Rate
The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, over a specific period.
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