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Explain the origin of tidal forces on Earth due to the Moon.
Economic Expansion
A phase of the business cycle where the economy grows and increases in activity, marked by rising GDP, employment, and income.
EBIT
Earnings Before Interest and Taxes; a measure of a firm's profitability that includes all expenses except interest and income tax expenses.
Unlevered Firm
A company that operates without any debt financing, relying solely on equity for its financing needs.
Levered
Pertaining to the use of borrowed capital or debt to increase the potential return of an investment.
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