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Booming Economy
An economic state characterized by significant growth, increased employment, and rising consumer confidence and spending.
Recessionary Economy
An economy experiencing a significant decline in activity across the economy, lasting longer than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Stock
A form of investment that indicates one has a stake in a company and entails a portion of the company's assets and profits.
Expected Rate of Return
The profit or loss that an investor anticipates on an investment, expressed as a percentage of the investment’s cost.
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