Examlex
A director can be held responsible for unpaid taxes, wages, and environmental harm.
Long-Term Growth
Refers to the sustained increase in the productive capacity of an economy over a significant period of time, typically years or decades.
Recessionary Period
A time characterized by economic decline across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Inflation
A general increase in prices and fall in the purchasing value of money.
Inventories
Producers’ stocks of finished and in-process goods.
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