Examlex
Explain what is meant by the terms "labor force," "unemployment rate," and "labor force participation rate."
Interest Rate
The percentage of a loan that is applied as interest for the borrower, usually shown as an annual rate.
Account
A record summarizing all the transactions pertaining to a particular item in the financial statements.
Annual Rate
The interest rate stated on a yearly basis, often used in the context of savings accounts, loans, or investments to represent the yearly cost or return.
Return
The fiscal upwards or downwards movement in the value of an investment over a defined period, portrayed as a percentage of the investment’s beginning expense.
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