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Stagflation results from continued decreases in aggregate demand.
General Journal
A primary accounting record used to record all types of transactions not specifically assigned to another journal.
Sales Discount
A reduction given by a seller for prompt payment of a credit sale.
Cash Receipts Journal
A specialized accounting journal used to keep track of all cash inflows or receipts from various sources.
Entry
A record in an account that documents a financial transaction in bookkeeping.
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