Examlex
If you did not have which of the following you would recall countless scraps of unimportant information, such as the ingredients on your cereal box and every street number you have ever seen?
Stagflation
An economic situation characterized by prolonged high inflation combined with high unemployment and stagnant demand in a country's economy.
Depression
A severe and prolonged downturn in economic activity, characterized by significant decline in gross domestic product, high unemployment, reduced consumer spending, and deflation.
Inflation
The rate of increase in the average cost of goods and services, which results in a decrease in the value of money.
President Eisenhower
Dwight D. Eisenhower, the 34th President of the United States, who served from 1953 to 1961 and was known for his role in ending the Korean War and promoting infrastructure development.
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