Examlex
What is a product? Provide an example of each type of product.
Longest Expansion
A period characterized by sustained economic growth and expansion, often measured by GDP growth, without a recession.
World War II
A global conflict that occurred from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.
Disinflation
A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services increase.
Rate of Inflation
The rise in the average cost of goods and services across an economy over a specific period.
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