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At one time, policymakers interpreted the Phillips curve as offering a menu of inflation-unemployment choices.Today, the curve is no longer viewed this way.Why has the interpretation changed?
Ledger Balance
The total balance of a bank account, calculated at the end of each business day, including all deposits and withdrawals that have been posted to the account.
Lockbox Arrangements
A service provided by banks to process payments quickly by collecting and depositing checks into the company's account on behalf of the company.
Collection of Payments
The process of gathering all monetary amounts owed to an individual or organization by its debtors or customers.
DRIP Payments
Dividend Reinvestment Plan payments, where dividends paid by a corporation are automatically reinvested to purchase more shares of the company's stock.
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