Examlex
Bandwidth is stated in ________ per second.
Nominal Income
The total amount of money earned by an individual or entity before adjustments for inflation or deflation.
Leading Economic Indicators
Variables that predict, or lead to, a recession or recovery; examples include consumer confidence, stock market prices, business investment, and big-ticket purchases, such as automobiles and homes.
Business Cycle
The natural fluctuation of the economy between periods of expansion (growth) and contraction (recession).
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, often measured by a price index.
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