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Why Is Forecasting GDP Over the Long Term So Difficult

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Why is forecasting GDP over the long term so difficult?


Definitions:

Financial Resources

Financial resources represent the funds a business has available for use in its operations, including cash, investments, and lines of credit.

Startup

A young company founded to develop a unique product or service and bring it to market.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and efficiency of a business.

McCormick

A global leader in flavor, offering a wide range of spices, seasoning mixes, condiments, and other flavorful products.

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