Examlex
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Cost of Living
An economic concept that estimates the amount needed to cover basic expenses in a particular place and time period.
Future Income
Expected earnings or revenue streams in the coming periods, often factored into financial planning and investment decisions.
Credit Cards
Financial instruments issued by banks and other financial institutions that allow users to borrow funds to pay for goods and services with the promise to repay the borrowed amount along with possible interest.
M1
A category of the money supply that includes all physical money like coins and currency along with demand deposits and other liquid assets held by the central bank.
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