Examlex
The newscast cited forecasts that national output might continue to fall in the future. If total output shows decline for two consecutive quarters, economists would classify this as a ________.
Cancellation
The act of formally terminating or calling off a previously arranged event, agreement, or policy.
Destruction
The act of causing so much damage to something that it is beyond repair or no longer exists.
Obligation
A duty or commitment to act or perform in a certain way, often legally or socially binding.
Material Alteration
A significant change that modifies the nature or terms of a document or agreement, potentially affecting its legal obligations or rights.
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