Examlex
Generalist species are more prone to extinction when environmental changes change rapidly than specialist species.
Total Spending
The sum of all expenditures made by consumers, businesses, and the government within an economy over a specific period.
Riskier Loans
Loans that carry a higher chance of default compared to standard loans, often resulting in higher interest rates to compensate for the increased risk.
Tax-Exempt
A status of financial or material exemption from the requirement to pay taxes granted by government authorities.
Present Value
The now-value of a later financial sum or succession of monetary flows, using a determined rate of return as the basis for calculation.
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