Examlex
One word in each sentence should be omitted or corrected. Write the word that should be omitted or the correction in the blank. The Tempest has real elaborate stage directions.
Economic Fluctuations
Variations in the level of economic activity in an economy over a period of time, including phases of expansion and contraction.
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, characterized by periods of expansion (growth) and contraction (recession).
Recessions
Intervals of provisional economic contraction, during which commerce and industry slow down, often indicated by a dip in GDP across two sequential quarters.
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services produced.
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