Examlex
Match each term with its description or definition.
-Informal term used to describe the response of the body to sympathetic nervous system stimulation
Recession
A spell of economic retrenchment characterized by a reduction in manufacturing and trade activities, typically signified by two successive quarters of GDP decline.
Inflation
How quickly the average cost of goods and services goes up, resulting in a decrease in the ability to purchase.
Economic Growth
A rise in the output of goods and services in an economy over a certain period, frequently assessed using GDP.
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues within a given fiscal year.
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