Examlex
The purpose of the coding process is to
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.
Opportunity Cost
The price paid for not selecting the next most favorable choice during a decision-making process.
Marginal Productivity
The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.
Tourist Income
Revenue generated by a country or region from visitors who travel there from other areas, spending on accommodations, attractions, and other services.
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