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Briefly explain the process of hydraulic fracturing (fracking)and its practice in Canada.
Inflation
The frequency at which the overall cost of goods and services elevates, depreciating the purchasing power.
Cost-Of-Living Adjustment
An increase in income or benefits to compensate for a rise in the prices of goods and services, maintaining the purchasing power.
Employment Contract
A formal agreement between an employer and an employee outlining the terms of employment, including responsibilities, compensation, and duration.
Loanable Funds
The money available in the financial system for lending to individuals, businesses, and the government.
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