Examlex
Discuss the advantages and disadvantages of using chemical fertilizers such as nitrates and phosphates.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
Current Account
A country's transactions with the rest of the world, covering trade in goods and services, net earnings on investments, and net transfer payments.
Great Recession
A severe global economic downturn that occurred from late 2007 through mid-2009, marked by significant declines in income and employment.
Absolute Terms
Expressions or measures that are unconditional and not relative to other variables or comparisons.
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