Examlex
What defines the depth of recursion?
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Cash
Physical currency such as coins and banknotes or the equivalent in bank balances that can be immediately accessible.
Book Cash
The amount of cash on hand as recorded in the financial records of a company.
Bank Cash
Bank Cash refers to the liquid assets held by a financial institution that is readily available for transactions and immediate withdrawal.
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