Examlex
Comments do NOT affect the function of a macro.
Recession
A recession is a period of economic decline across a broad spectrum of the economy lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Government
The system or group of people governing an organized community, often a state.
Active Approach
A strategy or policy that involves direct intervention or action, often by the government or an organization, to achieve a specific goal.
Passive Approach
An investment strategy that involves minimal buying and selling actions, often associated with index fund investing.
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