Examlex
Engaging itself in a swap contract,a firm might agree to make a series of regular payments in one currency in return for receiving a series of payments in another currency.
Full Employment GDP
The level of GDP produced when the economy is utilizing all available resources, including labor, at the maximum sustainable rate without causing inflation.
Recessionary Gap
A situation where the real Gross Domestic Product (GDP) is lower than the potential GDP, indicating underutilization of resources.
Multiplier
In economics, a factor by which an initial change in spending leads to a greater change in income and overall economic activity.
National Debt
The total amount of money that a country's government has borrowed, typically through issuing securities.
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