Examlex
When productivity increases,businesses can pay higher wages without boosting inflation.
Discount Rate
The interest rate used to discount future cash flows to their present value, reflecting the opportunity cost of capital.
Tax Credit
An amount that taxpayers can subtract directly from taxes owed to their government.
Forecast Error
Forecast error is the difference between the actual value and the predicted value in a forecast, indicating the accuracy of forecasting models.
IRR
Internal Rate of Return, a financial metric used to evaluate the profitability of potential investments.
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