Examlex
Gregory bought 500 shares of stock at a price of $60 per share.He later sold his stock at a price of $56.What was his total return on his investment?
Recession
A significant decline in economic activity across the economy, lasting longer than a few months, typically visible in GDP, real income, employment, and other indicators.
Prosperity
A state of economic growth and success, often characterized by financial wealth, high living standards, and an overall well-being.
Recovery
A phase in the economic cycle where output and employment grow following a recession.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a given year, reflecting the true economic output.
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