Examlex
In situations when your company was at fault,it is always best to be honest and tell the complainant the name of the person in your company who is to blame.Customers are always happy to know who specifically is to blame and always appreciate honesty.
Inflation
How quickly the average cost of goods and services goes up, resulting in a decrease in the ability to purchase.
Economic Growth
A rise in the output of goods and services in an economy over a certain period, frequently assessed using GDP.
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues within a given fiscal year.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
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