Examlex
Duration of life beyond the normal expectation is called:
Inflation
The velocity at which the broad price tags for products and services surge, weakening the power to purchase.
Cyclical Unemployment
Unemployment that results from economic downturns or recessions, reflecting a lack of demand for goods and services.
Steel Industry
A sector of the economy that produces steel, a key material used in construction, transportation, and manufacturing.
Index of Leading Indicators
A composite statistic of several economic indicators that predict future economic activity and health.
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