Examlex
The yield on an investment is the discount rate that produces a present value of benefits greater than the cost of the investment.
Unlimited Wants
The economic concept that humans have a never-ending series of desires that cannot be fully satisfied.
Resources
The assets, materials, and inputs used by individuals or societies to produce goods and services.
Skilled Labor
Workers who have specialized skills, training, or education that allow them to perform complex job tasks effectively.
Severe Recession
A period of significant economic decline that is longer and more destructive than a standard recession, often characterized by high unemployment, falling prices, and low levels of production and investment.
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