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Common stockholders are considered to be the residual owners of the company.
A W Phillips
An economist known for the Phillips Curve, which suggests an inverse relationship between unemployment and inflation rates.
Unemployment Rate
The quota of the working-age population that is without a job and searching for one.
Rate Of Change
A measure that determines the extent to which a quantity grows or declines over a particular period of time, often expressed as a percentage.
Economic Expansions
Phases in the business cycle where the economy grows, marked by increased production, employment, and consumer spending.
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