Examlex
The issue price of a bond is equal to the present value of all future cash payments discounted at the bond's market rate.
Cyclical Unemployment
A form of unemployment that occurs when there is not enough aggregate demand in the economy to provide jobs for everyone who wants to work.
Unemployment Insurance
A government program that provides financial assistance to unemployed workers who meet certain eligibility requirements.
CPI
Consumer Price Index, a measure indicating the average price level of a basket of goods and services purchased by households, used to estimate inflation.
Base Year
A reference year against which economic or financial data is compared to measure economic performance or inflation.
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