Examlex
If an investment's internal rate of return is higher than the required rate of return,the company should reject the investment.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, visible in GDP, real income, employment, industrial production, and wholesale-retail sales.
Budget Deficit
The situation in which a government's expenditures exceed its revenues, leading to borrowing or currency issuance.
Taxes
Compulsory contributions to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.
Automatic Stabilizers
Economic policies and programs, like unemployment benefits and progressive taxation, that automatically help stabilize an economy by decreasing the effects of economic fluctuations.
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