Examlex
A large scholarship is available only to students whose parents are alumni from a certain university. What is reinforced by this criterion for scholarship application?
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Future Profits
Expected financial gains or earnings projected for future periods, considering current business operations and market conditions.
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