Examlex
In accounting,to recognize means to record a transaction or event.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, income, employment, and other indicators.
Investment
The allocation of resources, such as capital or time, into something with the expectation of generating income or profit in the future.
Consumption
The action of using goods and services for personal needs or wants.
Annual Variations
Fluctuations in economic indicators or values that occur on a yearly basis due to various factors such as seasonal patterns or cyclical trends.
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