Examlex
Career counseling session is an example of a pure service on the goods-services continuum.
Forward Rate
A term in finance that refers to the future interest rate agreed upon in a forward contract, or the rate used to discount a future financial transaction.
Stock Market
A public market for buying and selling company stock and derivatives at an agreed price; it is a key indicator of the health of an economy.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period, used as a broad measure of economic performance.
Risk-Free Rate
The theoretical rate of return of an investment with zero risk, often represented by the yield on government securities such as U.S. Treasury bills.
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