Examlex
The ________ is a measurement found by multiplying the average time and the rating factor.
Recessionary Phase
A period in the business cycle where the economy is contracting, leading to reduced economic activity and increased unemployment.
Prosperity Phase
A period during an economic cycle characterized by high economic growth, employment, and consumer spending.
Recession Phase
An interval of economic downturn where commercial and manufacturing operations decrease, commonly indicated by two successive quarters of falling GDP.
Disinflation
A slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time.
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