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What Is Inflation?

What Is Inflation?

Dissecting Inflation: What is It, and Why Does it Happen? Does it feel like you’re getting less bang for your buck as the years go on? One day you randomly find yourself thinking, “When did things get so expensive?”. That, my friends, is what we call inflation. It’s not a very happy thing to know…

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What Is a Recession and Depression?

What Is a Recession and Depression?

What Is a Recession and Depression? When economic activity takes a dive that lasts for months or possibly years, that is called a recession. An economic depression is a situation that is more serious. Let’s explore this subject more.    A Recession Explained When any country records negative figures in its Gross Domestic Product (GDP),…

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