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Tip of the Day

Tip of the Day Plan

Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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Recession

Definition:  A period in which the economy is in an overall decline.  The technical definition is at least 2 quarters of negative growth in GDP.

TeenAnalyst Advice: Recessions are never fun to go through.  These are periods of rising unemployment and falling stock prices.  However, they're part of normal business cycles and the economy always comes out of them.

The government can take steps to improve the economy by lowering interest rates, which makes people want to spend more.

 

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A recession is a reduce of fewer than ten% in a countryâs nasty Domestic Product (GDP). The reduce must last for more than one successive part of a year.

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Definition of the Day Price Leadership

Price Leadership – Whenever a key market leader takes and set the tone, pace and price, markets are left to catch up, competitors having to lower, adjust, raise their prices accordingly in the name of competition. Then markets (and pricing), will shift, move and respond. Such management, control, direction and...

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