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MY FINANCE DICTIONARY
Economics and Markets
Exchange
It is a market where stocks and investment instruments are bought and sold.
Foreign currency
These are foreign currencies; such as the dollar, euro, and pound sterling.
Rate
It is the value of one currency against another.
Inflation
It is the general rise in prices.
Deflation
It is a general decrease in prices.
Recession
It is a period of economic contraction; a time when unemployment increases.
Supply and demand
It is the relationship between the quantity of goods and buyer demand.
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