CHỦĐỀ: KINH TẾ (ANH-VIỆT) by Loan Nguyen

Nguyễn Thị Loan

nguyenloank48 — 2024-11-04 16:05:47 UTC

Recession /rɪˈseʃ.ən/: a period when the economy of a country is not successful and conditions for business are bad

Example: For the second time in ten years, the government has driven the economy into deep and damaging recession.

2024-11-04 16:10:03 UTC

Equilibrium /ˌek.wɪˈlɪb.ri.əm/: a state in which opposing forces or influences are balanced

eg: "I stumbled over a rock and recovered my equilibrium"

vtmthuy68 — 2024-11-05 03:13:07 UTC

inflation (n): a situation in country’s economy where prices and wages keep forcing each other to increase

e.g: Inflation has risen to 3.5%.

2024-11-05 15:37:51 UTC

Hyperinflation(n): /ˌhaɪ.pə.rɪnˈfleɪʃ.ən/

E.g: In the presence of hyperinflation, currency substitution may have positive effects.