Economic Flashcards

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1
Q

Credit crunch

A

economicconditionsthat makefinancialorganizationslesswillingtolendmoney, oftencausingseriouseconomicproblems
Ex: credit crunch occurred back in 2008

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2
Q

Six-figures

A

a number that is 100,000 or more, especially an amount of money
Ex: I got promoted and earned six-figure salary

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