Over the last year, there has been lots of really interesting economics vocabulary in the news. For example, before the recent recession, most people probably wouldn’t have known what a sub-prime mortgage or credit crunch was.
I spotted this headline on the Economist website this weekend:
Double-dip drama
A ‘double-dip’ is when a market falls in value, rises a little, then falls again. On a graph, the low points are the two dips.
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