Payback is a strategy used in various investment and business settings to recover as much of the original capital investment as possible. It involves selling replaced equipment for as close to the original purchase price as possible, selecting options likely to increase in value over time, and managing retirement funds to ensure the value never […]
A recovery period follows a recession, defined as a decline of up to 10% in GDP, until the economy returns to pre-recession levels. GDP can be calculated in three ways and is used to compare a country’s production. Recovery periods are characterized by increased commodity production, spending, and investment, and a reduction in unemployment. The […]
