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Glossary > Economy > hard landing

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guaranteed wage

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hard landing

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Head and Shoulders

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head and shoulders pattern

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hard landing

definition

A rapid move from economic expansion to recession brought about by an overly restrictive monetary policy.

Related Terms

• soft landing

Popular Economy Terms

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ISM Manufacturing Report on Business

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free market system

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Gross Domestic Product (GDP)

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balance of payments (BOP)

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supply and demand

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Consumer Price Index (CPI)

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international trade deficit

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