SUPPRESSED INFLATION Definition

SUPPRESSED INFLATION means that a situation exists in which prices would rise -- if government regulations did not establish artificial limits on prices, wages, etc.

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TEST COUNT, in inventory audits, is where a test count is inventory counted by the auditors to check the client's count.

SYSTEMATIC RISK is the risk that is common to all risky securities and cannot be eliminated through diversification. When using the capital asset pricing model, systematic risk is measured by beta.

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