The principle of effective demand below basically tells us why inflation will not fall to single digits in many developing countries. Y = C + I...
Sometimes knowing what not to do rather than trying to find out "what to do" makes a remedy stronger. Since fuelling the economy, on the...
The Fed’s preferred inflation measure rose 2.8% in March from a year ago. This is the core personal consumption expenditures price index, excluding food and...
The main central banks have been deliberating on the concept of introducing a digital currency. However, many citizens fail to grasp the rationale behind it...
A single equation is not sufficient to describe an economy. Because an economy has many equations, and every economy has its own dynamics. The knowledge taught...
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