Tag: Gross Domestic Product

Demonetization is a process in which a particular currency note or coin is withdrawn from circulation and is no longer considered as a legal tender. …

IS-LM Model is a macroeconomic tool that is used to explain the relationship between the interest rates and real output in the economy. It was …

Value of Money is an important concept in microeconomics. It refers to the amount of goods and services that can be purchased with a given …

Recessionary Trends refer to the declining phase of the business cycle in which the economy experiences a period of reduced economic activity, falling levels of …

Reflation refers to a deliberate economic policy of increasing the money supply and/or reducing taxes and interest rates to stimulate aggregate demand and promote economic …

The acceleration principle is an economic theory that explains the relationship between changes in the level of demand and the level of investment. According to …

Multiplier is a concept in macroeconomics that refers to the phenomenon where an increase in autonomous spending (i.e. spending that is independent of changes in …

In economics, savings refers to the portion of income that is not spent on consumption but is instead set aside for future use. Savings can …