Search results for keyword: deflation
Kassel Business Cycle Theory
Kondratieff Cycle Theory
Kondratieff Cycle Theory is a long-term economic cycle theory developed by the Russian economist Nikolai Kondratieff. Kondratieffs main objective was to explain economic cycles, which he defined as long-term economic fluctuations. Kondratieff created a model of economic de......
07/07/2023 
1052 
Ethan
keynesian revolution
The Cause and Effect of the Keynesian Revolution
John Maynard Keynes’s Monetary Theory of Employment, which was published in 1936, revolutionized economics. Keynes sought to address the problems of economic depression, doubts about the effectiveness of government action, and the understanding of......
Kondratieff Cycle Theory
Kondratiev-Cycle Theory
Kondratiev-Cycle Theory is an economic theory proposed by Nikolai Kondratiev (1892-1938), a Russian economist. The theory hypothesizes that the capitalist economy, while it goes through a series of long-term cycles, has certain tendencies to grow and decline.
Essentially,......
Financial special account of social security fund
The Fund of Social Security
Social Security is a state-administered social welfare fund established by the United States federal government. It provides benefits to retirees, survivors of deceased workers, and the disabled. Under the Social Security Act of 1935, Social Security is funded by taxes p......
liquidity trap
Recession and Liquidity Trap: An Overview
Introduction
Recessions are periods of economic contraction. During recessions, GDP falls, unemployment rises, and economic activity generally decreases, leading to a period of economic hardship and hardship for individuals, businesses, and governments.......
Liquidity stagnation
Liquidity Trap
What is a liquidity trap? It is a situation in which an economy experiences a very low level of interest rates, making it difficult to stimulate further economic growth. In this situation, people refrain from spending and investing, in spite of the low levels of interest rates. Thi......
Marx's Theory of Necessary Quantity of Money
Karl Marxs Theory of Money Necessity
Karl Marx developed an influential economic theory known as the theory of money necessity. In this theory, money functions as an intermediary in exchanges between commodities, labor, and goods. Many sociologists and economists view Marx as one of the progenito......
General Price Level Accounting
General Price Level Accounting
Price level accounting refers to a technique of adjusting financial statements for changes in the general price level. It is based on the economic principle of purchasing power parity, which states that a unit of currency should buy the same quantity of goods and se......
Managed floating exchange rate regime
Floating Exchange Rate System
Since 1973, floating exchange rates have become the mainstay of the international monetary system. In a floating exchange rate system, or “floats”, exchange rates are determined by supply and demand factors in the foreign exchange market. The value of the currency ......
precautionary money demand
Preventive Currency Demand
Economists have been using the concept of currency demand for a long time. Currency demand is defined as the amount of money people in an economy choose to hold in the form of money. This concept is important because it can affect the rate of inflation and economic acti......
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