CB Functions, Central Banking, Macroeconomics
By: Valeria Popa How did central banks appear? The European Central Bank, the Federal Reserve Bank, the Bank of England and the Reserve Bank of New Zealand are just a few examples of central banks which make the subject of the most widely read financial newspapers...
Consumer Price Index (CPI), Inflation, Macroeconomics
In previous articles you have learned about macroeconomic indicator like GDP which is highly important for understanding business cycles and economic performances and GNI which can offer a perspective on the living standards of a country’s residents. We are now going...
Consumer Price Index (CPI), Inflation, Macroeconomics
Valeria Popa In previous articles you have learned about macroeconomic indicator like GDP which is highly important for understanding business cycles and economic performances and GNI which can offer a perspective on the living standards of a country’s residents. We...
Gross Domestic Product (GDP), Macroeconomics, Nominal, Real & GDP Deflator
Nominal GDP As defined through the production approach, GDP represents the total value of goods and services produced within the borders of a country, during one year period. If this value is expressed in current prices, we have nominal GDP. However, using nominal GDP...
Deflation Vs Disinflation, Inflation, Macroeconomics
Deflation and Disinflation are not the same. Although they all show the behavior of Price level but They are different in their direction and change in the Rate of Price Level. Deflation means an opposite to Inflation Or Falling Price (just like we have rising prices...
Inflation, Macroeconomics
One of most common yet very very important topic of Macroeconomics which is also considered to be one of the fundamental economic issue that is “INFLATION”. A general definition of Inflation is Inflation is a rise in the general Price Level Remember, Inflation is not...
