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Economics
basics of economics
Industry: Economy
Add a new termContributors in Economics
Economics
Fiscal policy
Economy; Economics
The use of government taxing and spending powers to affect the behaviour of the economy.
Goals of monetary policy
Economy; Economics
It maintains the value of the coinage, print notes which would trade at par to specie, and prevent coins from leaving circulation.
Tools of monetary policy
Economy; Economics
It contains monetary base, interest rates, reserve requirments, and discount window lending.
Interest rates
Economy; Economics
The rate at which interest is paid by a borrower for the use of money that they borrow from a lender.
Discount window lending
Economy; Economics
Where the commercial banks, and other depository institutions, are able to borrow reserves from the Central Bank at a discount rate.
Monetary policy
Economy; Economics
A policy used by central bank to control low unemployment and economic growth.
Extensive agriculture
Economy; Economics
System of crop cultivation using small amounts of labour and capital in relation to area of land being farmed.
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