by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Labor Surplus Area?Labor Surplus Area is commonly known as LSA. It can be defined as civil jurisdiction. In previous 2 calendar years, the average yearly unemployment rate was figured 20% and sometimes more than this percentage. This is the highest...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Inter-American Development Bank?The Inter-American Development Bank (IDB) was established in 1959 as a cooperative bank to advance the social and economic development of its member countries in the Caribbean and Latin America. It belongs to 47 member...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the KOF Economic Barometer?This is an amalgamated indicator used in Switzerland to provide reliable readings on the growth of the economy in comparison to a similar quarter in the previous year. The barometer has a multi-sectoral design made up of three...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Golden Rule in Economics?In modern economics, the Golden Rule is an economic policy that says, a government must only borrow money for investing and not for funding the regular expense. That means a government should borrow money only to invest them for the...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Labor Economics?Labor economics is the study of behavior and decision making by employers and employees (including the supply of and demand for labor) as a result of environmental factors, such as fluctuating prices, profits, salaries, and conditions of...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Kondratieff Cycle?In economics, the Kondratieff cycle is a hypothesized cycle-like phenomenon thats found in the modern world economy. Its stated that the period comprised of waves that spread between forty to sixty years and the cycles consist of...
