by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the CEO Confidence Survey?The CEO Confidence Survey is a monthly survey of 100 executives from across the United States. Who Conducts the CEO Confidence Survey?The Conference Council, a global business membership and research association working in the public...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Limited Flexibility Exchange Rate System?The International Monetary Fund’s name for an exchange rate system with a managed float is the Limited Flexibility Exchange Rate System. A flexible exchange-rate system is a monetary system that allows the...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Centrally Planned Economy?A planned or centralized economy is one in which the key questions of the economy about what, how, and for whom to produce are resolved directly by the State.How Does a Centrally Planned Economy Work?In a centrally planned economy,...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the NAB Business Confidence Index?The NAB Business Confidence Index is an index published by the National Australia Bank used for assessing the strength of business in Australia. The index provides an overall picture of the Australian economy. The NAB Business...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What are Network Externalities?Network externalities is an economics concept that describes the circumstances where the value of a product or service changes as the number of users increases or decreases. According to the traditional economic theory, as the supply of...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the National Average Wage Index?The Social Security Administration (SSA) of the United States uses the National Average Wage Index (NAWI) for computing a persons retirement benefits. The SSA calculates the NAWI once a year to measure the wage trend in the...