by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Ricardian Equivalence?The Ricardian Equivalence is an economic proposition that holds that when there is increased debt-financed spending by the government in order to stimulate the economy, demands remain unchanged. Hence, this theory suggests that...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Bilateral Monopoly?A market structure where only one supplier and only one buyer exists is a bilateral monopoly. A bilateral monopoly is the combination of a monopoly (a single seller) and a monopsony (a single buyer) in a market. Bilateral monopoly occurs...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Biflation?Biflation is an unusual situation in an economy where inflation and deflation exist simultaneously. When both inflation and deflation exist at the same time in an economy, Biflation has occurred. Osborne Brown, a Senior Financial Analyst coined the...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Numismatics?Numismatics is the collection of currency such as coins, banknotes (paper money), tokens and other related objects. It is also the study of various means of payment; currency, this study is often applied to the production and embodiment of coins...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Core Inflation?Core inflation is a measure of inflation that captures changes in the price of goods and services, excluding food and energy. Core inflation measures long-run inflation and excludes items such as food and energy because their prices change...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Bidding War?A bidding war occurs when there are too many buyers competing for the ownership of a single property to the extent of increasing the price of the property through increased bids. When the seller of a property receives several offers over a...
