by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Physical Capital?Physical capital are man-made, touchable real items purchased for use in producing goods.Physical capital may also be fixed capital – which is capital that has an extended life or can be re-used over and over for its intended...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is an Economic Recession? An economic recession is an extended period of recession, a period in which the productivity of a nation falls. Related Topics What is Government Spending? Autonomous Spending Autonomous Consumption Fiscal Policy Expansionary Fiscal...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Net National Product?When examining economic statistics, there is a crucial distinction worth emphasizing. The distinction is between nominal and real measurements, which refer to whether or not inflation has distorted a given statistic. Looking at economic...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Depreciation of Currency?When the exchange rate for a currency falls, so that a currency trades for less of other currencies, we refer to it as depreciating or “weakening.”Related Topics What Does it Mean to Dollarize Foreign Exchange Market Who Demands and...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Real Value?Back to:ECONOMIC ANALYSIS & MONETARY POLICYRelated Topics Real Values Nominal Value Inflation Depreciation Net National Product Other Related Topics Economic Conditions Gross Domestic Product (GDP) Gross National Product Durable and Non-Durable...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What are Intermediate Goods?Intermediate goods are those that in the construction or development process prior to becoming finished or final goods. Further, intermediate goods have undergone some form of transformation from being simply raw materials. What are Final...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What are Market Forces?Market forces are the grouping of factors that affect the: demand for use or consumption of a good supply or availability of goods by firms price of goods available for purchase. Related Topics Supply-Side Economics Say’s Law Laffer...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Keynesian Analysis?Keynesian economics focuses on explaining why recessions and depressions occur and offering a policy prescription for minimizing their effects. The Keynesian view of recession is based on two key building blocks. First, aggregate demand is...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Keynes’ Law?Keynes’ law:, was proposed by John Maynard Keynes, and states “Demand creates its own supply.” The alternative to Say’s law, which states that Supply creates Demand. Keynes law is a simplification of principles espoused by Keynes in his...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Neoclassical Analysis?Related Topics Neoclassical Economics Say’s Law Neoclassical Analysis Supply Side Theory Laffer Curve Keynesian Economics Keynes’ Law Keynesian Analysis Demand Side Theory Market Forces Aggregate Demand / Aggregate Supply...
