A regressive tax takes a larger percentage of income from lower-income earners than from higher-income earners. It disproportionately impacts those…
A recession is a significant, widespread, and prolonged downturn in economic activity. It's characterized by falling GDP, rising unemployment, and…
The real interest rate reflects the actual purchasing power of returns on an investment or loan. It accounts for inflation,…
Ratings agencies assess the creditworthiness of debt issuers and financial instruments. They provide independent opinions crucial for investors, influencing capital…
The quantity theory of money posits a direct relationship between the money supply and the general price level. An increase…
Quantitative easing is a monetary policy where a central bank injects liquidity into markets by purchasing assets. It aims to…
Purchasing Power Parity (PPP) theory suggests exchange rates should equalize prices for identical goods and services across countries. It's a…
The Purchasing Managers' Index (PMI) is a key economic indicator reflecting business activity in the manufacturing and services sectors. It…
The Producer Price Index (PPI) measures the average change over time in selling prices received by domestic producers for their…