Economics

Inflation targeting refers to the formal declaration of a specific range of inflation as an official policy, and it is…

The Capital Adequacy Ratio (CAR) is a vital metric used to gauge banks’ resilience in absorbing losses and their capacity…

Purchasing Power Parity (PPP) serves as a method to gauge the relative purchasing power of various currencies. It involves comparing…

Tobin tax is basically a tax that is levied on the short term currency transactions in order to discourage the…

The Laffer Curve is a theory to show the relationship between tax rates and the amount of tax revenue collected…

A liquidity trap is when expansionary monetary policy (increase in money supply) does not increase the interest rate or income…

Lorenz curve A Lorenz curve is a graphical representation of income inequality or wealth inequality Brief Explanation Imagine the Lorenz…

A gig economy is a labour market that heavily relies on temporary and part-time job positions, which are often filled…

Key Points A Certificate of Deposit, often called a CD, is a financial tool issued by banks and financial institutions…