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Recent Post

The Objectives of Monetary Policy

The Objectives of Monetary Policy

Monetary policy is an important tool for any country's economic development and overall economic stability. The objectives of monetary policy ...
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Meaning and Types of Monetary Policy

Meaning and Types of Monetary Policy

Meaning of Monetary Policy This article attempts to briefly explain the meaning and types of monetary policy. For the country's ...
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The Best Definition of Microeconomics

The Best Definition of Microeconomics

There are different definitions of microeconomics given by different economists and the common matter of almost all the definitions is ...
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Among Nominal GDP and Real GDP, which GDP is better?

Among Nominal GDP and Real GDP, which GDP is better?

The nominal gross domestic product is the total market value of all newly produced goods and services during each time, ...
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Williamson's Model of Managerial Discretion

Williamson’s Model of Managerial Discretion

Introduction The model of the managerial theory of the firm presented by Oliver E. Williamson is known as Williamson's Model ...
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Nominal GDP, Real GDP, and GDP Deflator

Nominal GDP, Real GDP, and GDP Deflator

Introduction If the gross domestic product is measured at prevailing market price then it is known as nominal gross domestic ...
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