Interest rates refer to the cost of borrowing money or the return on saving money, expressed as a
Glossary Category: Economics
money supply
The money supply refers to the total stock of currency and other liquid assets circulating within an economy
credit regulations
Credit regulations are a set of rules and policies implemented by a country’s central bank to influence the
expansionary monetary policy
Expansionary monetary policy refers to the strategies implemented by a nation’s central bank to increase the money supply
Contractionary Monetary Policy
Contractionary monetary policy refers to the measures implemented by a central bank to reduce the money supply and
supply-side policy
Supply-side policies are government interventions designed to boost the economy’s long-term productive capacity by increasing the supply of
monetary policy
Monetary policy refers to the actions and tools employed by a central bank, such as the US Federal
fiscal policy
Fiscal policy refers to the government’s use of changes in taxation and public spending to influence aggregate demand
average rate of tax
The average rate of tax (ART) is the total tax paid divided by total income, typically expressed as
marginal rate of tax
The marginal rate of tax is the proportion of additional income paid in tax, expressed as a percentage.