Reaganomics
The policy combination of tight monetary policy to discourage inflation and lax public finance to encourage real growth during Ronald Reagan's presidency.
Real Balance Effect
The effect on spending of changes in the real value of money balances, influencing inflation and savings behavior.
Real Balances
An examination of the term 'real balances' in economics, including its definition, historical context, and analytical frameworks.
Real Business Cycle
A theory of the business cycle attributing fluctuations to random technology shocks and emphasizing efficient responses to these shocks.
Real Costs
A comprehensive overview of real costs in economic terms, encompassing foundational concepts, historical context, and analytical frameworks.
Real Effective Exchange Rate
The real effective exchange rate (REER) is the exchange rate of a country’s currency against a weighted combination of other currencies, adjusted for relative consumer prices, and reflects the overall competitiveness of the country.
Real National Income
An economic term describing the national income adjusted for price changes using a suitable price index
Real Option Theory
An approach to the analysis of investment opportunities using option valuation techniques.
Real Variable: Definition and Meaning
A comprehensive exploration of the term 'Real Variable,' its significance, context, and application in economics. Contrasts with Nominal Variable and inclusion in major economic frameworks.