Macro-Economics

Accommodatory Monetary Policy
A policy of allowing the supply of money to expand in line with the demand for it, balancing economic growth and inflation.
Dependency Ratio - Definition and Meaning
An exploration of the dependency ratio, its significance, and its implications in various economic frameworks.
Effective Demand
An economic concept representing the planned expenditure by people who have the means to pay.
Gross National Product
A comprehensive measure of national economic activity representing the total market value of final goods and services produced by the residents of a country during a specific period.
Neutrality of Money
An economic theory stating that changes in the quantity of money affect only nominal variables and are irrelevant to rational agents' behavior.
Rate of Growth
Economic analysis of the rate of growth, dealing with rates at which key economic indicators increase over a period.
Sticky Wages
Wage rates that are not readily changed in response to changes in market conditions.
Value of the Physical Increase in Stocks and Work in Progress
The economic measure representing the part of the total increase in value of stocks and work in progress resulting from changes in their quantities, distinguishing from price revaluation changes.