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Basics 3 min read

Cash Reserve Ratio

Definition:  The Cash Reserve Ratio refers to a certain percentage of total deposits the commercial banks are required to maintain in the form of…

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Basics 2 min read

Types of Monetary Policy

Definition:  The Monetary Policy is a programme of action undertaken by the central banks and other regulatory bodies to control and regulate…

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Basics 2 min read

Instruments of Monetary Policy

Definition:  The Monetary Policy is a process whereby the monetary authority, generally the central bank controls or regulate the money supply in…

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Basics 1 min read

Cyclical Unemployment

Definition:  The Cyclical Unemployment refers to the change in the employment rate due to the change in the economic cycle, such as…

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Basics 3 min read

Hard Landing

Definition:  The Hard Landing is the economic condition, wherein the economy moves sharply from the high growth period to the low growth…

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Basics 4 min read

Phases of Business Cycle

Definition:  The Business Cycle refers to the ups and downs in the economic activities that the economy experiences over a period of…

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Basics 3 min read

Hicksian of Trade Cycle

Definition: Hicksian Theory of Trade Cycle was proposed by Hicks, who considered Samuelson’s multiplier-accelerator interaction theory and Harrod-Domar growth model in…

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Basics 2 min read

Business Cycle

Definition:  The Business Cycle refers to the periodic boom and slump in the economic activities reflected by the fluctuations in aggregate economic…

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Basics 3 min read

Pure Monetary Theory

Definition:  The Pure Monetary Theory was proposed by Hawtrey, according to him the changes in the money flows in the economy cause…

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