Examlex
The central bank which is generally regarded as the most independent in the world because its charter cannot be changed by legislation is the
Ceteris Paribus
In economics, it's a Latin term which stands for "if everything else remains the same," employed to focus on the influence of an individual variable by maintaining all other pertinent factors steady.
Positive Outcomes
Results or consequences of an action that are beneficial or desirable to stakeholders.
Normative
Pertaining to norms or standards, often referring to analyses or statements that express how things should be rather than how they are.
Positive Economic
Refers to economic theories or policies that lead to beneficial outcomes in terms of growth, employment, and living standards.
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