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Isolated bells ring clear, while bells crammed in a box have a muffled ring. If the sound of isolated bells is analogous to light from a gas discharge tube, then sound from the box crammed with bells
Is analogous to light from
Quantitative Easing
A monetary policy in which a central bank buys government securities or other securities from the market to lower interest rates and increase the money supply.
Reserve Requirement
A regulation set by central banks that determines the minimum amount of reserves a bank must hold against deposits, influencing the bank's capacity to lend.
Total Factor Productivity
A measure of the efficiency of all inputs to a production process, reflecting the output produced per unit of input.
Human Development Index
An index measuring key dimensions of human development: life expectancy, education, and per capita income.
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