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The Shift from Atoms to Bits Is Realigning Nearly Every

question 75

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The shift from atoms to bits is realigning nearly every media industry.


Definitions:

Net Capital Outflow

The distinction in investment behaviors where local residents invest in foreign properties versus foreigners investing in local properties.

Open-Economy Macroeconomic Model

A model that analyzes an economy that engages in international exchange of goods, services, and capital.

Loanable Funds

The market where savers supply funds for loans to borrowers, typically reflected by interest rates.

Real Interest Rate

The interest rate adjusted for inflation, reflecting the real cost of borrowing and the true return on savings.

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