Examlex
Descriptive statistics are used to describe the data gathered.
Money Supply
The entire sum of currency in an economy at a particular time, covering cash, coins, and deposits in checking and savings accounts.
Aggregate-demand Curve
A graphical representation showing the relationship between the overall price level in an economy and the total demand for goods and services at that price level.
Liquidity Traps
A situation in which monetary policy becomes ineffective because people hoard cash instead of spending or investing due to expectations of adverse events.
Central Bank
A central bank is the national financial authority responsible for overseeing the monetary system, managing currency supply, and aiming to maintain economic stability.
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