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Benjamin Rush,a physician who also signed the Declaration of Independence,was the first to
Central Bank
A national bank that provides financial and banking services for its country's government and commercial banking system and implements monetary policy.
Money Supply
The whole sum of economic financial assets at a specified time.
Money Supply Growth Rate
The rate at which the total amount of monetary assets available in an economy increases over a specific period.
Long-run Phillips Curve
A concept in economics indicating that in the long run, there's no trade-off between inflation and unemployment, showing a vertical line at the natural rate of unemployment.
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