Examlex
There are three types of diversification; related, unrelated, and concentric.
Real Exchange Rate
The rate at which two currencies can be exchanged, adjusted for inflation, indicating how much of a country's goods and services can be exchanged for those of another country.
Prices Rise
An increase in the cost of goods and services in an economy over a period of time.
Purchasing-Power Parity
A theory that states prices of goods and services should equalize across countries when expressed in a common currency, accounting for exchange rates.
Money Supply
The grand total of money available in an economy at a specific time, encompassing cash, coins, and deposits in checking and savings accounts.
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