Examlex
Franchising is a rapidly growing form of licensing in which a franchiser provides a standard package of products, systems, and management services, and a franchisee provides market knowledge, capital, and personal involvement in management.
Open-Market Purchases
The buying of government securities by a central bank from the market to increase the money supply and lower interest rates.
Money Supply
The total amount of monetary assets available in an economy at a specific time, encompassing cash, coins, and balances held in checking and savings accounts.
High Inflation
A situation where the general price level in an economy is increasing rapidly over a short period.
Consumer Price Index
An index that measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.
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