Examlex
Which of the following is a new form of term insurance that guarantees fixed premiums for the life of the policy?
Demand for Money
The desire or need by individuals and businesses to hold liquid assets, primarily currency and demand deposits, for transactional, precautionary, and speculative purposes.
Nominal GDP
Nominal Gross Domestic Product refers to the market value of all final goods and services produced within a country in a given period, measured in current market prices.
Expansionary Monetary Policy
A monetary policy strategy used by central banks to increase the money supply to stimulate economic growth, typically by lowering interest rates.
Aggregate Expenditure
The total spending on final goods and services in an economy over a specific time period, including consumption, investment, government purchases, and net exports.
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