Examlex
More jobs have been created due to increased use of automation than have been lost.
Real Interest Rate
Nominal interest rate minus inflation rate.
Monetarist
Pertains to an economic theory focusing on the control of the money supply as a tool for managing economic stability and growth.
Milton Friedman
An American economist and a key figure in the Chicago School of Economics, known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.
John Maynard Keynes
A British economist whose theories on the causes of prolonged unemployment and recommendations for government intervention in economies to stimulate demand and growth form the basis of Keynesian economics.
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