Examlex
The entire system-building effort is driven by:
Central Bank
The principal monetary authority of a country, responsible for regulating the money supply, issuing currency, and controlling interest rates.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including currency and various types of deposits.
Fisher Effect
The economic theory proposing that the real interest rate is independent of monetary measures, especially the nominal interest rate and the expected inflation rate.
Real Interest Rate
The rate of interest an investor expects to receive after allowing for inflation, showing the real gain of an investment.
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