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Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a...
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expansionary fiscal policy to alleviate the impact of inflation. The objective of this policy note is to examine the main …
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Inflation measured by consumer price index (CPI) is defined as the change in the prices of a basket of goods and … services that are typically purchased by specific groups of households. Inflation is measured in terms of the annual growth … rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. Inflation measures …
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Nominal gross domestic product (GDP) is GDP given in current prices, without adjustment for inflation. Current price …
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The support that governments provide to their industrial producers has been a growing source of concern. Much of that support is provided by governments through the financial system, either in the form of below‑market borrowings or below-market equity. To better understand the nature and scale...
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