CLOSED ECONOMY VS OPEN ECONOMY

There are two models of circular flow of income namely, Closed Economy ModelOpen-Economy Model CLOSED ECONOMY is one in which there are no exports and imports. The economy is self-sufficient and self-reliant. In this economy, Gross Domestic Product is equal to Gross...
DEBT MONETIZATION

DEBT MONETIZATION

Debt monetization or monetary financing or monetizing the deficit is the Government borrowing money from the central bank (RBI) to finance public spending instead of selling bonds to the private sector or raising taxes. It is often informally and pejoratively called...
Inflation And Inflation Expectations

Inflation And Inflation Expectations

Inflation refers to the rise in the prices of most goods and services of daily or everyday use, such as food, clothing, housing, transport, consumer staples, etc. Inflation expectations are simply the rate at which people, consumers, businesses, investors—expect...
GETTING WEALTHY Vs STAYING WEALTHY

GETTING WEALTHY Vs STAYING WEALTHY

Do you think getting wealthy and staying wealthy are the same? The answer is NO…Here is why A Wealthy person is a person who possesses great material wealth, a person who is individual, mortal, etc., who focuses on long-term goals rather than making silly investments....
POWER OF COMPOUNDING

POWER OF COMPOUNDING

Have you ever thought that you want to make money, without putting much effort into it. So that you can save it for future after your retirement? So, there’s a simple way I can suggest you to put in your money. It is called compounding, and it can help you...

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