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financial crisis

financial crisis  

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A collapse in the price of financial obligations, which may lead to a collapse in the economy. The major financial crisis in the history of world finance took place after the Wall Street Crash of ...
interest

interest  

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1 The cost of borrowing or lending money. See interest rate calculations.2 The wish or indication to buy or sell. See circle; indication of interest.
macroeconomics

macroeconomics  

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The macro aspects of economics, concerning the determination of aggregate quantities in the economy. Macroeconomics considers what determines total employment and production, consumption, investment ...
microeconomics

microeconomics  

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The micro aspects of economics, concerning the decision-making of individuals. Microeconomics analyses the choices of consumers (who can be individuals or households) and firms in a variety of market ...
monetarism

monetarism  

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An economic theory based on the view that the quantity of money is the main determinant of money incomes. This is often combined with the view that markets tend to clear, and that people form ...
Nicholas Kaldor

Nicholas Kaldor  

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(1908–1986)Hungarian-born British economist. He was created a life peer in 1974.Born in Budapest, Kaldor moved to Britain in the 1920s to study, graduating at the London School of Economics in 1930 ...

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