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Economy
How to calculate GDP: explained briefly in simple terms
How to find GDP: what is taken into account when calculating
GDP or gross domestic product is measured to assess the state of the country's economy. This takes into account the total volume of…
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Positive and normative economics
Positive and Normative Economics: Briefly Explained in Simple Terms
To understand the objectives of economic policy, it is necessary to know what positive and normative economics mean and how they…
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What drives long waves?
Kondratiev approached the explanation of the great cycles from the point of view of the equilibrium theory. It was not the Marxist philosophical approach that turned out to be his support, but the…
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The economic cycle and its phases
Many generations of researchers have tried to unravel the mystery of the cyclical fluctuations of the market economy. Now, when in Russia the breeding process becomes more and more cyclical, this…
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Inflation: main types and methods of regulation
Inflation appears as a long-term process, which manifests itself in the growth of the general level of prices. As a result, monetary aggregates depreciate relative to real assets. This is the essence…
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The problem of interaction between technological and economic transformations
The article deals with issues related to the research paradigm independent of technological and economic transformations. The author concludes that under modern conditions the process of technological…
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Distribution and violence
While still in a state of primitive savagery, as an individual separated from a primitive herd community, a person already showed increased interest in the result of someone else's work, looking…
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What is Decentralized Finance, or DeFi?
Decentralized finance, or DeFi, is similar to but not identical to Bitcoin (BTC). The term "DeFi" refers to financial systems enabled by decentralized blockchain technology. DeFi is mostly linked to…
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What Is Equity: A Complete Guide
Equity, also referred to as shareholder equity, is one of the most common terms in the financial markets that almost every investor or trader has come across at least once. But what does it mean? In…
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Benefits and costs of economic growth
Most governments aim for high economic growth, believing that this will lead their countries to higher standards of living. Through monetary policy, the government attempts to influence aggregate…
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