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Stagflation

In economics, stagflation or recessionary inflation is a situation characterized by high inflation rates, slow economic growth rate, and persistently...

Long-Term Inflation

The rate of inflation that does not take into consideration certain items that are characterized by sudden or shortlived (short-term)...

Core Inflation

The rate of inflation that does not take into consideration certain items that are characterized by sudden or shortlived price...

NP NFA

An acronym for non-produced non-financial asset; an economic resource that is available or has come into existence without human intervention...

Non-Produced Non-Financial Asset

A non-produced non-financial asset (NP NFA) is an economic resource that is available or has come into existence without human...

EDF

It stands for endogenous discount factor; an approach that endogenizes the discount factor. It is a type of preference formulation...

Endogenous Discount Factor

An approach that endogenizes the discount factor. It is a type of preference formulation that is used in an infinite...

Unit of Account

One of the functions of money. A unit of account represents a standard numerical "nominal" monetary unit (a currency as...

Death Spiral

A situation that describes a market heading for a collapse or state of complete malfunctioning due to deterioration in economic...

Monetary Death Spiral

A situation that arises when a government continuously attempts through its policies (particularly monetary policies) to drive up economic growth...