Expansionary fiscal policies are meant to stimulate the economy during recessions and other tough times. Check out some ...

In a purely economic sense, inflation refers to a general increase in price levels due to an increase in the quantity of money; the growth of the money stock increases faster than the level of ...

Just how important is money? Few would deny that it plays a key role in the economy.­ But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...

Over the last few years, Russia has succeeded in developing the tools to carry out an effective monetary policy in a market economy. What monetary policy instruments has the central bank used to ...

Complementary tools besides monetary policy is needed to control inflation, say economists, who believe that interest rate ...