Conspicuous goods: These are certain goods which are purchases to project the status and prestige of…

A sound banking system promotes all round economic development of an economy. A good bank…

• Modern commercial banks perform a variety of functions and provide a number of services…

•         A bank is said to be a financial intermediary. •         It stands midway between the savers…

Liquidity preference refers to the demand for money, considered as liquidity. The concept was first…

• Investment = a change in the stock of capital over a period of time.…

Inflationary pressure in an economy my generate good effects on the economy, particularly in case…

True inflation • It takes place after full employment of all factor inputs in an…

Hyper Inflation • The price level goes on rising at a very fast rate. •…