Quantitative easing (QE) is a monetary policy of printing money, that is implemented by the Central Bank to energize the economy. The Central Bank creates| Corporate Finance Institute
Fiat money is a currency that lacks intrinsic value and is established as a legal tender by government regulation. Traditionally, currencies| Corporate Finance Institute
The concept of the "invisible hand" was invented by the Scottish Enlightenment thinker, Adam Smith. It refers to the invisible market force| Corporate Finance Institute
Expansionary policy is a type of macroeconomic policy that is implemented to stimulate the economy and promote economic growth. Expansionary| Corporate Finance Institute
Normative economics is a school of thought which believes that economics as a subject should pass value statements, judgments, and opinions on| Corporate Finance Institute
Barriers to entry are the obstacles or hindrances that make it difficult for new companies to enter a given market. These may include| Corporate Finance Institute