(redirected from Deflation (economics))Also found in: Dictionary, Thesaurus, Financial, Encyclopedia. The rupture of a breast implant, which is abrupt, obvious and harmless with saline, and slower, less obvious and fibrosing (scarring) with silicone Segen's Medical Dictionary. © 2012 Farlex,...
Double deficit (economics) Definition An economy is deemed to have a double deficit if it has a current account deficit and a fiscal deficit. In effect, the economy is giving claims on domestic assets to foreigners in exchange for foreign-made goods. Traditional macroeconomics predicts that persis...
In economics, it is often used to observe the effects of a weaker currency on trade balances. The pattern is as follows: Immediately after a nation's currency is devalued, imports get more expensive and exports get cheaper, creating a worseningtrade deficit(or at least a smaller trade surplu...
A situation in whichoutflowofmoneyexceeds inflow. That is, a deficit occurs when a government, company, or individual spends more than he/she/it receives in a given period of time, usually a year. One's deficit adds to one'sdebt, and, therefore, many analysts believe that deficits are ...
2. Of or relating to the science of economics: new economic theories regarding the effects of deficit spending. 3. Of or relating to the practical necessities of life; material: wrote the book primarily for economic reasons. 4. a. Financially rewarding; economical: It was no longer economic...
the actual value of money but to the nominal value of money Functional finance: the government's fiscal proactive fiscal policy is mainly to achieve the full employment level without inflation; To achieve this, the budget can be in surplus, or it can be in deficit, not in a balanced ...
Criticism of Deficit Spending Many economists, particularly conservative ones, disagree with Keynes. Those from theChicago School of Economics, who oppose what they describe as government interference in the economy, argue that deficit spending won't have the intended psychological effect on consumers an...
The meaning of POTHOLE is a circular hole formed in the rocky bed of a river by the grinding action of stones or gravel whirled round by the water. How to use pothole in a sentence.
Examine the budget deficit definition and the causes of budget deficits. Find out how government budget deficits affect the economy and learn...
The meaning of SCARCITY is the quality or state of being scarce; especially : want of provisions for the support of life. How to use scarcity in a sentence.