A measure of the strength of a currency. The larger the measure, the more goods that can be bought by […]

A ratio of the value of two different currencies.

A statistical correction allowing comparisons of the amount of goods people can buy in different countries that have different currencies. […]

This is a characteristic of a person who values an additional unit of consumption now over an additional unit later, […]

To eliminate undesirable names from a list.

In business-to-business, a process whereby respondents to an ad or a mailing are determined (usually by a telephone interview) to […]

This is a policy used by authorities in extreme circumstances to ease pressure placed on banks. The authorities buy bonds […]

Central bank purchases of financial assets aimed at reducing interest rates on those assets when conventional monetary policy is ineffective […]

A reduction in total price given in exchange for an agreement to purchase many items.

Policies that implement environmental objectives by using bans, caps, and regulations.