Economics

Economics

basics of economics

Contributors in Economics

Economics

The prices assumed, for the purposes of calculating tax liability, to have been charged by one unit of a multinational company when selling to another (foreign) unit of the same firm. Firms spend a ...

transfers

Economy; Economics

Payments that are made without any good or service being received in return. Much public spending goes on transfers, such as pensions and welfare benefits. Private-sector transfers include charitable ...

transition economies

Economy; Economics

Former communist economies that, with varying degrees of enthusiasm, have embraced capitalism.

transmission mechanism

Economy; Economics

The process by which changes in the money supply affect the level of total demand in an economy.

transparency

Economy; Economics

A buzz word for the idea that the more information is disclosed about an economic activity the better. Many regulators, private lenders, politicians and economists reckoned that the Asian economic ...

treasury bills

Economy; Economics

A form of short-term government debt. Treasury bills usually mature after three months. They are used for managing fluctuations in the government’s short-run cash needs. Most government borrowing ...