Tag Archives: Finance

Measuring the market value of goods and services produced in a particular period of income monetarily is called Gross Domestic Product (GDP). This time period is normally on a quarterly or yearly basis. Nominal GDP estimates determine the economic performance of a country or a particular region. The widest use of GDP is to determine …

In very simple terms, a price-rise is inflation and a fall of price is deflation. Both co-existing and maintaining a balance is good for economic growth. However, in extreme both are dangerous for the economic growth. Inflation In the economic sense, Inflation is defined as an increase in the prices causing a fall in the …