The limit to expenditure for an economic agent based on the ability to finance it.
Understanding the concept of budget deficit, its implications, measurement, and analytical frameworks.
A comprehensive look at the concept of the budget line in economics, its implications, and its role in consumer theory.
The excess of a government’s total income over its expenditure.
A detailed explanation of buffer stock, its functioning, and its implications on price stabilization.
A US cooperative institution providing mortgage finance for homeowners, equivalent to a UK building society.
A comprehensive entry on building societies in the UK, focusing on their role in the financial system, historical development, and evolution.
Features of the economy that limit economic fluctuations through routine behaviour, such as tax revenues and unemployment benefits.
A comprehensive overview of the bull market, including its definition and economic implications.
Gold held in bulk, usually in the form of gold bars, largely held by central banks as part of foreign exchange reserves.
The German central bank renowned for its financial caution and monetary stability, now part of the European System of Central Banks.
