Question

want to know definition,and explanations

Monetary Expansion;
Financial Intermediaries;
Financial Capitalism;
International Capital Flows;
Classic Liberalism;
Embedded Liberalism;
Functions of International Monetary System;
Network Externalities;
Path Dependence;
Need for Collaboration;
Current Account Balance;
CA>0, 0<CA;
Private Saving;
Public Saving or Government Saving;
Twin Deficits;
Official Reserve Transactions;
Official International Reserves;
Capital Account;
Current Account;
Growth Rate of Price Level;
Nominal vs. Real Interest Rate;
Fisher Equation: i = r + π
Monetary Base;
Reserves;

Answer 1

1. Monetary Expansion= It is the process by which Fed increase money supply in the economy using open market operation, discount lending and reserve requirement. It is used during the recession.
2. Financial Intermediaries _ These are institutions or companies that supply money from borrower to lender. They basically transfer money from those having a surplus (savers) to those who are a deficit (investors).
3. Private Saving = Income - Consumption - tax. It is the part of income left after consumption expenditure and tax payment.
4. Public Saving or Government Saving =Tax - Public expenditure. It is the part of the public revenue which is left after public expenditure in the economy.