A medium of exchange used to buy goods and services, store value, and measure economic worth.

The financial capacity of a government to increase spending or reduce taxes without jeopardizing its long-term fiscal sustainability or economic stability.

Define "rate cuts"

assets

Why do governments worry about indebtedness?

A measure of inflation that excludes volatile items like food and energy, showing underlying price trends.

Income received by a government or business, often from taxes or sales.

True or false: Core inflation includes food and energy prices.

Define "tariff-driven inflation"

An economic rule stating that central banks should raise interest rates by more than the increase in inflation to keep inflation under control.

The supply of available workers and the demand for employees, determining wages, employment, and job opportunities.

Define "interest rates"

Define "inflation target"