Activist
Activist is an economist who views the self-correcting mechanism through wage and price adjustment to be very slow and hence sees the need for the government to pursue active, discretionary policy to eliminate high unemployment whenever it develops.
Category: Banking & Finance, Economics
More from this Section
- Real exchange rate
Real exchange rate is an index of foreign exchange adjusted for relative price level changes ... - Time limit on certain defenses provision
Time limit on certain defenses provision in an individual health insurance policy that ... - Bridge Loan
Bridge Loan is temporary finance provided to a project until long-term arrangements are ... - Points quotation
Points quotation is a forward quotation expressed only as the number of decimal points ... - Base currency
Base currency applies mainly to international equities. Currency in which gains or losses ...