Microeconomics
The interactions between buyers and sellers (the forces of demand and supply) in order to allocate resources, thereby determining production and consumption choices.
Price mechanism
The policy that aims to slow down economic activity usually by increasing interest rates to cut consumption and investment expenditure in the economy.
Contractionary monetary policy
Inward-looking strategy of economic growth and development that encourages domestic production and the purchase of domestic output through protectionist policies such as tariffs and quotas.
Import substitution
Donald Trump, who just won the 2024 election in the USA, is a politician from the ... party
Republican
Number one most streamed song in Spotify by November 2024, performed by The Weeknd.
Blinding Lights
The degree of responsiveness of quantity demanded for a product following a change in its own price.
Price elasticity of demand
In a country's AD-AS diagram, economic growth could happen due to an increase in ...
consumption / investment / government spending / net exports
High remittances and repatriated income from domestic economic agents operating abroad will result in ...
GNI > GDP
The newly elected leader of the USA's Department of Government Efficiency.
Elon Musk
Venom : The Last Dance was number one in the USA's Box Office for ... weeks in a row
3
Rivalrous and excludable goods which have positive external benefits to stakeholders not directly involved in an economic transaction.
Merit goods
The government of Indonesia are planning to increase VAT from 11% to 12% in 2025. This is an example of ...
contractionary fiscal policy
Balance of payments' accounts are always summed up to zero because ...
the concept of debit and credit / money coming in = money coming out
Increasing rainfall in Jakarta the last couple of days are the impact of ...
La Nina
The world's number one manga in the terms of sales. Its story is about battles between sorcerers and cursed spirits.
Jujutsu Kaisen
Deadweight loss in subsidies are caused by ...
Overconsumption / opportunity cost for the government's spending
In a country's macroeconomics, cost-push inflation could be caused by ...
an increase in the price of imported raw materials / local currency depreciation
In a managed exchange rate system, a country's Central Bank will ... when they want to boost net exports.
Sell their local currency reserve to shift the local currency supply curve to the right / lower the interest rate
The candidate pair for governor and deputy governor of the Special Capital Region of Jakarta, supported by the Indonesian Democratic Party of Struggle (PDIP).
Pramono Anung - Rano Karno
The winner of Piala Citra in Festival Fim Indonesia 2024.
Jatuh Cinta Seperti Di Film-Film
Profit maximizing firms always produce at ...
MR = MC
From October 2023 to October 2024, the USA had spent $ 17.9 billion to aid Israel's military operations in the Middle East. Most of the funds given were used by Israel to buy US-made weapons.
For the USA's AD-AS diagram, this action will result in ...
demand-pull inflation / AD shifts to the right
'Forcing' their domestic consumers to consume domestic products to fix the current account deficit using import tariff, import quota and export subsidies.
The traditional dance performed by Hana Rawhiti to protest a law revision about England-Maori treaty in New Zealand.
Haka Dance
The title of the song by Madonna, used in the movie 'Deadpool & Wolverine' in the battle scene between Deadpool & Wolverine vs the Deadpool variants.
Like A Prayer