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  2. Hyperinflation - Wikipedia

    en.wikipedia.org/wiki/Hyperinflation

    Hyperinflation is often associated with some stress to the government budget, such as wars or their aftermath, sociopolitical upheavals, a collapse in aggregate supply or one in export prices, or other crises that make it difficult for the government to collect tax revenue.

  3. Inflation - Wikipedia

    en.wikipedia.org/wiki/Inflation

    At that time, the term inflation referred to the devaluation of the currency, and not to a rise in the price of goods. [15] This relationship between the over-supply of banknotes and a resulting depreciation in their value was noted by earlier classical economists such as David Hume and David Ricardo , who would go on to examine and debate what ...

  4. Law of one price - Wikipedia

    en.wikipedia.org/wiki/Law_of_one_price

    The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold at different locations should be sold for the same price when prices are expressed in a common ...

  5. Paramount Global to lay off 15% of its US workforce

    www.aol.com/finance/paramount-global-lay-off-15...

    Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...

  6. Protectionism in the United States - Wikipedia

    en.wikipedia.org/wiki/Protectionism_in_the...

    Polk succeeded in passing the Walker tariff of 1846 by uniting the rural and agricultural factions of the entire country for lower tariffs. They sought a level of a "tariff for revenue only" that would pay the cost of government but not show favoritism to one section or economic sector at the expense of another.

  7. Economic growth - Wikipedia

    en.wikipedia.org/wiki/Economic_growth

    t. e. Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. [ 1] Statisticians conventionally measure such growth as the percent rate of increase in the real and nominal gross domestic product (GDP).