Relationship between the monetary and external sectors

Institutional units within the monetary sector, which is also called the banking or financial system, are divided into two main groups: monetary authorities – a central (state, national) bank that issues the national currency, stores state gold and foreign exchange reserves and manages the entire monetary sector of the economy; commercial banks that attract depositors’ […]

State regulation of income distribution

The formation of total incomes of the population covers their production, distribution, redistribution and use. The distribution of income is formed at the stage of formation of income of the owners of production factors (functional distribution). The personal distribution of nominal income is the result of redistribution. Passing through the family budget, the amount of […]