Use Resources Income from property transferred to the “rest of the world” Subsidies for production and imports Primary income balance (gross) (p5.-p.6 – p.7) Total (p.6 + p.7 + p.8) 1. Gross profit and gross mixed income Wages of employees Taxes on production and imports Property income derived from the “rest of the world” Total […]
Tag: Translations
Transmission mechanism of credit policy, its relationship with fiscal and monetary policy
Monetary policy has a rather complex transfer mechanism. The effectiveness of the policy as a whole depends on the quality of the work of all its links. There are 4 links of the transmission mechanism of monetary policy: changes in the value of the real money supply as a result of the Central Bank’s policy; […]