Growth Accounting Definition.

Growth accounting is a technique used in macroeconomics to measure economic growth. It decomposes the growth rate of GDP into the contribution of different factors of production, such as labor, capital, and productivity. Growth accounting can be used to measure the contribution of each factor to economic growth, and to identify the sources of economic … Read more

What is double entry?

The concept of double entry is the accounting system followed by companies to reflect and update their financial movements and transactions. Thus, the meaning of a company's double entry is linked to the accounting entries and with the accounts. But, as a characteristic of double games, there must always be an accounting balance between debits … Read more

What is near-money?

Quasi-money is a type of financial asset similar to normal money, but with the main characteristic that it has a lower liquidity That this. Normally, it represents in certain periods of time and the money can be transformed since it can be easily redeemed in cash. The main purpose of quasi-money is that with ease … Read more