Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol said on the 7th, “We will spare no effort to restore ...

Explore how fiscal policy and monetary policy drive aggregate demand, influencing economic growth through spending, taxation, and money supply changes.

Discover the concept of underemployment equilibrium in economics, its effects on unemployment rates, and why it persists. Explore Keynesian insights into economic downturns.

In its scramble to boost the US economy during the pandemic, Congress rolled out a well-worn recession-fighting policy: extending jobless benefits. This reignited a long-standing debate between those ...