AWARDS

Constant dollar is a calculation that is used to measure a performance of the dollar in one year to its performance another year. Due to inflation the purchasing power of the currency is getting weaker and in order to have a proper calculation and properly compare dollar values from different years a calculation for the constant dollar has to be made.

Depressed is a description that can be used with either – currency, market, asset, security, commodity and so on. It is a state that is characterized by the falling prices, low production and circuitism as well as little number of buyers and low consumer confidence. Economy can also be depressed – that means that the economy saw several recessions in a row.

Circuitism is a term that can explain how the banks deal with and produce the money as well as how the firms hold their production and how their workers are contributing to the production and consumption and how that money, produced by the bank end up back in the bank as the result of the process.

Monetarist is an economist whose entire beliefs system is built on a notion that all of the monetary changes depend on the monetary supply. Monetarists strongly believe that all of the economic problems can be fixed by manipulating monetary supply of the country.