Economy

Unemployment

If you watch the news or read the paper, you've probably seen or read news reports about the unemployment rate. Sometimes the news reports are...

Credit Factors

Access to credit to pay for education, a house, a car, or other items is integral to managing personal nances. Unfortunately, not all consumers can...

National Income

National income is the sum of all payments which arise as a result of economic activity that is from the production of domestically owned goods...

Interest Rate

An interest rate is the cost of borrowing or the gain from lending, usually expressed as an annual percentage rate; it is generally calculated by...

Money Multiplier

The multiplier effect describes how an increase in one economic activity leads to a much more significant increase in economic output. For example, in the...

Capitalism

Capitalism is an economic system organized around private property principles, freedom of exchange, competitive markets, and limited government intervention. An economic system is a way...

Digital Payment

As technology advances, so does the need for change. For example, with digital wallets, the world has begun to see a difference in how consumers...

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