What’s in a name?It all begins with an acronym.The American economy is a vast, multibillion-dollar enterprise.As such, it is often referred to as an “economy.”There are many different kinds of economic activity that can be categorized as “economics.”One of these is called “capital,” which is the name given to the vast and ever-expanding wealth created
capital definition economics
It’s a well-known fact that living in a city is a lot more expensive than just getting around.But that’s not to say that the cost of living is actually an issue when it comes to paying for your essentials.In fact, a number of new apps and guides offer you the ability to save money on
Which American Economic Association member country is most likely to lead the US economy in GDP growth in the next five years?
In the latest edition of the annual World Economic Forum’s Global Competitiveness Report, the American Economic Associations (AEA) ranks the economies of the United States as the best in the world.The rankings are based on an assessment of how the economy is performing in relation to its peers around the world, including a ranking of
The UK is in its third recession since the global financial crisis of 2008, with the economy shrinking by 1.2 per cent last month and the unemployment rate rising to 12.4 per cent.It has also become the world’s fifth-largest economy.Key points: Unemployment rate has risen to 12 per cent, up from 11.4% a year ago.The