What are discouraged workers?
Discouraged workers are people who are willing to work and are available, but have left the workforce as they don’t…
Profit as the motive for capitalism
Profit is the remaining revenue after all costs have been paid. These costs include materials, labor, interest on loans,…
What is Standard & Poor’s?
DEFINITION Standard & Poor’s (S&P). is a reference to S&P Global. This company provides business intelligence, research, and analysis. S&P…
Is paypal safe?
PayPal is one of the most popular tools for receiving and sending money online. Although it has been around…
What is fannie mae?
Fannie Mae, a quasi-government agency, makes home buying and renting more affordable while reducing risks for lenders. It is…
What is the New York Stock Exchange and how does it work?
DEFINITION Stagflation is when there’s high inflation during a time of slow economic growth. Stagflation is a problem for policymakers,…
What Is Escrow?
DEFINITION A Escrow agreement is a financial arrangement in which a third-party controls the money and assets of two parties…
How to check your bank balance online
You should always know the balance of your account, and how much is available to spend. You can keep…
How to conduct an international wire transfer
The fastest way to transfer money from one bank directly to another is through wire transfers. It’s relatively easy…
What is the real unemployment rate?
The U-6 actual unemployment rate also includes the underemployed and the discouraged workers. The U-6 unemployment rate is usually higher than U-3, the…