Month: June 2024
13 posts
What is stagflation?
DEFINITION Stagflation is when there’s high inflation during a time of slow economic growth. Stagflation is a problem for policymakers,…
The Causes and Effects of Cyclical Unemployment
High unemployment rates are mainly caused by cyclical unemployment. This is caused by a decline in the cycle of business. This…
What is the formula for calculating unemployment rate?
The formula for unemployment rate is equal to the number of unemployed in the country divided by the number of…
What is a welfare program?
Welfare Programs are government-funded subsidies for families and individuals with low income. Welfare Programs: Definition and examples Welfare programs…
Is paypal safe?
PayPal is one of the most popular tools for receiving and sending money online. Although it has been around…
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,…
Extensions of Unemployment Benefits
Unemployment benefits are available to anyone who was laid off and is actively looking for work. Those who were…
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…
What is fannie mae?
Fannie Mae, a quasi-government agency, makes home buying and renting more affordable while reducing risks for lenders. It is…
Black Tuesday: Its Causes, and How it Kickstarted the Depression
Black Tuesday was the last and fourth day of the 1929 stock market crash. It happened on October 29,…