Month: March 2025
25 posts
What is Annual Percentage Yield (APR)?
DEFINITION Annual percentage return is a rate of return on an investment for a period of 12 months that…
What is Financial Capital?
DEFINITION Financial Capital is money and credit or other sources of funding used to build wealth. The Key Takeaways…
What is a wire transfer?
A Wire Transfer is an electronic method for moving funds. The Key Takeaways Wire transfers are a method of electronically…
PayPal Debit Card and Credit Card
PayPal is well-known for being one of the very first companies to offer consumers the option to send…
What is black friday?
Black Saturday occurs the day following Thanksgiving. Retailers offer steep discounts during this annual shopping day to kick-off the holiday…
What is the natural rate of unemployment?
DEFINITION The rate of natural unemployment represents the lowest level at which a healthy economy is able to function without…
Extensions of Unemployment Benefits
Unemployment benefits are available to anyone who was laid off and is actively looking for work. Those who were…
What is disguised unemployment?
DEFINITION Disguised Unemployment is when workers are employed, but they are not working or their time is only partially…
What is Laissez-Faire Economic Theory (LFE)?
Laissez faire economics restricts the government’s intervention in the economy. The theory holds that an economy’s strength is when the…
What is Universal Basic Income (UBI)?
DEFINITION Universal basic income is a proposed government-guaranteed payment that each citizen receives. The purpose of the universal basic income…