Month: March 2025
25 posts
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…
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 are discouraged workers?
Discouraged workers are people who are willing to work and are available, but have left the workforce as they don’t…
What is compound interest?
Compound Interest is the interest that is earned on the original principal and accumulated interest. The Key Takeaways Compound…
What is a beneficiary?
DEFINITION A beneficiaryis a person or entity you name to receive your assets upon your death. Your assets will be…
What is Interest?
Interest represents the cost of borrowing. The lender gets interest and the borrower pays it. The Key Takeaways Interest is…
Unemployment rate, effects, and trends
The unemployment rate is calculated by dividing the number of unemployed by the total number of civilian workers. According…
Unemployment Solutions: What is the most cost-effective?
It is obvious that the solution to unemployment is to create more jobs. The number of new jobs needed…
How to calculate, compare, and rank the cost of living
Life is expensive. The average person requires certain items and services to maintain a standard lifestyle. The Bureau of Labor…
Discover How ACH Payments Work
ACH payments are electronic funds transfers that use the Automated Clearing House Network (ACH). 1 The funds move from one…