2481 samples of this type
Introduction GDP, or Gross Domestic Product, is one of the common measures of a country’s economic development. Calculated by adding up the value of all the goods and services produced in the country, the GDP is widely understood to be a sign of a well-off country. This measurement is applied...
Abstract The customer behavior concept is the study of how individuals make purchasing decisions. It assists businesses and marketers in capitalizing on these behaviors by anticipating when and how a consumer will buy a product. It aids in the identification of factors that influence these decisions, as well as the...
Summary Financial investment is an important part of any comprehensive financial growth. Without financial growth, it is hard to achieve financial growth. In this case, my objective is to identify a financial investment option for my client. The client has $100,000 to invest in either a bank account or a...
Introduction The economic recession has a variety of negative repercussions on the economy, including increased unemployment, weak economic development, and reduced investment, among other things. To deal with a recession, many economic techniques are frequently employed. A recession also denotes a considerable reduction in general economic activity, largely a consequence...
Introduction Financial well-being has always been a significant phenomenon because available economic resources can influence an individual’s life quality. However, Brüggen, Hogreve, Holmlund, Kabadayi, and Löfgren (2017) admit that research on the topic remains insufficient, meaning that any scientific attempt to study the issue is considered an essential contribution. It...
Introduction The modern world is characterized by a high level of globalization and multiple travel opportunities. The development of different means of transport, especially civil aviation, provided millions of individuals with a chance to move to numerous states. This openness is viewed as one of the most outstanding achievements; however,...
Introduction Traces of financial crisis and negative externalities have been present across the banking sector for the last several decades, so their impact on economic stability can be explained via two inherent descriptions. The first vital concept is the existence of microprudential purposes that gave birth to balance sheet rules...
The Anglo-Dutch Royal Dutch Shell is the largest oil and gas company. The organization, with the headquarter in the Netherlands, is registered as a corporation in the United Kingdom. Analyzing the work of such companies and considering the problems that firms in the oil and energy industry have recently faced...
A tax haven is a state that has no payment of taxes be it personal or corporate. Businesses are allowed to operate without the intervention of the government in form of taxes (Shaxson, 2011). One of these states is the Liberia which allows the residents to carry out business or...
Introduction According to De Souza (2018), Durkheim defined the concept of division of labor as follows: “a way of investigating the moral consequences of the growing complexity within modern societies” (p. 655). An example of that concept, in this case, is the process of drug manufacturing, distributing, and medical care...
Summary As far as the topic of finance is concerned, it is first of all necessary to understand the difference between the two notions that some people usually use interchangeably. They are accounting and finance, and the exact line drawn between them facilitates the further understanding of finance as the...
Introduction As the company for analysis, Walmart has been selected, the largest retail organization providing retail and wholesale services. In addition to goods coming from suppliers, the company is also a manufacturer of its own products. As a product for evaluation, the Walmart-branded Equate pharmacy and beauty product line will...
Introduction Foreign Direct Investment (FDI) is regarded as a fundamental form of global capital flow (Cywiński & Harasym, 2012, p. 35). FDI has a considerable effect on both home and host economies. From the home country’s point of view, FDI is considered to be a convenient means of capital and...
Introduction Spain is in South West of Europe. It has an area of 504,750 square kilometer. It had estimated population of 40,341,000 as of 2005.Its capital is the largest city namely Madrid. Some important cities in Spain are Valladolid, Burgos, Salamanca, Toledo and Badajoz. Great regional diversity is being displayed...
Financial statements act as a channel of revealing financial information about a business to individuals within and outside the business. They give a summary of the accounting process whereby the financial position of a business is made known at a time. The major reason for preparation of financial statements is...
Introduction Financial goals refer to the aspirations in the life of an investor that needs to be achieved when the person invests his money. By setting financial goals, chances of regretting are minimized and it ensures that the desired goal of investment is realized. These goals vary from one investor...
Introduction Integration in a given firm and/or industry refers to the process of organizing production based on organizational unification as well as technology of different production processes. The management of any given firm should employ a method of integration which offers the specific company technological efficiency. A firm is said...
In life, people need to make a number of investments to secure their future. In some cases, they have to forego immediate gratification of needs and ‘wants’ to pay the price for a better future. For example, one may forego marriage to focus on investments meant to establish them financially....
Introduction Financial accounts have different users; each user has specific needs they require from the accounts. Financial account users can be defined into two main segments internal and external users; internal users interpolate, analyze, and make inferences from accounting information to make informed decisions. Some of the financial accounts statement...
Canada’s economic system is robust and supported by many industries’ success, including banking and finance. Besides, attractive investment and business-friendly taxation policies attract new players to the Canadian market, allowing for healthy competition and creating new jobs. It is also important that Canada has excellent talent potential, as most Canadians...
Financial researchers are focusing on deriving a model that calculates a Q-measure and P-measure distributions. Q-measure focuses on risk-neutral that has a role in pricing. P-measure focuses on real-world that receives more attention than Q-measure. Real-world measures depend on pricing and risks. The modelling process involves the use of potential...
When designing a practice change, it is crucial to utilize an appropriate change model to ensure the effectiveness of the process. Change theories can help in a myriad of ways. For instance, a relevant model is beneficial for planning future change by identifying the critical stages to achieve success (Batras...
Prices of Related Goods Prices on the goods related to any given industry are a factor that influences supply and demand in it. This observation includes the hotel industry as well, and the prices on related goods obviously impact the hospitality industry in Sidney, Australia. In general, the prices of...
Countries use different corporate governance approaches based on the policies and laws, which inform their economies and business dynamics. In this regard, the Continental European model embraces a broad range of stakeholders. It adopts Latin and German characteristics, focusing on fulfilling commercial activities in a socially responsible manner (Maszczyk, 2020)....
The phenomenon of attention might seem as a fairly simple concept to define, yet a closer analysis will prove that attention is a rather difficult notion to approach. It appears that attention can be described as the ability to notice details that will inform one’s future choices and decisions. In...
Introduction Equity was developed more than hundred years ago to settle the claim of the dissatisfied litigants which arised from the harsh inflexible rules of law, which made the justice not prevailing. Equity is a set of legal principle of English law, which evolved from the English common law. The...
Introduction Health insurance is an evidence-based safeguard that ensures that more citizens get timely and sustainable medical services. Third-party payers are entities that pay healthcare claims on behalf of their respective clients. Some good examples of such stakeholders in the United States include insurance companies, employers, and government-sponsored agencies. This...
Introduction Originally, financial statement analysis is the research, which requires thorough and multi angle approach towards estimation of the financial ratios and financial flows, both horizontal and vertical. The aim of this paper is to analyze the financial ratios of Rondo Company by doing the financial ratios and also comparing...
Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of people’s life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate their crisis and become dependent on global players. Honduras belongs...
Introduction Looking at the process of globalization maintained and developing in the world practice and in the international relationships one can point out the significance of financial and economic growth for countries using some regulative organization. GATT and then WTO is the organization for the provision of highly considered and...
Introduction Human beings are inherently economic beings in the sense that they day in day out seek to satisfy their needs and wants by the way of producing, distributing, exchanging, and consuming goods and services. In fact, complexities of human behavior in the production, distribution, exchange, and consumption of goods...
Introduction In recent times, it has been found that corporations are enjoying too much power and with power, there are several vital problems associated. It appears that they almost enjoy the power of running a parallel government, like corporate espionage. There are several instances of issues related to ethical, environmental,...
Introduction A financial crisis refers to a situation where the assets of financial institutions keep on reducing their value. A financial crisis may occur in banks, at the stock market, or in Mortgage firms. In 2008, the world witnessed a slowdown in economic growth that saw an upsurge in the...
A macro economic theory represents a study of the whole national economy. Macro analysis involves the use of specific economic tools to predict a set of stylized facts about the national economy. Despite the large coverage of macro economic studies, it is important to note that macro analysis trends can...
Introduction International business may refer to all money making deals that occur amid two or more countries and it be private or governmental sectors. This is normally done with the aim of making profit. The government is however not only interested in the profit making, but also on political bases....
Introduction Production refers to the process of converting inputs into outputs. It is an economic process that involves use of resources in creating a good or service that is important for trading purposes. Production covers aspects of manufacturing, aspects of packaging, shipping and storing (Frank, 2004). Isoquant in economics is...
The classical time-inconsistency problem analysed by Kydland and Prescott (1977) and Barro and Gordon (1983), and followed by a large literature, is based on the following model: y = γ (π – π ) + u , where yt is the log of output (or employment), measured as a deviation...
Introduction ASEAN Free Trade Agreement (AFTA) opened new opportunities for Eats Asian countries to stabilize their economies and improve the financial performance of the region. ASEAN is a major player in geo-economics in Southeast Asia. It has a history of its own. Since 1967 its leaders have enjoyed a high...
Although international investment continues to influence growth in the global economy than trade, it has developed without the necessary presence of a formulated international system of rules according to Aaronson (2004). In fact, policymaking in this field has been without success. This is for example due to reasons of disagreement...
Introduction The United States and Canada are the largest economies in North America. According to Pete (2015), there has been a raging debate as to which of the two countries is best to call home. Factors such as income and cost of living are some of the most important factors...
Introduction The chapter “The Golden Arches Theory of Conflict Prevention” of “The Lexus and The Olive Tree” by Thomas Friedman is devoted to a unique and rather insightful finding. This finding is exclusively the author’s own and has been challenged by some. While McDonald’s is one of the restaurants around...
Introduction Thomas Oakley is an economist who has written the critically acclaimed book International Political Economy. In it, he discusses globalization, its drivers, and its effects on various actors in the international scene. The book distinguishes itself by its modernity and continuous updates that analyze new policies by prominent nations...
In a “perfect world” if a firm chooses to pay dividends instead of repurchasing shares based on the taxes that exist in a state where the company operates and the capital distribution strategy of a firm. Businesses choose to pay dividends in countries where the dividend penalty tax is relatively...
Abstract This paper outlines the knowledge management in the context of globalization and using personal experience with virtual learning. Both the class theory of organizational knowledge management and innovational strategies are reviewed. Companies will be able to use distance learning and other applications or platforms to spread expertise and competencies...
European economic integration is a complex and ongoing process that is associated with both advantages and certain obstacles for European countries. To understand how economic integration is influencing the current members of the European Union (EU) and what changes in their economies can be predicted, it is necessary to analyze...
Online Banking Services in the UAE: Abu Dhabi Islamic BankIntroduction In 2019, most banks around the world offer online and mobile banking services. The advantages of the Internet and communication technology have immensely improved the speed and convenience of banking operations for customers and financial institutions alike. The availability of...
Recent economic analysis of real wages in the United States over the past four decades shows that there has not been a meaningful growth in income despite the yearly adjustments of salaries and wages (Tyler, 2018). The annual increase in wages of American workers does not demonstrate an actual improvement...
Introduction This case study analyzes an article on inflation in the United Kingdom. The reviewed work describes the rise of the statistic shortly before the article’s writing and the potential reasons. It adds that the increased growth rate may be temporary, and the predictions and resulting reactions from the Bank...
Introduction Organizational leaders and chief executive officers (CEOs) are some of the key employees whose performances contribute to the success of their respective companies. Shareholders always expect such managers to use their abilities to move the targeted firms to the next level and make them profitable. However, these leaders require...
The business marketplace undergoes considerable changes regularly, creating new options to improve the working process or avoid unpredictable problems. The promotion of specialization is a common and reliable step in terms of which specialists understand their duties and do their work faster because of the level of knowledge and experience...
Introduction Price elasticity is a parameter used in determining the sensitivity of demand towards prices. Price sensitivity in customers can be induced by a myriad of economic factors, ranging from a lack of resources in the target customers to the presence of competition providing similar products. It is one of...
Explain clearly how the natural rate of unemployment is determined in a wage-setting and price-setting model of the labor market In determining the natural rate of unemployment, analysts focus on evaluating price and wage settings in the labor market. In this regard, they analyze price relations within the scope of...
Hegemonic stability theory Hegemonic stability theory draws its ideas from the realist, liberal and historical, together with the structuralists views. It is often regarded as a hybrid theory. It emphasizes that for an open and balanced international system to be met there should be a sole dominating or hegemonic nation,...
Introduction Structuralism theories propounded on the role of the state and the market in promoting development in an economy. It advocated for state activism in trying to solve problems of underdevelopment and especially in developing countries. It opposed to the idea that international or free trade helped in development by...
Introduction Internal control is a vital process because it gives reasonable assurance about the activities of a company and compliance with laws and regulations. Control activities seek to minimize the risks that companies face. The management often comes up with internal control measures depending on the risk level of each...
Introduction Strong government-business ties are crucial in economic development. A country’s political establishment or government formulates and implements economic and regulatory policies that determine its developmental state. Political decisions and economic management are inextricably linked. In this view, a nation’s economic success depends on its political system and laws governing...
Introduction New institutional economics which emerged in the 1970s, became a basis for the economic reform and the development of the contemporary economy. It gave birth to diverse theories that outlined the reforms and conditioned the future of the economy. The current paper reviews one of the famous institutional theories,...
Normative vs. Positive Analysis Economics, at large, belongs to the sphere of academia. Still, economists often perform consulting, analytic, advisory, and other roles. Consequently, it is critical that an economist is skillful at making statements and judgments on the function of government policies and can evaluate them to determine the...
Raul Prebisch was an Argentinean economist who contributed greatly to the international debates on economic development in the period between the 1940s and the 1970s. Although he was a theorist, he is known more as an economic diplomat who contributed significantly to debates in regards to development and international trade...
Introduction The rate of unemployment is one of the elements that determine how well or poor a country is performing about the established global average levels. Joblessness is a multifaceted social and economic aspect that influences the performance of other sectors such as health and education. In this regard, an...
Introduction When it comes to assessing the significance of a particular literary work, concerned with the matters of political economy, it is important to define the measure of the contained ideas’ systemic integrity, in the sense of how they correlate with the ’cause-effect’ (or dialectical) principle of analytical reasoning. The...
Introduction This article is an interview with the renowned philosopher and activist, Noam Chomsky by Robert Schupp and Richard Ohlemacher on the issue of shadow economies. In the article, Noam Chomsky addresses the issue of shadow economies that has plagued the entire world. These informal economies are accused of enriching...
Planning is an indispensable part of the process of managing any organization, a governmental organization in particular. Furthermore, to manage one, it is pivotal to create a budget of the organization or activity in question. A budget can be defined as a financial plan which includes items that need to...
Underlying Theme Freakonomics by Steven Levitt and Stephen Dubner is an exploratory study of economics and the manifestation of its principles in everyday life. The main premise of the book can be described with the following quote: “Morality, it could be argued, represents the way that people would like the...
Introduction Germany, Greece, and the U.A.E are notable economies in Europe and the Middle East. Many countries have emulated their economic models (The Global Economy 2015). For example, Saudi Arabia has tried to emulate the U.A.E’s diversification strategy to decrease its reliance on the energy sector (The Global Economy 2015)....
Abstract The economy of the United States has gone a long and difficult way from being weak and completely dependent on the outside factors to being represented by a set of rigid yet efficient rules and a number of entrepreneurships ranging from SMEs to global enterprises. When considering the effects...
Brazil is becoming an economic powerhouse in the world today. This country has continued to enjoy a stable economic growth for the past 15 years (Sachs). Brazil has been opposing the industrialized world on many issues such as global warming and climate change. Brazil embraces the best economic practices and...
Introduction Robert Kiyosaki wrote the book Rich Dad Poor Dad to depict the aspect of financial literacy based on his experience growing up with two fathers, one being his biological father and the other his father’s friend. On his account, Kiyaski stated that his biological father, “poor dad,” believed in...
Introduction China is one of the fastest-growing economies in the global landscape. Globalization and international trade offer the country a wide range of markets in its export-oriented economy. Although China’s currency rates and hedging regimes have played a significant role in its growing economy, it has been under scrutiny and...
Introduction In the globalization era, companies compete against each other across the continents. Regardless of the market, consumers can expect to find goods from all parts of the world. The following list of items that I found around my house represents the impact of the globalization process: A USB flash...
Unique Features of a Governmental Unit The main difference between a commercial company and a governmental unit is that the former aims to generate profit, whereas the latter focuses on providing public services. When it comes to ownership status, the public owns a governmental unit, which a public servant or...
Bills of Exchange Bills of exchange are primary instruments in payment methods between importers and exporters. A bill of exchange, which is classified as a short-term negotiable instrument, is a signed and unconditional document that requires a specific party to pay a fixed amount of money to another party when...
Keynesian Explanation of Recent Economic Performance The business cycle describes the natural fluctuations of the economy. It is a period of expansion and contraction that occurs over time. In the last few years, the economy has experienced a mix of growth and decline. Keynesian economists would attribute the country’s economic...
Introduction Rivian Automotive LLC is an American electric vehicle manufacturer producing high-end trucks and SUVs. Founded in 2009, the company is based in Plymouth, Michigan, with other facilities in Irvine, California, and Normal, Illinois (Sudian et al. 367). In 2017, Rivian purchased a former Mitsubishi plant on the west side of...
Tax Issues in Business Acquisitions When a business is acquired through the purchase of stock or assets, it raises several tax-related issues. The purchase price must be allocated among the assets acquired, and this allocation has significant tax consequences for both the seller and acquirer. The purchase price consists of...
Capital Adequacy Capital adequacy is vital to a bank’s financial stability and health. It gauges a bank’s capacity to withstand losses and keep a safe level of capital to fund operations. The capital adequacy ratio (CAR), a crucial metric for assessing a bank’s capital status, is employed. The CAR is...
Overview of Avery’s Denied Tax Deductions In their article “Attorney’s racing activities fall short of the finish line,” McKinley and Geiszler (2023) discuss the situation with James Avery, an attorney whose claim for tax deductions related to advertising expenditures was later denied by the Tax Court of the United States. Avery...
Current Event News One of the high-profile news stories of the past year, relevant to the U.S., has been the overhaul of abortion policy at the federal level and the transfer of decision-making authority to state government agencies. An article by Holpuch (2022) in The New York Times discusses the...
The Paradox of Historical Financial Performance The growth of your money is the only goal of investing. This can be accomplished if the investment is placed in a business that is anticipated to grow. Because of this, an investment’s intrinsic worth is determined by predicted future returns. Even a business...
Introduction The world economy began developing with the advent of the great trade routes and continues expanding to this day, being an integral part of the globalization process. Trade began to become global with the advent of the Great Silk Road when luxury goods from China started reaching the European...
Introduction As the chief advisor to the president of a developing country, I recommend adopting a floating exchange rate regime. This can provide a much more flexible and adaptive approach to managing currency rates, promote exports and foreign investment, and not constrain the country’s macroeconomic policy. Comparison of Floating and...
Introduction Envision laboring diligently for all your days yet still grappling to meet your most fundamental requirements. This is not a mere theoretical scenario but a stark truth for countless Americans who earn the bare minimum. Whether you are a scholar, a caregiver, or simply embarking on your professional journey,...
The Role of Money In its various forms, money has been an essential aspect of human civilization, facilitating trade, storing value, and providing a unit of account. In today’s world, money has evolved into several forms, each serving specific economic functions. This essay will explore the different forms of money,...
Product, Its Price, and the Type of Market My product is a virtual reality headset called “Immersive Vision i24”. Its price is $299, which is a low price for these products in the market. The type of market is monopolistic competition since many companies, not only industry pioneers, present similar...
Introduction International businesses are highly regulated operations by governments around the world. They do this to protect their countries from harmful trade that may harm their economy and citizens. The action by countries through their government to protect their domestic industries through policies restricting international trade is commonly referred to...
Introduction Caterpillar Inc. is a leading global manufacturer of construction and mining equipment and industrial engines. The company lacks immunity from the supply chain disruptions and global economic problems that complicate the heavy equipment industry. This paper discusses how Caterpillar responds to inflation, problems in its supply chain, and demand...
Executive Summary In 2020, the then United Kingdom prime minister Boris Johnson agreed to a trade deal with the European Union (EU) in which the country left the single market and the customs union. Mr Johnson said the deal would allow the United Kingdom to do more business with its...
Summary The present report discusses different typologies employed by criminals to layer the profits obtained illegally and thus requiring to go through money laundering. The paper begins by introducing stages commonly needed to legitimize illicit capital and explains the concept of layering. In the subsequent section, the examination focuses on...
Data Description The present paper conducts an econometric analysis of the article “Drunk Driving Legislation and Traffic Fatalities: New Evidence on BAC 08 Laws” in order to understand the data and methodology used. It is necessary to define the data and its features with which the researchers work in the...
Introduction Policymakers, market analysts, and researchers must understand how individuals form expectations about critical economic variables. In one of the most pioneering studies, the authors used an extraordinary information experiment incorporated in a survey to examine how families change their expectations regarding home price growth. The essay focuses on the...
Federal Reserve Actions to Curb Inflation and Slow Economic Growth When the Federal Reserve believes that the economy is overheating and there is a risk of accelerating inflation, it has several tools at its disposal to slow down economic growth and tighten credit conditions. One of the primary instruments the...
Product Investment Considerations Investing in new products is presented to the company as an opportunity to contribute to its development and gain a competitive position in the market. At the same time, the central aspect that requires reflection is the feasibility of investing in a product line overseas or keeping...
Identification of an Ongoing Ethical Failure in Metro Vancouver The Metro Vancouver Regional District, also known as Greater or Metro Vancouver, is a modern and well-developed area with more than two million Canadians from various ethnic groups living there. Despite the intention to create favorable conditions for all citizens, sometimes,...
Introduction The issue of minimum wage has raised significant concern in many countries across the globe due to the increased debate around economic disparities. The main focus among economic experts and the government is to establish a reasonable balance between social justice and financial necessity. Originally, minimum compensation was supposed...
Introduction The key goals of the Federal Reserve are tied to promoting full employment, sustainable growth, and steady prices. While decisions made by the governing body are independent, the Federal Reserve is subject to Congressional Oversight. As the Central Bank of the United States, the organization achieves its functions by...
Executive Summary This task involves analyzing the dividend growth and implied rate of return for AT&T and Verizon. First, the most recent quarterly dividend for AT&T will be identified on the “Dividends” page of morningstar.com, which is $0.52 per share. Based on this, the total expected dividend for the next...
Research Background The research study mainly focuses on training, performance, and labor productivity concepts and their effects on staff retention in the Qatar banking sector. The study’s relevance is that the banking industry plays an essential role in the Arab country’s economy. In 2023, Qatar banking is unstable, especially after...
Introduction In the intricate world of customer service, portraying friendliness is akin to unlocking the golden gateway to customer satisfaction and loyalty. The art of customer interaction transcends the mere transactional exchange of goods and services. It is a delicate dance where the organization must employ many techniques to exude...
Nominal GDP and Real GDP When measuring the Gross Domestic Product, government agencies first assess it without the effects of inflation (nominal GDP), and then factor the impact of price changes (real GDP). Thus, real GDP is adjusted for inflation while nominal GDP does not consider how changes in the...
Introduction Joblessness and inflation rates are essential economic indicators that have a substantial impact on a country’s economic well-being. Parts one and two of this report explore the complex link between redundancy and inflation. Part 3, on the other hand, reveals a complete study of non-employed statistics broken down by...
Introduction Assessing the economic performance of individual states through credible data is a way to obtain objective information about development-related characteristics. Based on the extraction of current data from valid sources, such parameters as per capita GDP, population size, economic freedom, and some other indicators will be considered. Country-specific examples,...
Introduction Exchange activity may be characterized by drastic actions by various organizations to strengthen their position. Thus, resorting to stock splits and reverse stock splits differ in results but have similar justifications for improving companies’ attractiveness. Carrying out such operations can significantly help firms remain relevant players on the stock...
Population, Need, and Rationale The participant pool was sourced from Miami-Dade, Florida — a region with significant housing needs at affordable rates. Rolfe et al. (2020) found that this grew to one-fifth (21.8%) of Miami-Dade County households who were cost-burdened — spending more significantly than 60% of their earnings on...
Introduction Market dynamics are intriguing, and understanding the forces that drive demand and supply curves is critical to comprehending the overall economic picture. As previously stated, different non-own-product pricing variables might influence the demand curve, whereas technical improvements and input prices can affect the supply curve. I discovered two intriguing...
Introduction Efficiency is a fundamental concept in economics, and it is essential for maximizing the use of available resources in the economy. Allocative efficiency, in particular, is critical in determining the optimal allocation of goods and services in a given market. It is concerned with allocating resources to satisfy consumer...
Introduction The Deluge asserts that the United States’ economic strategies during and following World War I, such as deflation and tariff increases, significantly influenced its emergence as a global economic power. However, these measures also triggered the Great Depression and World War II by fostering economic and political instability, obstructing...
Overview of The Policy The Earned Income Tax Credit (EITC) is a social welfare policy that provides tax credits to low-income working families in the United States. It was initially established in 1975 as a temporary program under President Ford, but it was made permanent in 1978 (Boardman, 2019). Since...
Introduction The suggestion that the First Home Owners Grant is potentially being pocketed by developers rather than reaching first-time homeowners can be analyzed using economic theories such as the theory of subsidy incidence, the principles of supply and demand, and the concept of rent-seeking. The Theory of Subsidy Incidence The...
Introduction In today’s world, extending high-risk credit to individuals or businesses can be a risky endeavor. Lenders need to protect themselves from default or bankruptcy on the part of the debtor. One mechanism that can help in this regard is the establishment of a security interest. This essay will discuss...
Introduction The Reserve Bank of Australia has undertaken one of the most aggressive interest rate hikes in recent years. With 11 consecutive increases in one year, the interest rate reached 3.85%. Although the RBA continues to work to maintain cash flows and ensure high economic stability in Australia, an increase...
Case Background Daniel, a Starbucks barista and finance student, has RSUs (restricted stock units) that convert to shares after two years of continuous employment. Starbucks established the Bean Stock program, allowing employees to “participate in their financial success.” Daniel decided to invest his stock in the stock market after five...
Introduction Equity schemes are often seen as preferable to grants for several reasons from an economic perspective, mainly due to their ability to prevent artificial price inflation and offer continuous support. Equity Schemes and Grants in Housing In the context of housing markets, equity schemes function by the government, providing...
Introduction From an economic perspective, land tax is considered preferable to stamp duty due to its efficiency, equity, impact on speculation, and potential influence on affordable housing. Benefits of Land Tax Over Stamp Duty One key advantage of land tax lies in its efficiency. Unlike stamp duty, a lump-sum tax...
Economic Climate The Russian economy mainly depends on oil and gas exports since this country is rich in these resources and is one of the leaders in the world market. Accordingly, the national currency, macroeconomic indicators of inflation, or the critical rate are adjusted depending on the dynamics of oil...
Market dynamics are based on the interaction between supply and demand. The need for a steady supply of power increases as the world’s population rises and urbanizes. The utility sector, with electricity as a good example, is crucial to this knowledge. To highlight how important the electricity sector is to...
Introduction Embarking on a virtual journey through Bloomberg’s rates and bonds webpage, we’ll explore the dynamic world of global interest rates, delve into the importance of the Yield Curve, dissect the causes and consequences of an Inverted Yield Curve, and unravel how market interest rates sway bond prices and yields....
Introduction The housing market is an integral part of any economy across the globe, encompassing a wide range of activities, including construction, buying, selling, and renting of houses. Over the last five years, the housing market has experienced significant changes, particularly in demand and supply. Such changes can be attributed...
Introduction The American company Occidental Petroleum Corporation, frequently referred to as Oxy, is involved in global hydrocarbon exploration. It primarily operates in a number of industries, including the chemical and oil and gas sectors (Oxy, n.d.a). Around the world, particularly in the Middle East, Africa, and Latin America, Oxy manages...
Introduction Investing is a great way to build wealth and generate income, and there are many different types of investment vehicles available to help investors reach their financial goals. They vary in terms of risk, liquidity, and return on investment and include short-term investments, stocks, fixed-income investments, exchange-traded funds, and...
Introduction Economic, political, and social processes in society can have a significant impact on how the financial and business sphere develops in the country. With various major shocks, crises, or vice versa, great discoveries can become a significant test for the country’s economy. Their influence can have a negative effect...
Examining Economic Trends: Is Texas Heading Toward a Recession? There are signs of recession in Texas, but people do not feel it yet. Instead, they are concerned about other relevant issues. According to the journalists, despite the signs of the recession in Texas, things are going well (KVUE.). For instance,...
Introduction Innovation economics is a relatively young and expanding area of practical and theoretical economics that places a strong emphasis on innovative thinking and entrepreneurial activity. It includes putting any innovation, particularly one of a technological nature, to use for commercial purposes (Uzunidis, Kasmi, and Adatto, 2021). In the U.S....
Introduction Rare, important, and directive strategic decisions determine an organization’s long-term course. Leaders rely on policies to help them evaluate and make strategic decisions since they greatly impact the entire business. This paper examines a recent strategic choice made by the Bank of Canada. Furthermore, it considers the decision’s level,...
Introduction Clark Dale, a pronounced specialist in investments and portfolio management, now faces a choice of strategy. It’s about hedging a treasury bond portfolio worth $15 million. Clark is considering using treasury bond futures. His decision will ultimately be either successful or lead to unnecessary losses. Thoughts about hedging strategy...
Introduction The term stock market pertains to the marketplace where purchases and sales of shares and other securities happen. This essay discusses the seven steps to follow when investing in a surging stock market. The outcome of a diversified shares portfolio is relatively stable in the stock market (WSJ, 2014)....
Introduction Creating a portfolio that would yield high returns during economic growth and recessions is complicated. This situation is because past performance does not always set the ideal foundation for predictions, and many geopolitical, social, and economic factors can lead to significant changes. Kane and colleagues (2021, p.11) mention that...
Country Information Country name: Italy; Population size and age structure: 61,021,855, where 64.61% are people of 15-64 years, 12.08% – 0-14 years, and 23.31% – 65+; Government type: parliamentary republic; Legal system: civil law system; The size of the economy (GDP): $2.478 trillion (2021); GDP growth rate: 6.74% (2021); Major...
A Sample Line-Item Budget for a Human Services Organization The sample budget for the fiscal year 2023/2024 for the East Los Angeles College Foundation (ELACF) is based on the comparison to the fiscal year 2018/2019 budget, considering rising costs and expenses, as well as an increased income. The fiscal year...
Overview of the Houston City Budget The Houston budget is approved by the City Council annually. The procedure involves discussing all critical issues and amending budget items such as the police, fire departments, and, for example, solid waste management. Each city has different specifics and dynamics of financial requirements –...
Introduction The topic for the discussion is whether raising the national minimum wage is harmful to the economy. The argument put up by proponents of the hike is that raising the minimum wage will improve the conditions for workers’ social security. However, others opposed to the hike also contend that...
Introduction Investing in bonds is common among risk-averse investors seeking to mitigate risks on principal amount and income. However, selecting the optimal bond mix is challenging, given the impact of taxes on bonds. This essay will explore the concept of taxable equivalent yield and compare the DES Corporate Bond with...
Introduction Financial planning is one of the critical tools of conscious living, allowing one to forecast expenses and assess risks. An approach in which an individual can manage money wisely and create an environment in which finances can multiply allows one to create greater freedom of action and be prepared...
Measuring GDP Performance: Analyzing Sequential and Year-to-Year Data It is crucial to gauge the performance of sequential and year-to-year data when assessing important macroeconomics to determine GDP growth or decline. Sequential data, which contrasts current economic performance with the previous quarter, can be used to spot trends in the near...
Introduction Target-date funds are investment tools that allow pensioners to significantly simplify the accumulation of pension funds and make it easier to access them. These funds are an interconnected system that can automatically adjust the assets contained in the funds. This is done in parallel as the investor approaches their...
Introduction In the modern economy and investment analytics, two methods of stock estimation are used more and more often – the assessment of dividend discounted and the discounted monetary model. Both models differ in the principles for stock valuation and yield different results. In practice, both models are used to...
Introduction The paradox between capitalism and bank regulation is perhaps one of the most debated topics in financial circles. A capitalist nation such as the United States has adopted a regulatory framework that controls institutions in the financial sector and limits their participation in a free-market economy guided by supply...
Introduction The forward foreign exchange market is a crucial component of the global financial system because it enables individuals, businesses, and governments to mitigate the risks associated with currency exchange rate fluctuations. This market allows parties to purchase and sell currencies at a predetermined price for future delivery, providing a...
The Laffer Curve The concept of tax incentives is widely used in economic theory, political economy, finance, and various specific economic disciplines. One of the key concepts of this aspect is the Laffer curve – this is a graph of the dependence of the volume of government revenues on the...
Introduction The Market Crash of 1929 is classified as one of the climatic events that marked the end of one age and the beginning of another. This is because the U.S. economy, which was booming, was forced to a sudden reversal leading to the massive crash. The Stock Market Crash,...
The Role and Impact of Base Interest Rates (LIBOR and SONIA) on Corporates and Individuals Central banks such as the Federal Reserve mainly use a base rate interest to control borrowing rates and encourage or discourage spending. Base rate interests are defined as interest rates that a central Bank charges...
Abstract The rising inflation affects the UK housing market and has caused significant fluctuations. Research findings report that the current inflation rate is 9%, an increase of more than 1.5% from the previous year’s recorded rates. However, the trend in the increasing rate of inflation has been experienced for the...
Introduction The U.S. central banking system, known as the Fed, is responsible for monetary policy and regulation. The Federal Reserve Act was enacted in 1913 to establish the Federal Reserve, which functions as the central Bank of the United States. The Federal Reserve has several responsibilities, including maintaining a stable...
Introduction Of great importance is a correct understanding of the cause-and-effect relationships that determine the dynamics of the price of oil, which directly affects the prices of other types of products, both exported and consumed domestically. The dynamics of the price are characterized by periods of sharp ups and downs,...
Introduction This memorandum report identifies and explains key microeconomic principles using a set of simulation games. The outcome of these games illustrate how microeconomic principles can be applied within real-life situations to help us make better business decisions. This report is a summary of the simulations I played and their...
Introduction As a travel agency, 4D Travel (Dalal’s Deliciously Delirious Departures) plays a crucial role in the tourism industry by providing tailored travel packages to meet clients’ diverse needs and preferences. These packages streamline the travel planning process and offer significant cost savings by bundling essential components such as transportation...
Introduction Bernie Sanders’ wealth tax would essentially be a tax on the wealthiest Americans’ net assets. The proposed plan would impose a 1% yearly tax on households with a net worth of $32 million or more, and an 8% annual tax on households with a net worth of $10 billion...
Introduction It is no secret that the Great Depression (1929-1933) was the most significant and prolonged U.S. economic recession, which developed into a global financial crisis. It was synchronous and comprehensive, affecting virtually all spheres of society, and it got its name from the emotional state in which people were....
Introduction Exchange rate risk refers to the potential financial loss that a firm may experience due to fluctuations in exchange rates. Firms with international operations or cross-border transactions are exposed to exchange rate risk, which can negatively impact their profits. In order to mitigate this risk, firms use various hedging...
Introduction Growing income inequality in advanced countries has drawn more attention to and concern due to the widening gap between the wealthy and the poor. This essay will examine the various reasons for income disparity to argue that these causes have come together to create a system that has enabled...
Analysis of Expenditures Given the numbers provided in the 2022/23 medium-term and expenditure framework, the municipality will adhere to its allocated budget during the MTREF. Even if the budget is financed, there is evidence that this municipality is not producing sufficient money to support its operational expenditures, not to mention...
