2547 samples of this type
The competitiveness of a country is determined by the competitiveness of enterprises, industries, types of economic activity, clusters, municipalities, regions. However, the company’s competitiveness is affected by the national competitiveness in which it operates. Almost every sector of the economy contains the following five factors of competitiveness, including quality, price,...
Production and Costs The Walmart-branded Equate pharmacy and beauty product line is the target product to analyze. These products are presented in a wide range and include cosmetic goods for body care and therapeutic drugs to maintain health (“Quality care begins here,” 2020). The factors involved in the production process...
Several towns have tremendous influence not only within one country but throughout the world. Cities like these are critical to entire regions, with cultural, economic and political impact. Often, they have a rich history, which is why most of the global cities are vital settlements of the most developed world...
Introduction Inflation is a highly contentious issue. This is due to its economic implications. For instance, if not regulated, inflation has the potential of crippling a country’s economy. As a result of this, governments are always coming up with policies and strategies to ensure that it remains at manageable levels,...
Introduction Selection of market securities that would be included in a certain investment portfolio requires scanning of various instruments in diverse financial markets. The markets from which the market instruments are picked include the capital market and the money market (Jordan, Miller, & Dolvin, 2012).The capital market is involved in...
The concept of conscious capitalism supports fair trade and is relevant to many types of businesses. The approach hinges on the philosophy that commercial activities can elevate humanity if they are executed cautiously through socially responsible economic and political practices. According to Kotler (2016), conscious capitalism entails a relationship between...
Capital controls are critical for any country, including Venezuela, as they provide an opportunity to have a particular rate of exchange for a long time without a threat for the reserves of both hard and foreign currencies (Schulze, 2000). Unfortunately, such control is rather expensive for the investors, which makes...
Ray Ball proposes several lessons about market efficiency that people can learn from the global financial crisis. Among the lessons are the limitations to the efficient market hypothesis, which, according to Ball (2009), is silent on the supply side of the information market. This argument means that the theory of...
Introduction Briarwood Medical Equipment (BME), is facing a dilemma of raising capital for its expansion needs. Given that they need to raise an amount of $250 thousand to finance the expansion and the options available, which are raising new shares and obtaining external sources of finance. It appears that they...
This paper seeks to logically discuss and critique the modern portfolio theory (MTP) that emerged in the 1950s as the brain child theory of Harry Markowitz who spearheaded its advocacy as being the first scientific means to quantify investment risks. What was meant by this was that if the concept...
The economy and governance of the United States are based on ultimate documentation and strategies created in the past centuries and still provide the citizens with profound guidance. One of the brightest examples of such bills is the Debate of the American System, created by Henry Clay in 1832 (United...
Information technology is constantly developing, building on previous innovations, adjusting not only to market trends but also to the changing economic environment. The digital economy is a key factor in the development and rise of the global economy in modern realities. Therefore, there is a growing interest in cryptocurrency, which...
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 Finland has a long history, with its people having rich cultural heritage, strong economic background, and a relatively stable political environment. The country enjoys a close relationship with the United States, particularly because of its geographical location and history. The country is endowed with numerous natural resources, which have...
Introduction Currently, Hong Kong primarily derives its tax revenue from the Salaries Tax and the Profits Tax, this makes up approximately two-thirds of the total revenue from tax collection in Hong Kong (Arnold & McIntyre, 2002). The existing tax base of Hong Kong is extremely contracted, only 35 percent of...
Introduction The purpose of this report study is to determine the reason as to why the United Kingdom decided to stand apart from the unification of European currencies as well as to determine as to whether the decision was beneficial to the United Kingdom.Also the purpose of the study determines...
The rate at which the use of computers in Africa is growing so fast. There is an increase in the need for computers plus their accessories in countries like Kenya. Educational institutions, the public, and the private sectors are all undergoing computerization. There dire need for computers to enhance efficiency...
Introduction The numbers of risks that private homes face is immense hence making it appropriate for many with private homes to insure their property. The type of insurance that covers private homes is normally referred to as a homeowner’s insurance or property insurance (Gron, 1994). Home insurance is very popular...
In his article entitled “When and Why Nationalism Beats Globalism,” Jonathan Haidt explains why right-wing populism is increasingly gaining popularity in Western democracies. The article starts with the author citing the rise of Donald Trump in the US and the assortment of right-wing parties in Europe following the June 23...
A conventional company is divided into different departments. Each of them faces unique challenges that vary depending on the nature of its processes. One of them is the financial department. Some of the issues faced by managers in this arm of an organization have to do with cash flow, approval...
The Japanese yen is one of the most important currencies in the world. It is also one of the most popular currencies for trading. During the last ten years, the yen has seen several ups and downs, as the exchange rate to the US dollar has been ranging significantly. Various...
Today, most of the countries do not possess pure capitalism but a mixture of free market and governmental regulations of the businesses. Owning a business in a mixed economy structure can be very challenging due to government intervention in the economy. In contrast, operating a small business in an ideal...
Abstract Despite many attempts to control the escalating global fuel prices, the efforts have proved to be fruitless. This study proposal examines the history of fuel prices, how they have changed over the years and the subsequent effects that are likely to come along with these increased fuel prices. The...
The capitalist system is a generally accepted norm which functions successfully in the modern world. However, Marx presented the alienation of labor, which is one of the capitalist features, as the process is contrary to human nature (Vidal et al., 2019). The reason for the emergence of such a phenomenon...
Causes of Subprime crisis The federal reserves in the year 2001 started reducing the interest rates for federal funds, which went as low as 1% by the year 2003. When the interest rates went down, it was a chance for investors to borrow money at a low cost so that...
A key component of stable economic growth is a stable currency exchange rate. In recent times, there has been a debate about the economic benefits of fixed and floating exchange rates. One advantage of floating exchange rates is that it frees the macroeconomic policy from taking care of the exchange...
The 21st business environment has changed the way business is conducted and the fundamentals underlying the performance measurements, thanks to the advancement of technology and globalization. Most organizations have shifted from the traditional financial accounting practices to the more advanced and reliable managerial accounting. Moreover, focus has shifted from traditional...
Purchasing a home is often challenging as buyers can encounter many unforeseen issues, especially if they do not research the market, the seller, or the property’s history. Moreover, real estate is not only a place for living – it is also an investment opportunity. Thus, it is vital for one...
Introduction In addition to an income statement and a balance sheet statement, a cash flow statement is used in order to conclude regarding the generation and distribution of cash in a company. The analysis of this statement is important to examine possible changes in the cash flows related to a...
The market is not a constant structure, but an ever-changing and complex construct. The well-known ideals of monopolistic and competitive markets are not as widely applicable as they would seem at first glance. Monopolistic competition and oligopoly are examples of mixed market systems. In terms of output and pricing, they...
In general, globalization may be defined as the process of integration and interaction among countries worldwide and the growing interdependence of their economies, populations, and cultures. Globalization is stimulated by international trade-in technologies, products, and services and the flows of people, investment, and information. That is why the development of...
Economic globalization is an ongoing process that creates both opportunities for the growth of big cities with their corporations and problems for smaller businesses and citizens. Such an outcome is complemented by the emergence of the so-called centrality. This concept explains the prevalent role of cities in the matter and...
The determination of the international pricing policy is essential for the management team of an enterprise that wants to develop its activities abroad and set a long-term vision for the new markets. Pricing, as part of marketing policy, has a direct impact on the dynamics of sales and profitability, a...
Executive summary Government spending is a significant determinant of economic development. It greatly affects the direction and speed of the economic development of the country. The main source of funds for the expenditure is taxes. Government spending ensures the provision of essential services while addressing gaps in the market, the...
Introduction Globalization is a term that is widely used in the in-depth study of tourism trends. Globalization is usually driven by a combination of political, economic, biological, socio-cultural, and technological factors. It enables countries to share and circulate different ideas, cultures, and languages. The effects of globalization in people traveling...
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...
Silicon Valley grew very fast because of its technological specialization and innovative corporate culture. The firms and individuals in Silicon Valley showed a strong tradition of innovation and cooperation. There was coordinated focus on manufacture of hardware, development of software and capital investment. Several economic development strategies converged to benefit...
Unemployment is one of the greatest social evils in our society today. This is because of the unfriendly impacts it has on the economy. Unemployment brings about poverty and hopelessness among individuals in society. In addition, weird behavior is also encouraged by this phenomenon. For instance, stealing and robbery cases...
This is a research paper on market power which is a part of managerial economy. It starts with defining the topic and area of research, later getting into the path for recognition of different aspects and scopes of the topic. The major ideologies linked with market power are stated and...
The dependence effect refers to the way people’s wants are hinged on the process by which they are satisfied (Galbraith 159). Galbraith in his book explains the notion of dependence effect, in an attempt to criticize the economic outlook of demand theory that wants do exist on their own. This...
Introducton Procter and gamble company began its operations in the year 1837 and immediately after the Second World War it globalized its operations. P&G as it has come to be known focuses on transforming slow-moving products into promising business ventures. The company has been said to concentrate on its core...
Government Spending Is No Free Lunch: Now The Democrats Are Peddling Voodoo Economics The writer begins by describing the 1980 economics. He has described the current form of government spending as demand sighted. He has described the current multiplier effect as 1.0. The l Gross National Product is equated to...
Introduction Every countries dream is to have an ideal economy but what it is, is not well outlined. In this essay, I shall be discussing this ideal economy, its features, and what is expected from this ideal economy by different stakeholders. For an economy to be ideal the gross domestic...
Introduction Price discrimination is the process by which a firm charges different prices to different groups of people for the same good. The firms that practice price discrimination have the market power. This means that they have the ability to raise the price of commodities without losing all demand. Such...
Introduction The term globalization emerged as an offshoot of the high-technology tools that have sprung these past decades – computers, the internet, Information Technology. We can connect and conduct business with the rest of the world so easily. With just a computer with an internet connection, indefinite access can be...
Introduction The presence of multinational corporations in developing countries has been viewed both as an advantage and disadvantage. The resulting resource gap in countries in the global south may be viewed as a need to increase the possibility for more foreign investment. In addition, these corporations are looking for locations...
Abstract Much can be said about the differences and similarities of the IMF and WB. But that is not the concentration of this paper. Instead, this paper shall concentrate and focus on the various functions that fall upon the International Monetary Fund as a part of the world economic foundation....
1. Top Choice Investments have given you £2,000,000 to invest for them. The funds can be invested in one or more projects. These projects are all indivisible. The investors require a minimum return of 25% and they are high-risk takers. Details of the projects are as follows. Correlation coefficients between...
Introduction This paper seeks to analyze whether it is a good idea to convert fixed cots to variable costs for Claire’s Antiques. This will also discuss when it is proper to convert fixed cost to variable cost and will identify the types of costs that Claire’s Antiques would probably incur...
Reflect on what you have learned about the model of supply and demand (market analysis) from taking this course Exogenous factors, which are taken as constant factors when market demand and supply are determined, can change as a result of the external environmental factors. These changes have substantial effects on...
Introduction International trade is the exchanging of goods and services among different countries. The stimulation will help identify the reasons of international trade and know the countries that are the best for me to trade with. In this simulation i will consider a very large country in terms of level...
Introduction Bhutan is a landlocked country located in Southern Asia, between China and India. Presently, it is classified as one of the Least Developed Countries (LDC). Close connections with India were conditioned by the 1949 treaty allowing Delhi to influence over Bhutan’s foreign relations. The aftermath of the treaty is...
Economic development varies from one country to another depending on the nature of economic and non-economic factors. These factors determine the quantity of goods and services that a country generates in a given period, as well as the trend of the real gross domestic product (GDP). Capital, technology, population, and...
Introduction The presented paper aims to analyze the implications of China’s trade policy for the global economy. The significance of the topic is determined by the fact that China has become one of the largest trading powers within several decades and plays a vital role in the world’s economy. The...
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...
Introduction The development and survival of corporations in the globalized and expanding market depend on their capacity to satisfy customers. Consumer fulfillment pivot on recognizing, understanding, and executing the advertising techniques, data on the behavior consumers display in processing, handling, utilizing, and discarding goods to satisfy their requirements and needs....
The modern world in its social, political, and economic manifestations has gone through a series of ideological changes throughout centuries of its existence. Overall, the search for an ideal type of government has always been a never-ending process due to the evolution of thought and constant willingness to change the...
Executive Summary Venezuela is located in Latin America, and its gross domestic product (GDP) significantly depends on the country’s oil and gas industry. The current economic and political situation in the country is unstable, characterized by hyperinflation, high levels of bureaucracy, governmental restrictions for businesses, high levels of poverty and...
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 to the Case The case associated with North Carolina increasing its import taxes to 25% on foreign-manufactured furniture and textiles calls for the exploration of the North American Free Trade Agreement (NAFTA). The agreement was signed for reducing or completely eliminating the majority of duties, taxes, and other forms...
Introduction: The Issue Divorcing a strong and powerful economic community is a rather controversial decision that will inadvertently cause significant internal and external conflicts for any state. The case of Brexit proves that the refusal to be a part of the European Union (EU) is fraught with serious consequences that...
Research Question What is the effect of the real exchange rate and interest rate in the UK and US banking sectors during a financial crisis? Research Hypotheses Ho: The real exchange rate and interest rate has no effect in the UK and US banking sector during a financial crisis. Ha:...
The IASB framework for the preparation and presentation of financial statements outlines the concepts underlying the preparation and presentation of financial statements by external users (Deloitte 2008). The framework assists the board in the formulation of accounting standards and seeks to resolve issues that are not addressed directly in the...
Following the interview between a member of our research team and one of the directors of a bank, a multinational bank with branches all over the world, we were able to deduce the firm’s goals as follows; The vision is to be the champion of the socio-economic prosperity of the...
External factors such as Consumer Price Index (CPI), consumer behavior, and inflation rate play a very important role in stimulating economic growth. For instance, the rate of inflation of a given economy will affect its growth since a high inflation rate may lead to low economic growth. Though internal factors...
Executive Summary This report carries an in-depth analysis of Topshop and Matalan in order to help Caifu to choose the best company to buy stocks. The report noted that both companies are facing decreasing sales due to the deflationary crisis in the UK. However, Matalan has poor management, which has...
Introduction It is apparent that entering an emerging market has a significant potential due to various advantages such as the increasing economic growth, the absence of serious competition, et cetera. However, it is also evident that numerous problems can occur in the process of entering. Therefore, it is essential to...
Introduction The shape and structure of most modern markets are shaped by market power and competition. Market power stands for the strength of a company or a product in a particular market. All companies seek to increase their market power, which results in competition. In economics, the four Ps of...
Introduction Aggregate demand is normally understood in the context of the total value of goods and services demanded by a given group of consumers at a given period and a given price (Brux 2007, p. 375). In other words, aggregate demand essentially refers to the value of goods and services...
Gross Domestic Product (GDP) is considered an indicator of the overall economic wellbeing of the country. It should give a representation of the general welfare of the nation as the higher the level of production, the higher the country’s well-being. However, GDP does not reflect the social state of the...
The entry strategy chosen for Emaar is FDI or foreign direct investment. This strategy was selected due to the specific economic state of Kazakhstan, which will supposedly soon enjoy steady economic growth but remain to be a developing country. For Emaar, a company that is present in more than 30...
Causes of the 2007-2008 Economic Crisis The economic crisis of 2007-2008 had the most far-reaching financial repercussions for the U.S. economy since the Great Depression (Helleiner 2011). The significant increase in sub-prime mortgage defaults caused the bursting of a housing bubble. As a result of the growth in the number...
Introduction PepsiCo is a corporation that includes a number of brands selling processed foods and beverages. The most famous products of the company include Pepsi-Cola, Mountain Dew, Cheetos, Doritos, and Lay’s. Other recognizable names are Tropicana, 7 Up, Lipton tea, and Mirinda (The Street 2017). The current state of the...
Introduction The concept of internationalisation emerges from an attempt by companies to expand their enterprises beyond their primary markets (Liker & Meier 2005). Although researchers rarely agree on what internationalisation entails, many of them have developed different theories to explain the process (Ramanathan 2009). Common theories include the absolute cost...
Introduction Import substitution industrialization (ISI) is a “trade and economic policy based on the premise that a country should reduce its dependence on imports through local production of industrial goods” (Barrett, 2008, p. 96). Countries that pursue the ISI strategy often implement trade protection policies that restrict importation of manufactured...
David Ricardo was a modern orthodox economist whose main ideas centered on positive economics. He is notable for his contribution in economics during the classical period of economics. The period lasted about 100 years and his book “On the Principles of Political Economy and Taxation” that was published in 1817...
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...
Big Mac Prices from All over the World: Minor Discrepancies Despite the fact that a lot of people view a clear connection between McDonald’s and the current economic state of the U.S., the assumption that the McDonald’s fast food affects the economy of the United States is wrong – instead,...
Executive Summary Stock research essentially involves arriving at precise inferences on particular securities’ worth, based on the gathered legitimate information and the subsequent release of this information to investors. However, investment banks have an incentive to trade by buying undervalued stocks and selling highly-priced ones against the instructions of the...
Markets and Resource Allocation Wheelan describes the mechanisms of the modern economic world as “mind-numbingly” complex ones (4). However, they are supposed to lead to the perfectly reasonable and profitable allocation of finite resources. It is so because economists assume that all the actions of people are directed at becoming...
Introduction Financial ratios are used to predict the liquidity, solvency profitability, as well as the performance of a given company within a specified period. Thus, investors and other shareholders need to understand accurately the meaning of each ratio before making any investment related decision (Lewellen, 2004). This paper provides an...
Industrialization is a process of the fast development of the industry of a certain state in a certain period. Usually, it is determined by a set of reasons which exists at the current stage of development of a country. This phenomenon could be found in the history of each developed...
The Japan-US relations have been a complex issue for a long period of time. The problems based on the idea of the American military bases on the territory of Japan, Okinawa in particular, caused a number of discussions as it had a certain impact on the country’s economic and political...
In an ailing economy and threats of frequent economic crises, one of the main areas of interest is the idea of tax reforms. Some scholars argue, within the context of classical versus Keynesian economic theories, that the ailing economy is a strong incentive for implementing tax reforms to reduce the...
Abstract The paper outlines the primary challenges of Zimbabwe economic system and provides a consistent account of inefficient economic strategies that disrupt the country’s well-being. The notion of Mugabenomics is reviewed in the case study. Due to the findings of the case, there is a threat of Zimbabwe becoming the...
Introduction Financial stability of any company helps in creating good reputation that could be considered by banks for future loans. The management team should focus on strengths since this is the core that determines the status of each section of the company. Calculations on financial ratios are basically derived from...
Article Summary The Saudi Vision 2030 takes up different perspectives and directions within the diverse spheres it influences. The study by Amran et al. (2020) reviews the current status and future projection of renewable and sustainable energy (RnSE) technologies in Saudi Arabia that align with the Saudi Vision 2030. Due...
Consumer Society Consumer society is a society where individuals frequently purchase brand-new items and put an emphasis on possessions. Today’s society is frequently referred to as a consumer society in that engagement in consumer decision-making is seen as a means of acquiring personality and prestige and achieving inclusivity or absorption....
Introduction Commodity pricing strategies differ from one market structure to another. According to Francis (2020), a market structure is the fundamental element of a system for exchanging goods and services. Besides, the existence of a market depends on the availability of potential customers and sellers, goods or services, rivalry among...
Introduction Immigration is an integral part of the U.S. economy, as many local companies rely on employees who have moved from abroad. The influence of migrants on the improvement or degradation of certain areas of industry and innovation should be investigated, as the country’s development depends on it. At the...
Introduction The United States experienced an astonishing number of Regional Bank failures in 2023. This incident exposed possible weaknesses in the banking system and sent shockwaves through the financial sector. In March of the same year, Janet Yellen, the Treasury Secretary, addressed the public, focusing on the nation’s challenges and...
Abstract Customer satisfaction ranking has declined, particularly in North American airlines, following the COVID-19 outbreak. The decline in overall consumer satisfaction has been attributed to many issues, which numerous studies have covered. Nevertheless, customers’ preferences regarding seating have never been considered in any research that has been carried out. As...
Abstract This research paper conducts a critical analysis of Japan’s so-called “Lost Decades,” or the years from 1990 to the present. The phrase “Lost Decades” refers to a prolonged period of stagnation and economic decline, accompanied by significant social and cultural shifts. This essay examines the social and economic norms...
Introduction The lack of affordable housing in the United States is a significant issue that has had profound effects on the country’s citizens. With the cost of housing in many cities becoming increasingly unaffordable, an increasing number of people are struggling to maintain a roof over their heads. This problem...
The Influence of Weather on Investment Behavior The stock market and investment are delicate matters that various factors can destabilize. When working with investments and stocks, it is crucial to consider all factors that can impact the market. If these elements are not analyzed or regarded properly, it could lead...
Summary of the Bank of Canada Monetary Policy Report The most crucial problem of steady inflation growth is the discrepancy between supply and demand for goods and services. Core inflation has remained excessively elevated since 2022 (Broverman, 2022). There is a tendency for inflation to take root, so the government...
Introduction This paper contains an analysis of the differences between private, merit, and public goods in the management of the economy of the United Kingdom (UK). Public goods have a close relationship with private goods based on the levels of efficiency associated with their processes and activities (Krugman & Wells,...
The Role of Hypothesis Testing in Economic Models Hypothesizing regarding possible economic developments in different markets can provide an understanding of the current state of an industry. While simplifications are inevitable for such an analysis, economic variables included in this process can hint toward available courses of action (Hubbard &...
Buy-to-Let Investment: Strategies, Benefits, and Risks Buy-to-let (BTL) investors are people or businesses that buy residential properties, primarily renting them to renters rather than living in them themselves. With this investment approach, income is produced through leasing fees, with the possibility of long-term gains from property improvement. To diversify investment...
Introduction Technology has played a critical role in advancing financial inclusion globally. According to Boitan and Marchewka-Bartkowiak (2021), millions of people who previously lacked access to financial products, such as savings accounts, investment accounts, and loan products, can now obtain them through emerging technologies. Financial technology, often referred to as...
Background The article “Donation-based crowdfunding with refund bonuses” by Timothy N. Casson and Robertas Zubrickas was published in the European Economic Review journal in 2019. It is concerned with improving the crowdfunding model as an alternative for public projects, with the proposed solution being increased refunds to individuals who have...
Introduction I disagree with the idea of the effectiveness of free trade, which has been proposed as a solution for numerous economic issues. According to free trade, nations should be allowed to trade without limitations or impediments (Department of Foreign Affairs and Trade, n.d.). While, in principle, it is practiced...
Introduction The 2008 financial disaster was a severe international economic disaster in the early twenty-first century. It led to the Great Recession, which proved to be the most serious global recession after the Great Depression. Furthermore, it was followed by the European debt crisis, which began with a deficit in...
Choosing a Global Societal Issue Unemployment and lack of economic opportunities are severe societal problems that require close attention to address their consequences. The interrelationships between economic, social, and political factors are important in creating a favorable environment for citizens. They are critical to achieving sustainable development goals in society...
Introduction This report aims to provide a comparative analysis of the Cumberland Council and the various other councils in the Sidney region. The report examines various facts and figures about the council, including geographical and demographic information about the Cumberland Council. Upon gathering the information and data, it is compared...
Introduction The Federal Reserve, also known as the Fed, is the country’s central bank. The Federal Reserve Act aims to maintain the stability of the United States’ financial system and foster economic growth (Zhao 176). It is the most powerful economic organization in the world and is primarily responsible for...
Introduction The world’s nations implemented and changed their economic and political systems throughout the centuries. Three economic models are the most discussed, debated, and analyzed in the latest decades: capitalism, socialism, and communism. While these approaches are starkly different, many states have found a way to implement some elements of...
Understanding the Six-Year Tax Assessment Period for Gross Income Omissions “Gross income omissions and the 6-year tax assessment period” discusses the complex statute of limitations for tax assessment. The main question addressed in this article is how long the Internal Revenue Service (IRS) can access the taxpayer’s history. The explanation...
Risks and Post-Shipment Finance Specific risks are associated with import transactions in international trade. For instance, the purchased goods may not meet the stipulations in the contract of sale. This occurs because importers seldom have the opportunity to inspect the goods before they are sent to their destinations. If an...
Legal Challenge Against IRS PTIN Fees and Court Ruling The article “IRS must refund excessive PTIN fees it charged” discusses a case of a district court ruling that the IRS overcharged for services related to return preparation. According to the author, the IRS was ordered to reimburse the increased costs...
Limitations of GDP Measure Gross domestic product (GDP) is one of the leading indicators of how successfully and productively a country conducts its economic activities. This aspect substitutes the “market value of all final goods and services produced within a nation during a specific period—typically, a year” (Coppock & Mateer,...
Introduction Robots and self-learning machines are becoming increasingly common and affordable means of gaining a competitive edge. These allow one to produce faster and save more efficiently in many industries. People of all social strata are concerned about the hypothetical adverse effects of automation. One of them is Bill Gates,...
Identification of a Local Social Problem The housing problem has become a subject of heated social, economic, and political debates in Montgomery County, Maryland. The roots of the issue can be traced back to the 1960s, when Montgomery used to be a quiet bedroom community predominantly populated by white American...
Introduction Investing in stocks can be a lucrative venture, but it comes with its fair share of risks and uncertainties. Understanding the relationship between risk and return is pivotal for investors to make informed decisions that can maximize returns and minimize risks. This paper aims to discuss the crucial aspects...
Introduction Central banks are among the primary entities worldwide that support the health of a country’s economy. Without a central bank, any country would face uncontrollable inflation, unemployment, and potential economic disruptions. As a result, central banks’ responsibilities include maintaining a steady level of inflation, ensuring a stable level of...
Problem Presentation Unemployment and lack of economic opportunities are severe problems in today’s society. They can have long-term consequences for people who are unable to earn a consistently high and stable income. Thus, these factors negatively affect all aspects of the state since unemployed citizens cannot always pay taxes. The...
Introduction Transnational waterways are crucial to international trade; even minor mishaps can lead to a significant network collapse. Still, canals provide shorter transit mileage, less time, and reduced vessel operating expenses. The Ever Given, one of the largest cargo vessels ever constructed that is taller than a skyscraper in length,...
Introduction The financial health of a nation is closely tied to the educational status of its citizens, which in turn is deeply linked with a specific student loan system adopted in the United States. According to experts, student loans, designed to increase access to higher education significantly, have created a...
Introduction Multiple companies producing a relatively tiny portion of the market’s overall production can be found in a competitive market. As a result, no single company substantially influences the market price. In this scenario, businesses compete with one another by lowering their prices to get clients, and they base their...
Introduction Global political economics is an integrated science that studies the global interaction of economic and political forces. Three main theoretical approaches to the global political economy are liberalism, mercantilism, and radicalism. Each approach has its characteristics and advantages, but the first best describes the state of international trade relations....
Epidemiology and Impacts Homelessness and its health effects represent well-known problems in the U.S. As for the epidemiology/prevalence, over 582,000 people, which is every 18 out of 100,000 U.S. citizens, experienced a lack of housing in 2022 (De Sousa et al., 2022). Regarding morbidity, homelessness predisposes individuals to cancer, substance...
The 0.95 MPC in Terms of Consumption The marginal propensity to consume (MPC) measures the proportional increase in discretionary expenditure caused by a change in consumer income. The formula is as follows: change in income is divided by the change in consumption. With an MPC of 0.95, 95 cents of...
Introduction The Panic of 1907 and the Great Recession of 2007-2009 were both significant financial crises that had profound impacts on the U.S. economy. Similarities A key similarity between the two events is the role of financial contagion and the subsequent loss of confidence in the banking system. In 1907,...
Atlanta Analyzing its tax burden, Atlanta, Georgia’s minimum 2023 sales tax rate is 8.9%. The combined state, county, and city sales taxes are shown here. 4% is the current sales tax in Georgia, and the county levies a 3% sales tax (Atlanta, Georgia Sales Tax Rate, n.d.). Atlanta, GA, had...
Identification of a Global Societal Issue to Study A problem that people in the modern world encounter is the need for better jobs and prosperous economic prospects. Several reasons contribute to unemployment and a lack of economic opportunities. One challenge is that academic institutions offer courses to prepare students for...
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...
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 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,...
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 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...
Introduction The robust banking system is based on the strength of the leading financial organizations. Among the most well-known banks are J.P. Morgan, Bank of America, Citibank, and Wells Fargo. However, behind the veneer of success and unbreakable nature are countless scandals, undermining the reputation of each bank. From the...
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...
The Core Functions of the Bank of Hawaii The Bank of Hawaii is one of the oldest financial institutions in the country. It has operated since 1897 and is located in Honolulu (Yahoo Finance, 2023). This institution offers financial services to individuals and companies, ensuring sufficient economic activity. Retail Banking...
