2536 samples of this type
Introduction Brand-new technologies have become a critical element of the labor market and its working operations. They make it feasible for organizations to automatize the production process so as to increase the level of output and overall performance. However, with the introduction of machines, manual and routine tasks previously operated...
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 One of the most important issues studied by macroeconomics is the decision-making process and motivation, where economic incentives play an essential role. In business, policy-making, and different kinds of economic relations, incentives are believed to define people’s behavior and induce a particular reaction. Since incentives serve as the trigger...
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 This paper intends to discuss the concept of time value of money. The goal is to show that current cash flow is valued highly compared with future cash flows hence the need to compare cash flows in terms of present value and future value. Time value of money is...
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...
The first customer category that is likely to be interested in a laptop is travelers. Their primary interest would be portability, which all such products provide to some degree by default (Idemudia, 2018). As Muller (2020) adds, they are also interested in battery life and screen brightness, as they expect...
Introduction Modern society tends to substantially develop itself within the scope of discoveries, technical achievements, and improvement of social relations. Moreover, in the scientific dimension, discussions are no longer merely about the gradual transformation of historically established conditions, traditions, and trends. It is about the attainment of the so-called sustainable...
Introduction There has been a growing tendency for cooperation among Gulf Cooperation Council (GCC) countries in the development of economic and financial institutions. The manifestation of the ubiquitous nature of globalisation has increased the need for embracing standardised accounting regulations in order to improve cooperation and enhance efficiency of financial...
Introduction Investing in the financial markets is very risky and investors face the possibility of losing their money. Risk in the financial markets refers to the possibility that an investor will not get the expected returns. There are some risks which the investor can do nothing about such as recession,...
Introduction Predicting stock performance is extremely difficult and has been called a futile exercise by many people. This is because due to the inefficiency of stock markets about information asymmetry. Many of the fundamental factors affecting stock performance do not fully reflect themselves in stock prices in the Long-run or...
Introduction, Review of accounting Process and Financial Statements Generally Accepted Accounting Principles (US GAAP) US GAAP is the generally accepted accounting principles followed by companies operating in USA and or listed in the Wall Street exchange. It involves enormous volume of standards, interpretations, opinions and bulletins, formulated by the FASB...
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...
There are various methods of payment in international trade. Credit in any international trade transition is provided by the exporter, importer, bank, or a combination of these. Exporters who have sufficient cash flows can finance the entire trade cycle, starting with the production of the product by the exporter down...
State of Economy Japan has been known as one of the countries with the most advanced economy and the best-developed entrepreneurship. In 2017, Japan’s GDP reached $4.873 trillion, which made it the world’s third most economically prolific country in the world (Central Intelligence Agency). Similarly, other economic indicators have proven...
Understanding the correlation between demand and supply is one of the fundamental requirements for gaining competence in economics. The specified correlation represents the primary ratio that defines the emergence of new companies, the choice of business strategies, and the changes in communication approaches. Therefore, determining the demand and supply curve...
The Authors’ Arguments Friedrich Hayek strove to defend traditional concepts of morality in economics and fought the progressive representatives of the new era who sought to destroy the classical canons. In his book, he compares rationalizers to Christians who tolerate human sinfulness but do their best to prevent it (Hayek...
Panic-buying is a relatively common behavioral response to a crisis that people can exhibit in situations that they perceive to be dangerous and unpredictable. Yuen et al. (2020) note that this behavior was previously observed in the wake of major natural disasters, such as the Christchurch earthquake and hurricane Matthew....
Leasing is an alternative to purchasing an asset, which can be more beneficial for a business in terms of cost-efficiency. In general, there are five types of leasing agreements. The two that will be compared in this paper are – operating, financial, sale-and-leaseback, combination, and synthetic (Brigham & Ehrhardt, 2017)....
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...
Introduction Corporate Social Responsibility (CSR) denotes a firm’s practices that entail undertakings that benefit the surrounding community, for instance, offering a fraction of the business’ profits to charity, programs of environmental conservation and social welfare, and implementation of greener processes to mention a few. Currently, Corporate Social Responsibility acts as...
Introduction Globalization has been widely related to the fast-growing economies of the countries around the world. Developed countries are observed to easily catching up with the emerging trends when it comes to the economic issues of the country. As the developed countries continuously grow as a progressive countries, the developing...
The issues of globalism and nationalism are essential for modern society. Multiple researchers of globalization focus on examining its products, phenomena, and the actual processes in which globalization is manifested. They barely touch upon and illuminate the essential question about its real sources and driving forces (Steger 21). This especially...
Introduction The last twenty years have witnessed several innovations which have made several implications to the financial sector. There are many instruments that have been employed by financial institutions like banks since 1970. Some of the innovations are: butterfly spreads, Eurobonds, program trading, collateralized mortgage bonds among others. These innovations...
Many citizens of the United States of America are not satisfied with their hourly incomes. Hence, the population wants its government to raise the minimum wages in the country in order to reduce poverty. Increasing the minimum wage should help some works, and it will help stimulate the economy overall...
Introduction For any country wishing to undertake business activities across, borders, understanding culture is crucial. For international companies to be successful, in a global society they must adapt to, relate to, and understand the culture of the countries where they conduct business. Discussion Culture can be said to be the...
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...
Dear 1987 Black Monday Black Monday occurred on the 19th day of October 1987, and it greatly affected the stock market. It came to an end on Tuesday 20th with the government’s intervention. Before opening the financial market the Federal Reserve issued a short statement that said it would intervene...
Monopoly can be defined as a situation whereby a single individual or firm has adequate control when it comes to supplying a specific good or service to be able to considerably determine the conditions on which other individuals or firms will have access to them. Monopolies are characterized by an...
Introduction The article which has been selected for this particular topic is titled Global leaders are team players written by Dr. Martha L. Maznevski & Joseph J. DiStefano. Martha L. Maznevski is an Assistant Professor of Commerce at the McIntire School. Of Commerce, University of Virginia, where she teaches Organizational...
Introduction Globalization is influencing leadership because of the way it affects society through its processes. Because the transformations brought about by globalization are not always easy to identify precisely and promptly, they may be hard to take in and even where they are detected, be hard to cope with. Globalization...
An economic tool refers to methods that are utilized by economists in the analysis of various issues. Such tools include the demand and supply curves which are used to illustrate various concepts such as elasticity and conduction of marginal analysis. In the health care industry, there is a wide range...
Professor Raphael Malcolm Kaplinsky is a member of the Faculty of Mathematics, Computing and Technology at The Open University, Walton Hall, Milton Keynes. Born on 31 December 1946, he is the author of a number of books and research papers on the subject of technology, industrialization, and globalization. These incorporate...
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...
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 A monopoly is an economic situation in which only a single seller or manufacturer makes and supplies a commodity or service. In order that a monopoly is effective one of the preconditions that should exist is that there should not exist a practical substitute for the product or service...
Introduction The Global oil industry is the industry that encompasses the process of acquiring oil through exploration, extraction, refining, marketing and distribution on a global level. Oil is a major source of energy and has been referred to as ‘Black Gold’ because it is vital to many industries and the...
Abstract The nature of development and its primary concerns vary from time to time. The issues that were considered as most significant in past may not be a part of today’s key concerns. As the world crosses the premises of a new millennium, the nature of global development has considerably...
State-of-the-art of the UK startup market Recent historical market trends for startups in the UK In spite of the ongoing global financial turmoil and economic challenges faced by Europe, for years, the business environment of the United Kingdom remained not only stable but also positive, forward-looking and open for business....
Introduction In international trade, the demand and supply of currencies affect their values in the short and long term (Frieden 2016). The interest rate policies formulated by different governments to stabilize their currencies also influence supply-side economics and, by extension, the value of linked currencies (Hassan & Mano 2019). These...
Introduction The economic growth rate of a country is not constant over time, but it exhibits phases of expansion, stagnation, and decline. Fluctuation of an economy in these phases creates a business cycle that elucidates trends and offers projections of economic growth. For the last ten years since the great...
Introduction Whereas there are diverse variations of economies, planned and market economies are considered the dominant ones. It is important to emphasize that they are contrastingly different: corporations in counties with the planned economy are owned by the government, and in-market economy societies, businesses are only regulated by state bodies....
Introduction The city of Vancouver has encountered a significant problem concerning the crisis in the sphere of real estate. The prices for houses and apartments inconsistently grow to produce non-realistic costs of real estate, thus causing difficulties for the residents of Vancouver to purchase or rent accommodation. Such a critical...
Introduction The last century was marked by a spectacular battle between two powerful economic systems and ideologies: communism and capitalism. By the end of the 21st century, it has become exhaustively clear that capitalism seems to prevail and bring countries to prosperity and economic domination. Communism, on the other hand,...
For every country’s economy to be successful, there are some factors that are rather crucial. One of them is the gross domestic product, or GDP, that influences any country’s welfare and prosperity. The purpose of this paper is to provide the gross domestic product figures of the United States of...
Introduction The period from 1865 to the 1930s included a variety of processes in the country’s economy, which the government tried to control. The commonly accepted principle of non-interference started to be altered to more strict interference since laborers and businessmen asked the government to support them. The government began...
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...
Introduction Crude Oil or petroleum, as we all know is the world’s most robustly dealt commodity. In her book Oil: The Economics of Fuel, Joann Jovinelly emphasizes the importance of this source for the whole world and the USA in particular (2007). It is extracted from the earth through oil...
Globalization and the Poor In this TEDx talk show, an economist and researcher Krisztina Kis-Katos uses statistics and empirical data to show how globalization and international trade can reduce poverty levels in developing and emerging economies. Specifically, the presenter uses the case examples of Vietnam, India, and Indonesia to demonstrate...
This paper seeks to examine historical sales revenue data to establish a forecast for 2005 and 2006. The historical data exhibit quarterly seasonality, which will be verified by plotting a scatter diagram of sales revenue against time. This scatter diagram, otherwise called a time series plot, further demonstrates the trend....
With regards to the preparation of financial statements, the AICPA Code of Professional Conduct (2014) includes key points as to the knowing misrepresentation of the statements, submission of financial statements, negligence in preparation, and subordination of judgment. The knowing misrepresentation of financial statements in the course of their preparation occurs...
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...
Introduction Muhammad Yunus, Nobel Prize winner, is the founder of the Grameen banking system; he had the aim of elevating poverty through financial empowerment of the poor in the society. The idea is moving fast in developing and developed countries. This paper discusses various aspects of the Grameen banking system....
How can policies and regulations impact financial institutions? Whenever regulations are lifted, some financial institutions may most likely run into financial losses. In most cases, earnings are increased through protected monopolies. However, the introduction of policies and regulations often break this link and hence, financial institutions end up losing greatly...
Introduction The housing market of Canada is managed and governed by the Canada Mortgage and Housing Corporation. It provides up-to-date and reliable reports, which help monitor the Canadian housing market, analyze it, and make predictions about its development. This resource provides data related to the rental market, housing construction, mortgage...
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...
Finance is important to any business as it serves different functions which allow the business to run effectively. A company may need additional funds to expand its business operations or running expenses (Wright 2007). Expanding a business may include entering new markets, introducing new products and increasing annual output. New...
Abstract The current research paper dwells on the critical differences between the US and Canadian economies in order to make informed conclusions regarding the gap between consumer price indexes of the two countries. So as to do that, the researcher conducted a literature review on the subjects of product pricing...
Abstract The halo effect in business is a kind of a cognitive bias, which is created as a result of the customer’s tendency to perceive brands, companies, or products relying on the overall impression. The effect appears when the rater develops a holistic opinion before performing a detailed analysis. As...
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...
Milton Friedman’s astounding contribution to the U.S. economy is something that continues to affect the present day. One of the primary ideas he espoused focused on the value of liberalism in developing an overarching theory to govern modern society. However, Friedman lamented the fact that contemporary interpretation of the term...
Introduction The purpose of this paper is to analyse foreign direct investment (FDI) in India. FDI refers to “the net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor” (World Bank 2015). Developing countries have focused on...
Pricing strategy Price discrimination is a practice where different customers are charged different prices on goods and services that are identical. While single pricing is charging the same prices to all customers for all the goods and services being sold, in this case, customers are sure of the price and...
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...
SuperFreakonomics is a book by Steven Levitt and Stephen Dubner which serves as a follow-up to their previous work, Freakonomics. Their second work is built mostly around the premise of providing real-life examples of economic principles in a convincing and accessible manner. However, unlike the first work, which took advantage...
Article Discussion The article Advantages and disadvantages of IFRS compared to GAAP by Anna Jordan aims at giving a complete picture of the ongoing switch to the new reporting system in the United States. While the author does not summarize its statements or try to weight the listed arguments and...
Introduction As a definition, regression analysis is a statistical tool that is used to develop and approximate linear relationships among various variables. Regression analysis formulates an association between several variables. When coming up with the model, it is necessary to separate between dependent and independent variables. The model generated is...
Introduction Knowing the different roles that family members play in decision-making concerning purchases is not enough. In addition, it is important to understand why certain family members directly influence decisions of the household, while others do so indirectly. At the same time, being familiar with the latest trends in role...
Introduction Speculators in the telecommunication industry provide information on the bright future of the sector. The telecommunication industry is a wide sector in every country and calls for massive investment from both public and private investors. There are several countries, which leads to the list of the advanced countries in...
The beaver population was significantly affected by the actions of Indians. As a matter of fact, the experts argue regarding the possible reasons that caused depletion. The major purpose of the paper is to discover the economic factors of the beaver depletion in Canada in the eighteenth century. The territory...
The public budgeting leaders have the responsibility of fulfilling various roles including planning, reforming, and budgeting. Public budgeting involves three areas that are mostly dominated by the fields of economics, planning, and data sciences. Planning is used to determine goals and setting up the necessary programs to achieve them. Programming...
Introduction Before, investing, it is important to evaluate the risk-return profile of an individual security and entire portfolio. Further, when selecting a stock to include in a portfolio, it is important to take into account the concept of diversification. Diversification lowers the overall risk of a portfolio (Brigham & Michael...
Introduction The price of goods and services is one of the factors that the consumers consider before making decisions on what they need to purchase.The law of demand shows how demand of a commodity changes as own price changes. Price elasticity of demand is an indicator of the rate at...
Introduction Changes in prices of goods and services are triggered by shifts in demand and supply. In other words, prices of goods are determined by the interaction between supply and demand. Market equilibrium occurs when buyers purchase exact amounts of goods sellers are willing to sell (Welch & Welch 2009)....
Introduction – stating the problem The Office of National Statistics (ONS) says that the rate of inflation has risen to 0.2% in December 2015. It was surprising because it became the first month when the number exceeded 0.1% of January 2015. The primary causes of this increase are seen in...
Introduction Natural resources, specifically petroleum, natural gas, and minerals, have been linked to high-levels of corruption and authoritarian leadership. Bolivia, Indonesia, Belarus, and Congo among others are considered resource cursed countries (Haber and Menaldo 6). Much of political economy literature presents both theoretical and empirical arguments to understand the issue....
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,...
World Expo is regarded as an important international venue similar to the Olympics. This world exhibition is aimed at exhibiting products, trade, and innovation that can help the humanity address the major challenges it is facing (“In Depth”). The first world exhibition took place in the middle of the 19th...
Chinese Banking System In the case study under analysis, Chaudhuri (2014) pays much attention to the banking system of China and the development of different banking sectors in regards to the latest changes and requirements that may occur at the local or national level. Regarding the latest achievements, existing progress,...
The article under consideration, “India’s Booming Smartphone Market” by Sean Mclain (2015), provides information concerning the development of the smartphone market in India while pointing out the tendencies that are bound to cause the increase in the product demand in the region. Description of the Article The article describes the...
Abstract The high growth rate of demand and the high price premiums charged on organic food are the main drive of the organic food market. The U.S. organic food market is the largest in the world. In addition, demand is growing at a higher rate than in most countries. The...
Introduction The price of a commodity in the market is determined by factors such as own price, price of substitutes, price of compliments, and consumer tastes and preferences, among others. For a normal good, an increase in its price decreases its demand. Substitutes are commodities that serve the same purpose....
Poverty is defined as the state of deficiency of a certain amount of material wealth or money. In common use, it normally refers to a lack of enough food materials, safe and clean water, healthcare and education, and clothing and shelter. World poverty figures have been rising since the second...
Book Citation Chomsky, Noam. Profit Over People: Neo-liberalism and Global Order. New York: Seven Stories Press, 1999. Print. Author’s Credentials Professor Noam Chomsky is the author of the book “Profit over People”. Chomsky is a scholar who has written many books and journal articles in current affairs, politics, governance issues,...
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,...
Description of the 2008 Crisis The 2008 Global Financial Crisis (GFC) was a seismic event that shook the foundations of the global financial system and left a lasting impact on markets and economies worldwide. The crisis, which had its roots in the collapse of the US subprime mortgage market, snowballed...
Introduction The aftermath of the Second World War resulted in trade flow disruption by armed conflict. As a result, the shifts in economic structures, trade regulations, and established trade patterns prompted nations to modernize the global trading system (Krpec & Hodulak, 2019). In this way, policymakers welcomed international trade as...
Research Question The question of how investing in art can mitigate the risks of a country entering a recession is an interesting one, as it highlights the potential role that art can play in an economic crisis. It is an important question because it encourages exploration of the potential benefits...
The Personal Impact of International Trade Items Around the Home: Domestic vs. Foreign Production International trade significantly affects me due to the lowered prices on many goods imported into the United States. After checking ten labels on tech devices, clothes, and appliances, I discovered that four items around my house,...
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 &...
Introduction When discussing India’s economy nationally, it is important to consider current accounting and financial economics issues. India, a developing country, has quickly climbed the economic ladder and now has the fifth-largest GDP in the world. This essay will cover a variety of topics that influence the demand for money...
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...
Effects of Globalization on Work and Employment The Growing Influence of Globalization The process of globalization has been an integral part of society in recent years, and its pace is only accelerating. This phenomenon primarily affects the lives of society in essential aspects such as work and employment. Heyman and...
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...
Abstract This study aims to determine consumers’ preferences and willingness to buy upcycled food products (UFPs) created from the by-products of peanut oil production in Myanmar. The research will specifically evaluate how factors like price, certification labels, nutritional content, and food origin influence consumers’ readiness to purchase these upcycled goods. The...
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...
Globalization Debates It is hard to disagree that globalization is one of the most popular and essential concepts in modern times. People are told that globalization leads to numerous advancements and benefits for businesses and individuals, contributing to lower costs, stronger global competition, and growing economies. However, there are certain...
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...
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...
Ethical Failures and Stakeholder Impact in the KiKo Derivatives Crisis The case study under analysis focuses on the knock-in knock-outs (KiKos) option that was in effect in South Korea before the 2008 financial crisis. Many exporters used them, which resulted in significant losses. In particular, the case involved numerous stakeholders,...
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...
Introduction International community development entails a detailed approach aimed at helping a particular group to better their standards of life. People come together to improve their living environment and better themselves. An example of such a project is the Grameen Bank, which aims to provide loans on easier terms for...
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...
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...
Introduction Understanding the numerous aspects that influence a society’s growth and well-being is necessary for measuring societal success. Economic growth, gross domestic product (GDP), per capita income, employment rates, and poverty levels are a few of the variables frequently used to evaluate social performance. However, there is a growing understanding...
