The main aim of the text is to provide a detailed explanation of nature of key indicators used for the purpose of the Excessive Deficit Procedure. At the same time, main differences between indicators related to the state budget, public sector and EDP procedure are outlined....
Economic situation of the government described by the indicators of the national accounts is currently under the spotlight of the professional public. The indicators have its relevance to considerations of the fiscal sustainability and the European Monetary Union enlargement. However, awareness of the met...
In the most simple circular flow model, we only have firms and households. However, as we can see in the real world, an economy has more components. We can add more of these components to the circular flow model in the form of government and foreign tr...
The W-4 is divided into five, fairly easy steps that will give your employer the info they need to calculate your withholding. Leave it to the government to label a five-step form with the number four! Here’s a rundown on the five steps you’ll see on a W-4: ...
How Does the Greek Government Raise Loans? Owing to the Greek debt crisis, the funding sources of the national debt of Greek is complicated. A large proportion of the country’s debt is owed to supranational organizations, such as the IMF and a range of EU schemes. According to the Greek...
Many experts have paid attention to the statement of “There remains considerable room for China's central finance to issue debts and expand deficit” at the press conference. Starting from September 24th, China's Central Government has recently intensified the introduction of a package of incrementa...
How Does the Federal Funds Rate Work? The federal funds rate is the interest rate that banks charge each other to borrow or lend excess reserves overnight. The law requires that banks must have a minimum reserve level in proportion to their deposits. This reserve requirement is held at a Fe...
commonly the largest economic group. Some policies target corporations or wealthy citizens. Similarly, when a government adjusts its spending, its policy may affect only a specific group of people or businesses.
cap and trade is also a revenue source for the government, since it has the power to auction emissions credits to the highest bidder. This new revenue can cover infrastructure needs, social programs, be invested in cleaner technologies, or it can even be a way to solve a budget deficit at...
The government established theOffice of the Comptroller of the Currency(OCC) and the National Currency Bureau in 1863. These two agencies handled newbanknotes. Centralized printing began at the Bureau of Engraving and Printing in 1869. Before this, money was printed by private companies.1TheU....