Known as a new energy capital, Changzhou in east China's Jiangsu Province reported a regional gross domestic product (GDP) of 1.01 trillion yuan (about 140.8 billion U.S. dollars) in 2023, up 6.8 percent year on year, according to the local statistics department. With a population of over...
Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and its growth rate. ...
The CPI is one perspective you can use to get a big-picture view of the economy as a whole. Keep in mind that not all products rise by an equal amount. Some will rise higher (or fall lower) than others. So, for instance, there could be a situation where gas prices fall, sinking ...
Your MAGI is your adjusted gross income with some deductions added back. Your AGI is used to determine the amount of income tax you owe and certain credits for which you're eligible. Your modified AGI is used to determine eligibility for other tax issues such as deducting contributions from a...
If you have take-home pay of, say, $3,000 a month, how can you pay for housing, food, insurance, health care, debt repayment and fun without running out of money? That’s a lot to cover with a limited amount. The answer is to make a budget. ...
How to calculate overtime: 4 examples How to lower overtime costs Setting up your payroll process Want to know the secret to calculating overtime? Build an accurate payroll process first. There’s a lot that comes before and after crunching the overtime numbers, so it’s essential that thos...
Profit margin is a retailer's gross profit when an item is sold. The higher this is, the better—but wholesalers have a shorter ceiling to add profit. They make their money by selling cheaper products in bulk. When setting your wholesale price, first multiply your cost of goods by two. ...
In Chile, irrigated agriculture represents 52% of the total agricultural surface [8] and 1.7% of the gross domestic product [9], where this economic activity would be impossible without irrigation. Specific studies have demonstrated the advantages of applying an adequate irrigation strategy [10]. ...
Clearly, the lower your down payment, the less you have to save for a house. However, keep in mind that paying less upfront means you’ll end up with higher mortgage payments (or settling for a smaller loan amount, depending on your overall budget). So it’s important to consider wheth...
Adjusted gross income (AGI) can directly impact the deductions and credits you are eligible for, which can wind up reducing the amount of taxable income you report on your tax return.