Monetarism is a macroeconomic theory whichstates that governments can foster economic stability by targeting the growth rate of the money supply. Essentially, it is a set of views based on the belief that the total amount of money in an economy is the primary determinant of economic growth. Wh...
导言“新编跨文化交际英语教程·教师用书”主要是为使用“新编跨文化交际英语教程”教 师配套的教学指南。“新编跨文化交际英语教程”是在原有“跨文化交际英语教程”的基础上 经过全面、系统修订而成,我们对全书做了较大的更新和完善,调整和增补了许多材料,力 求使其更具时代性,更适合教学实际和学生需求。 为了进...
Economicsis a social science that aims to describe the factors that determine the production, distribution, and consumption of goods and services, i.e. the economy. It is the study of how we choose to use resources. Definitions of the term ‘economics’ can vary considerably, depending on peo...
The main purpose of the CAPM formula is to check if a stock’s price is reasonable when we compare the risks it involves and the idea of time affecting money with the returns it is expected to bring. In simple terms, understanding the various aspects of the CAPM helps us figure out if...
Uber benefited from tailwinds when it launched in 2009. The founders had identified a growing acceptance of the sharing economy by consumers, as well as the emergence of ubiquitous GPS and high-quality maps on smartphones (noting that the first iPhone was released in 2007). ...
If you can't claim the full Child Tax Credit because you owe less tax than the available credit, you may be able to claim the refundable Additional Child Tax Credit.
Keep in mind that positive economics is associated with “what is” happening in the economy. In contrast, normative economics is associated with what “should be” happening, and you will remember these terms with ease. Key Highlights
A commodity group that’s been around for longer than all others. Farming is still responsible for a huge share of the commodity market, with agricultural assets like: Corn: As a key player in the global economy, corn is a popular food source for humans, as well as for livestock likefeed...
What Is a Patent? A patent is the granting of a property right by a sovereign authority to an inventor. This grant provides the inventor exclusive rights to the patented process, design, or invention for a designated period in exchange for a comprehensive disclosure of the invention. They are...
The law of demand states that the quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because ofdiminishing marginal utility.1That is, consumers use the first units of an economic good they purchase to serve their m...