If you are unable to obtain forbearance but maintain decent credit, you may be able to improve your financial condition by refinancing your mortgage. During times of recession, mortgage interest rates tend to decline, which means refinancing could result in a reduced monthly payment, making it simpler to fulfill your financial responsibilities. If you have […]
Do Mortgage Rates Drop During A Recession? Read More »
Germany, the United States, and Italy were once Russia’s top export markets, primarily for oil and gas. According to the Observatory of Economic Complexity, it wasn’t until 2002 that the country became a significant provider of wheat for international markets, accounting for about 6% of global exports. Russia stepped in when agriculture became a lesser
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It indicates the total value of all commodities and services produced inside a country’s borders over a given time period. Economists can use GDP to evaluate if a country’s economy is expanding or contracting. GDP can be used by investors to make investment decisions; a weak economy means lower earnings and stock values. What role
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The GDP deflator (implicit price deflator for GDP) is a measure of the level of prices in an economy for all new, domestically produced final goods and services. It is a price index that is calculated using nominal GDP and real GDP to measure price inflation or deflation. Nominal GDP versus Real GDP The market
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Inflation is defined as the rate at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a country. In simple words, what does inflation imply? Inflation is defined as a gradual increase in the prices of goods and services in
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In an inflationary economy, various groups are sometimes regarded winners: welfare beneficiaries with ever-increasing benefits; workers with favorable wage contracts; and affluent people with cash invested in inflation hedges. Who benefits the most from inflation in a given economy, and why? Borrowers will benefit from inflation since it will be easier to repay loans when
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Cuba’s GDP per capita was 9,478 US dollars in 2020. Cuba’s GDP per capita climbed from 780 dollars in 1971 to 9,478 dollars in 2020, expanding at a 5.55 percent yearly pace. In 2021, what will Cuba’s GDP per capita be? According to Trading Economics global macro models and analysts, GDP per capita in Cuba
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Can you figure out which university ranks first? Is there grade inflation in the Ivy Leagues? RippleMatch discovered that Ivy League schools are the worst culprits of grade inflation, with typical student GPAs in the A/A- range. While there’s no denying that students at these schools work hard, it’s worth considering how skewed these averages
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There are a variety of methods for forecasting future inflation rates, ranging from complex statistical models with hundreds of variables to hunches based on past experience. Using a simple statistical model and an even simpler estimating technique, we create a variety of projections, including various metrics regarded to be useful in predicting the trajectory of
What Can We Predict About Future Inflation? Read More »
To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and
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