Our ranking of countries by public debt as a proportion of GDP can be found below. Venezuela 304.125% The national debt of this South American country is estimated to be $160 billion based on data from 2020. When it comes to the countries with the largest debt, Venezuela is clearly in the lead. What should […]
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When a recession is followed by a brief rebound and then another recession, it is known as a double-dip recession. Double-dip recessions can occur for a variety of causes and are characterized by high unemployment and poor GDP. The last time the US had a double-dip recession was in the early 1980s. Do double-dip recessions
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Although many of the statistics that reflect the US economy have yet to recover to pre-crisis levels, the most current recession began in December 2007 and concluded in June 2009. When did the most recent recession start? According to the official documenter of economic cycles, the Covid-19 recession is one of the darkest but also
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When markets decline, many investors want to get out as soon as possible to avoid the anguish of losing money. The market is really improving future rewards for investors who buy in by discounting stocks at these times. Great companies are well positioned to grow in the next 10 to 20 years, so a drop
What To Invest In During A Recession? Read More »
Governments began paying close attention to inflation measurement during the time of World War I, when they saw prices were rising and wanted to ensure workers’ wages kept up with rising living costs. The indices were initially centered on food costs, but as time went on, more items and services were added. The list would
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Global GDP in 2020 is expected to be around 84.97 trillion dollars, down over three trillion dollars from 2019. What are the world’s top ten economies? What are the world’s largest economies? According to the International Monetary Fund, the following countries have the greatest nominal GDP in the world: Which country has the highest GDP
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You must divide the nominal GDP by the real GDP to get the price index from the real and nominal GDP. The GDP deflator is the resulting index. What is the formula for calculating the price index from nominal GDP? Multiplying by 100 produces a beautiful round value, which is useful for reporting. To calculate
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The US Inflation Rate is the percentage increase in the price of a selected basket of goods and services purchased in the US over a year. The US Federal Reserve uses inflation as one of the indicators to assess the economy’s health. The Federal Reserve has set a target of 2% inflation for the US
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The Phillips curve shows that historically, inflation and unemployment have had an inverse connection. High unemployment is associated with lower inflation or even deflation, whereas low unemployment is associated with lower inflation or even deflation. This relationship makes sense from a logical standpoint. When unemployment is low, more people have extra money to spend on
How Does Inflation And Unemployment Affect The Economy? Read More »
The US Inflation Rate is the percentage increase in the price of a selected basket of goods and services purchased in the US over a year. The US Federal Reserve uses inflation as one of the indicators to assess the economy’s health. The Federal Reserve has set a target of 2% inflation for the US
What Is The Current Inflation Rate In US? Read More »
