Between 1985-86 and 2017-18 academic years, the average cost of attending a four-year college or university in the United States increased by 497 percent, more than twice the rate of inflation. Traditional four-year universities have seen tuition rise more than twice as fast as inflation, while two-year community schools have seen tuition rise a third […]
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The US economy will have a recession, but not until 2022. More business cycles will result as a result of Federal Reserve policy, which many enterprises are unprepared for. The decline isn’t expected until 2022, but it might happen as soon as 2023. If the Fed manages to prevent a recession in 2023, expect a
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GDP is significant because it provides information on the size and performance of an economy. The pace of increase in real GDP is frequently used as a gauge of the economy’s overall health. An increase in real GDP is viewed as a sign that the economy is performing well in general. Is having a high
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Germany’s gross domestic product (GDP) was 3,570.62 billion euros in 2021. As a result, Germany is among the top five countries in the world in terms of GDP. Is Germany wealthier than the United States? The United States produces more per person each year than the majority of other sophisticated economies. In 2015, the United
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The US economy will have a recession, but not until 2022. More business cycles will result as a result of Federal Reserve policy, which many enterprises are unprepared for. The decline isn’t expected until 2022, but it might happen as soon as 2023. If the Fed manages to prevent a recession in 2023, expect a
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Recessions are defined as periods of broad reduction in economic activity and economic performance measures. Credit conditions are tightening, demand is slowing, and there is pervasive anxiety and uncertainty. Smaller enterprises with limited access to financial and equity markets are less likely to be bailed out by the government. Who is the hardest hit by
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The United States’ annual inflation rate has risen from 3.2 percent in 2011 to 4.7 percent in 2021. This suggests that the dollar’s purchasing power has deteriorated in recent years. What was the rate of inflation this year? In January, the consumer price index increased by 0.6 percent, bringing annual inflation to 7.5 percent. That
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Retail and wholesale trade industries led the increase in private inventory investment. The largest contributor to retail was inventory investment by automobile dealers. Increases in both products and services contributed to the increase in exports. Consumer products, industrial supplies and materials, and foods, feeds, and beverages were the biggest contributions to the growth in goods
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According to GDP statistics from 2021, China’s most productive provinces and cities are listed below. According to the National Bureau of Statistics, China’s GDP in 2021 was RMB 114.4 trillion (US$17.7 trillion), up around RMB 13 trillion (US$3 trillion) from 2020, or 8.1 percent year-on-year growth (NBS). What is China’s GDP forecast for 2022? The
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SNELL: So, Scott, the last time inflation was this high, Ronald Reagan was in the White House, Olivia Newton-John was everywhere on the radio, and the cool new computer was the Commodore 64, which was named after its 64 kilobytes of capacity. Oh, and a new soft drink was set to hit the market. (Singing)
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