While the tech business is more resilient than others in the face of economic downturns, no industry is completely immune. Despite the fact that technology has become more necessary as a result of Covid-19, tech companies have nonetheless endured layoffs, modifications, and other systemic shocks. What is a recession-proof industry? Healthcare, food, consumer staples, and […]
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The GDP of the United Arab Emirates was estimated to be at 358.87 billion dollars in 2020. What will the UAE’s GDP be in 2021? According to Trading Economics global macro models and analysts, GDP of the United Arab Emirates is predicted to reach 400.00 USD billion by the end of 2021. According to our
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The figures clearly indicate that we are presently in or on the verge of stagflation. Food inflation is to blame for the recent increase in inflation, and while there is some seasonality to it given the year-on-year data, it is not the only cause. Cereal inflation is particularly concerning because it is a product of
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In 2008, the stock market plummeted. The Dow had one of the most significant point declines in history. Congress passed the Struggling Asset Relief Scheme (TARP) to empower the US Treasury to implement a major rescue program for troubled banks. The goal was to avoid a national and global economic meltdown. What happened during the
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People make money by selling their labor on the labor market as a contribution to the economy’s creation of goods and services, according to this argument. Increases in income that aren’t directly tied to increases in production tend to lead to higher pricing, balancing the two sides of the equation. As a result, many claim
Would UBI Increase Inflation? Read More »
A approaching recession shouldn’t scare you if you’re investing for the long haul. To take some profits off the table, you might wish to sell some stocks. However, selling when prices are low should not be your primary strategy. You might assume you’ll get back in when prices stop falling, but a bottom can’t be
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Table 1 shows the findings of the FIML approach for system estimation, including coefficients and standard error estimates, z-statistics, p values, and summary statistics. Table 1 shows the results of the system of equations estimation. All of the coefficients are positive and statistically significant, with the exception of the newborn mortality rate coefficient, which is
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Points to consider. Car costs have risen due to a lack of supply and a high demand. Despite the fact that automobile costs may fall as the year progresses, they are likely to stay high into 2022. How long will there be a new car shortage? Nobody knows for sure when the semiconductor chip scarcity
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The Federal Reserve has not set a formal inflation target, but policymakers usually consider that a rate of roughly 2% or somewhat less is acceptable. Participants in the Federal Open Market Committee (FOMC), which includes members of the Board of Governors and presidents of Federal Reserve Banks, make projections for how prices of goods and
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As can be seen in the ranking of GDP of the 196 nations that we publish, the United States is the world’s top economy in terms of GDP. The United States’ GDP increased in absolute terms. What is the largest GDP ever recorded in the United States? From 1960 to 2020, GDP in the United
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