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Calculating a country’s income helps determine its level of economic activity. The most common way to calculate national income is the gross domestic product—or GDP. There are ...

Sep 17, 2019

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There are a variety of ways to calculate the national income of a country, all of which attempt to determine the total market value of all goods and services produced in a count...

Sep 17, 2019

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There are a variety of ways to calculate the national income of a country, all of which attempt to determine the total market value of all goods and services produced in a count...

Sep 17, 2019

Glass globe on business graph pieces of paper

In an open market, price levels are driven by supply and demand—as supply and demand rise and fall, so do consumer prices. However, when severe fluctuations occur in general pri...

Sep 16, 2019

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Unemployment is a hot-button issue across many of the world’s economies, and many governments use unemployment rates to determine everything from economic stability to citizen s...

Sep 16, 2019

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Whether you're a small business owner or the chairman of a Fortune 500 company, you’ve probably thought about why you do what you do. If you're serious about your business, it’s...

Sep 16, 2019

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From time to time, government bodies that set monetary policy (such as the United States Federal Reserve, also known as the Fed) will adjust national interest rates as they work...

Sep 11, 2019

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Everyone knows to look to GDP—gross domestic product—for clues about the health of the economy. But what of the lesser-known measure called gross private domestic investment? O...

Sep 10, 2019

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A successful business is nothing if not a team. Any great organization, from startups to international behemoths, is built on the talents of its individual team members, who com...

Sep 5, 2019

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