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Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.

How Buy Now, Pay Later Is Changing Household Finance

Interest-free "buy now, pay later" services are growing in popularity, allowing consumers to break up expensive purchases into 4 or more monthly payments. Is BNPL a great tool for cash-strapped consumers, or a financial risk?...
4 min read
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Definitions Business economics

Cheapening of Electronic Products

Published on November 22, 2024

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Definitions Business economics

Gross Wages vs. Net Wages

Published on November 14, 2024

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Business economics Managing the economy Labour markets Behavioural economics Global economics

The Impact of Small, Highly Efficient, and Cheap Nuclear Reactors on Developed Economies: A Focus on Energy Costs and Transportation

Published on November 11, 2024

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Definitions Business economics

Real vs. Nominal in Economics

Published on October 25, 2024

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Business economics Definitions

Penetration Pricing

Published on October 24, 2024

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Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 2024

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Business economics Labour markets Market Failure

Exponentially Rising Tuition Costs Suppress Economic Growth in the U.S.

Published on October 05, 2024

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Market Failure Business economics

Potential Effects of the Harris-Walz $25,000 Down Payment Assistance Plan

Published on October 05, 2024

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Definitions Business economics

Types of Goods in Economics

Published on October 03, 2024

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Definitions Business economics

Product Life Cycle (PLC)

Published on October 01, 2024

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Older Posts
Image of a beautiful cathedral in Spain.

How Purchasing Power Parity Explains the Boom in International Retirement Services

Retirees are using purchasing power parity to stretch their savings by relocating to lower-cost countries like Spain....
3 min read

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