What Is An Economic Stimulus Package?
Jessica Allen2021-08-27T03:51:36-04:00An economic stimulus package is an effort made by the government to lead the economy out of an economic slowdown ...
What Is Keynesian Economic Theory?
Jessica Allen2021-09-04T02:35:53-04:00According to Keynesian economic theory, the government should increase demand in order to boost growth. Keynesians hold the belief that ...
What Is Leverage Ratio?
Jessica Allen2021-09-04T02:50:54-04:00Definition of Leverage Ratio The leverage ratio equals the proportion of a bank's debts in comparison to its capital or ...
What Does Ceteris Paribus Mean?
Nikolay Krylovskiy2021-09-04T09:43:56-04:00Ceteris paribus is a Latin phrase, and it means "all other things being equal." It is often used by experts in ...
What Is the Malthusian Theory of Population?
Jessica Allen2021-07-29T15:13:31-04:00Definition of the Malthusian Theory of Population The Malthusian Theory of Population involves arithmetic food supply growth and exponential population ...
Trickle-Down Economics: Why It Only Works in Theory
Jessica Allen2021-07-29T15:12:53-04:00Trickle-down economic theory states that benefits for the wealthy trickle down to everyone else in the economy. These benefits for ...
What is the Sunk Cost Fallacy?
Jessica Allen2021-07-29T15:12:16-04:00The sunk cost fallacy explains the tendency to follow through on something if one has already invested money, time, or ...
What Is Laissez-Faire Economic Theory?
Jessica Allen2021-07-20T14:12:46-04:00The laissez-faire economic theory centers on the restriction of government intervention in the economy. According to laissez-faire economics, the economy ...
Human Capital: What It Is and How It Impacts the Economy
Jessica Allen2021-06-15T10:19:30-04:00"Human capital" is a phrase used to refer to the economic value of the qualities and abilities of labor that ...
What Is Adverse Selection?
Nikolay Krylovskiy2021-06-08T10:21:20-04:00What Is Adverse Selection? Adverse selection is a term that describes the presence of unequal information between buyers and sellers, ...