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Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.

Buy Now, Pay Later and the New Consumer Debt Cycle

Over the past few years, consumers have flocked to Buy Now, Pay Later (BNPL) services, many offered with zero interest. This option leads to more purchases overall, but does come with some risk of overspending....
5 min read
Stone statue of Yen currency symbol.
Definitions Forex Trading

Yen Carry Trade

Published on December 02, 2024

Two hands doing a handshake.
Definitions Business economics

Collective Bargaining Definition

Published on November 25, 2024

Small plant growing from a pile of coins.
Definitions Managing the economy

Expansionary Fiscal Stance

Published on November 24, 2024

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Definitions Business economics

Cheapening of Electronic Products

Published on November 22, 2024

A building with classical architecture topped with the flag of Austria against a blue sky.
Definitions Managing the economy

Austrian School of Economics

Published on November 21, 2024

A pile of U.S. dollar bills in various denominations placed on a white surface.
Definitions Managing the economy

American National Debt

Published on November 20, 2024

An image of burning charcoal.
Definitions Factors of production

Non-Renewable Resources

Published on November 19, 2024

Image of two broken windows against a brick wall.
Definitions Behavioural economics

Broken Window Fallacy

Published on November 18, 2024

Image of four hands each holding dollar bills.
Definitions Business economics

Gross Wages vs. Net Wages

Published on November 14, 2024

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Definitions Global economics

What does Hysteresis do?

Published on November 08, 2024

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Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.

Surge Pricing and the Ethics of Real-Time Markets

Many firms today can use electronic sales over websites and apps to engage in surge pricing, or the rapid increase in price to accompany temporary increases in demand. Is this practice ethical?...
5 min read

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