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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 Managing the economy

Consumption Function

Published on November 05, 2024

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Definitions Behavioural economics

Expected Utility Theory

Published on October 31, 2024

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Definitions Competitive markets

Substitutes Economics

Published on October 30, 2024

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Definitions Competitive markets

Price Taker

Published on October 29, 2024

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Definitions Managing the economy

Disinflation Definition

Published on October 29, 2024

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Definitions Behavioural economics

Network Effects: A Detailed Guide

Published on October 28, 2024

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Global economics Definitions

Economic Ripple of Spanish Gold

Published on October 28, 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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Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

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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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Consignment stores and online clothing resale sites are part of circular markets for used goods.
The Resale Economy: From Fast Fashion to Circular Markets
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