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An Amazon package, which can often be returned for no cost if the customer is dissatisfied.

The Shadow Cost of Free Returns: E-Commerce and the Reverse Logistics Crisis

Consumers love free returns, which are increasingly common in the online retail industry. But what are the hidden costs to society behind allowing consumers to return products and get all of their money back?...
4 min read
Definition of Real National Income
Definitions

Definition of Real National Income

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

Real national income

Real national income is nominal or money national income (output) adjusted for inflation. It is also national income at ‘at constant prices. The most frequently used measure of national income is Gross Domestic Product (GDP).


  • More on national income



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Quasi-public goods

Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read

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