Who gives transfer payments?
Transfer payments are given by government of various levels to under-privileged society members like unemployed workers, the elderly who's unable to ...
Month: May 2008
Current GDP, GNP of United States and other countries
As of the most up to date data from authoritative sources such as International Monetary Fund, World Bank and CIA ...
What are the Causes of Economic Recession
What is an economic recession? In a perspective as broad as nation wide, or macroeconomically, a recession is a slightly ...
Resource circulation in the macroeconomic loops
This flow-chart diagram illustrates how governments, households, corporations and international entities interact in 3 major markets to run the economy ...
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