Economics seek to make sense of the economic problem; it is a discipline in which people try to figure out how to organize production and economies […]
Per the International Monetary Fund’s Annual Report of 2009, the Great Recession is said to be the worst economic downturn since the Great Depression (International Monetary […]
The Earned Income Tax Credit (EITC) was incepted in the year nineteen hundred and seventy-five. The program is a tax cushion meant for both low-income and […]
“IS-LMentary” The IS-LM model is one of the central tenants of the neoclassical movement and shows the relationship between interest rates, the real outcome, the […]