The inflation rate was .4% in May, and 2.1% for the last year. The core inflation rate was 2.0% year-over-year, finallly reaching the Fed's target.
High gas prices are caused by futures investments, not supply and demand. Find out why prices are high, and why they rose from 2008 to the present.
Capital goods are the machinery, equipment and buildings used by businesses to create supply.
Monetary policy manages inflation and unemployment by controlling interest rates and the supply of money and credit. It is directed by a nation's central bank.
Small cap stocks are are shares of companies with a market capitalization of less than $2 billion. Buy when the business cycle is expanding.
As Baby Boomers age, so will the labor force. Many can't afford to retire, thanks to the financial crisis. What this means for the U.S. economy.
Aggregate supply is everything produced by the 4 factors of production plus capital. Explains the law of supply and demand and what the U.S supplies.
Profit is when revenue is greater than costs. Businesses try to maximize profit, also known as the profit motive. It also drives the stock market.
The minimum wage is a level set by government to ensure workers have enough income to provide a decent standard of living. What are the pros and cons?
The labor force participation rate formula is the labor force divided by the civilian non-institutionalized population. Find out how these are defined.