unemployment
type of unemployment arises when people are temporarily between jobs, such as when they quit their current job to find a better one, or when a new graduate is searching for their first job.
what is frictional unemployment?
arises when the total demand for goods and services increases to exceed the supply of goods
what is demand - pull inflation?
specific expenses that you're allowed to subtract from your total income to arrive at your taxable income.
what are deductions ?
spending that is required by law and does not need to be voted on annually by Congress.
what is mandatory spending ?
The total value of a company's outstanding shares of stock, calculated by multiplying the share price by the number of shares.
what is market capitalism
occurs when there is a mismatch between the skills and the available jobs in the economy, often due to changes in technology or industry shifts.For example, a decline in the demand for coal miners due to the shift to renewable energy sources could lead to structural unemployment in that sector.
what is. structural unemployment >?
an unusual combination of stagnating economic growth, high unemployment and simultaneously high inflation.
an individual who relies on you for financial support and whom you can claim on your tax return
what is a dependant?
Spending that is determined each year by Congress through appropriations bill
what is discretionary spending ?
means the investor buys more stock when the price of a particular stock goes down.
what is averaging down ?
caused by fluctuations in the business cycle, such as recessions or economic downturns
what is Cyclical Unemploymen?
is an extreme form of inflation in which prices rise dramatically in a very short period of time, often in the three-digit or higher
what is hyper inflation
determines the rate at which your income will be taxed.
what is a tax bracket?
what are obligations ?
a fixed-income investment where you lend money to an entity (like a government or corporation) in exchange for regular interest payments
what is a bond
This type of unemployment is tied to the seasons and affects industries like tourism, agriculture, and retail.
what is seasonal unemployment
This form of inflation is caused by an excessive expansion of the money supply.
what is hyper inflation
your total annual income, including wages, tips, interest, dividends, and capital gains, minus certain deductions.
what is gross income
When government outlays exceed its revenues.
what is a budget deficit ?
Buy and sell activity of securities on the same trading day to take advantage of short-term price fluctuations.
what is day trading ?
when an individual who is not employed and is seeking employment, cannot find work.
what is unemployment
a situation where prices for goods and services are generally rising, and these price increases are visible and measurable.
what. is open inflation
your overall or gross income reduced by all allowable adjustments, deductions and exemptions.
what is taxable income
The 12-month period covered by an annual budget, starting on October 1st and ending on September 30th.
what is the fiscal year
known as shares or equity, is like owning a piece of a company.
what is common stock ?