ABILITY TO PAY
An economic principle that states that the tax amount that an individual pays must be dependent on the degree of burden that the tax will create in relation to the wealth of an individual. The principle of ability to pay advocates that the real amount of tax to be paid isn't the only factor to be addressed, and that other issues, such as ability to pay, should also be put into consideration into a tax system.
POPULAR TERMS
Cost-Volume Profit Analysis
Cost accounting method used in managerial economics. The analysis is based on identifying the break off point of cost and volume of products. This ...
Trade
1. In economics, transaction where several parties are engaged in the negotiation and exchange products and services for a specific product and ser ...
Adam Smith
A philosopher and free-market economist during the 18th century, famous for his ideologies about the efficiency of labor division and individuals&# ...
SEC Form S-1
SEC Form S-1 is also referred to as the “Registration Statement Under the Securities Exchange Act of 1993. SEC Form S-1 is the initial regist ...
Consumer Packaged Goods - CPG
Product consumed daily by the average consumer. Goods included in this category are replenished frequently. CPGs entails a market with consumers, i ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Sep | |
| 02:30 | PMI Manufacturing | Sep | |
| 08:00 | Nationwide House Price Index | Sep | |
| 08:30 | Retail Sales | Aug | |
| 09:15 | PMI Manufacturing | Sep | |
| 09:30 | Procure PMI Index | Sep | |
| 09:45 | PMI Manufacturing | Sep | |
| 09:50 | PMI Manufacturing | Sep | |
| 09:55 | PMI Manufacturing | Sep |
