Where can you buy NetSpend reload packs?

July 7, 2024 No Comments

A: You can only purchase NetSpend reload packs at Giant Eagle, Albertsons, Roundy’s and Pathmark supermarkets. NetSpend cards are prepaid debit cards that offer a variety of features. Account holders can directly deposit or use a reload location to fund their accounts. The card allows

Where Did the Bull and Bear Market Get Their Names?

July 7, 2024 No Comments

A: The terms bear and bull are used to describe general actions and attitudes, or sentiment, either of an individual or the market. A bear market refers to a decline in prices, usually for a few months, in a single security or asset, group of securities or

Which countries are most productive in terms of GDP?

July 7, 2024 No Comments

A: If you are measuring productivity based on Gross Domestic Product (GDP), the ten most productive countries in the world are, in order, the United States, China, Japan, Germany, France, the United Kingdom, Brazil, Italy, Russia and India. Each of these countries has a GDP

What is the functional difference between GDP and GNP?

July 7, 2024 No Comments

A: Gross Domestic Product (GDP) and Gross National Product (GNP) both try to measure the market value of all goods and services produced for final sale in an economy. The difference is how each term interprets what constitutes the economy. GDP refers to and measures

What is the history behind the opening and closing bells on the NYSE?

July 7, 2024 No Comments

A: Similar to the school bells that most of us heard during our school days, the New York Stock Exchange’s (NYSE) opening and closing bells mark the beginning and end of each trading day. More specifically, the opening bell is rung at 9:30 a.m. to mark the

What is the history of corporations in America?

July 7, 2024 No Comments

A: The first American corporations were developed in the 1790s, almost instantly becoming key institutions in the economy. Though corporations existed outside the United States in the early 19th century, particularly in Great Britain and the Netherlands, no country took to corporate development like America.

What is the key difference between the participation rate and the unemployment rate?

July 7, 2024 No Comments

A: The participation rate and unemployment rate are economic metrics used to gauge the health of the U.S. job market. The key difference between the two indicators is the participation rate measures the percentage of Americans who are in the labor force, while the unemployment

What is the marginal utility of income?

July 7, 2024 No Comments

A: Very simply, the marginal utility of income is the change in human satisfaction resulting from an increase or decrease in an individual’s income. It says that people who get raises tend to be more satisfied than they otherwise would have been, and people who

What is the minimum liquidity coverage ratio that a bank must have from 2016 to 2019 under Basel III?

July 7, 2024 No Comments

A: The minimum liquidity coverage ratio that banks must have under the new Basel III standards are phased in beginning at 70% in 2016 and steadily increasing to 100% by 2019. The year-by-year liquidity coverage ratio requirements for 2016, 2017, 2018 and 2019 are 70%,

What is the point of agricultural subsidies?

July 7, 2024 No Comments

A: Every five years, new legislation is introduced and passed through the U.S. Congress to subsidize farmers and agricultural products. These bills provide benefits such as cash, minimum prices and crop insurance programs. Most academic economists and policy analysts oppose agricultural subsidies, but that seems

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