US Economy

US Census 2010 is a one time opportunity for this decade. Now, you have greatest opportunity for you and your family be counted by participating in US Census 2010. Participating in US Census 2010...

Indifference curves are a useful tool in economic analysis for illustrating consumer preferences and the rate at which a consumer is willing to exchange one good for more of another. Indifference...

The International Fuel Tax Agreement (IFTA) is an agreement among most of the states of the U.S. and some provinces of Canada to regulate the administration and collection of fuel use taxes from...

2010 is the year that more than 140,000 workers for the US Census will be going door to door, gathering information. To avoid being the victim of identity theft, make sure the person knocking on...

Economists and politicians disagree on the economic effects of tax cuts. Advocates claim that tax cuts spark economic growth and that the expansion increases tax revenue. Skeptics, however,...

For people trying to climb back onto the socioeconomic ladder, obtaining stable housing can be a major hurdle. Even if they have consistent income that would cover monthly rent or mortgage, it is...

Federal, state, local, school, property, inheritance, sales--these are all forms of taxes. Everyone who earns or spends money pays taxes in one form or another, whether by "direct" or "indirect"...

Supply side and demand side economics are philosophies designed to stimulate the economy by using divergent theories. In theory, supply side economics will cause an influx of investments by the...

Since 1953, nearly all canned beverages have used at least some aluminum, according to the Newton, Kansas Department of Sanitation. Aluminum recycling programs began in the late 1960s.

While individual economists do not fit neatly under general categories of economic theory, historians identify Adam Smith as the figurehead of the classical economic school of thought and John...

It's often confusing when pundits, economists and politicians refer to "real" and "nominal" prices for goods, as people wonder what the difference is. Oil prices are no exception.

People on both sides of the additional offshore oil drilling issue hotly debate facts about offshore drilling and quote them to support their positions. Decisions made from the interpretation of...

A tax is a compulsory fee charged on a product, income or activity. Although the tax rate may vary depending on the country and the political ideology of the party in power, taxes are an essential...

When most people hear the word "Economics", they experience the sensation of a swirling mass, beyond their control, in which they are engulfed, like the weather. Why is economics so...

Exactly how did the US Social Security Administration start and why?

Economists study concepts and phenomena that involve observing a multitude of variables. Simple examples include the price of corn and farmers' costs for producing corn. These and many other...

Economic indicators come from many places: most of the data is gathered by government agencies, but some of the most important indicators, like the NASDAQ index, for example, are monitored by...

Windmill power comes from the force of moving air--wind. Wind cycles occur due to the sun heating up air over land, this hot air then lifts up and cold air settled over water then moves inland.

Oil sands, more commonly known as tar sands, are a mixture of clay, sand, water and most importantly bitumen--a thick oil with high viscosity, according to Argonne National Laboratory.

The misery index is an economic indicator used internationally by economists and financial analysts to understand the relative well-being of an economy, typically a national economy. The index is...

The United States Census, which is required by the Constitution to take place every ten years, counts every resident in the United States. In areas of the country that are serviced by the United...

The U.S. government and the Internal Revenue Service (IRS) allows parents and guardians to deduct the cost of preschool or child care when filing for taxes. While an accountant is more than...

The study of economics can often be little dry. For that reason we will be using a program called"TWO COW ECONOMICS" to liven things up a bit.

After World War One the Keizer of Germany caused the country because of it's unsermountable to go into a period of what is known as hyperinflation, a form of government bankrupcy. This...

The word depression often gets tossed around on news programs and in opinion articles, making it difficult to know what the word actually means. The term actually has a definition among...

One of the proposals for a way to reduce pollution, including the greenhouse gases believed by most scientists to be responsible for climate change, is a cap-and-trade emissions program.

People have used fossil fuels for hundreds of years, but drilling for oil is fairly recent. Solar energy, while not economically competitive with fossil fuels now, will become more important in...

In 1789, when the U.S. was a young nation, 90 percent of Americans lived and worked on farms. By 2008, fewer than 5 percent worked in agriculture. Despite this, agriculture remains a significant...

Economics is a science rich in data, from wholesale price levels and unemployment claims to factory orders and retail sales. The data used for analyzing the state of the economy and forecasting...

On August 29, 2005, Hurricane Katrina slammed into the U.S. Gulf Coast, cutting a path of death and destruction throughout the area. In the aftermath of the storm, the levee system protecting New...

Expansionary monetary policy stimulates spending and investment by consumers and firms by pumping more money into the economy, mainly through the mechanism of lower interest rates. Lower rates...

Television newscasts report the day's activity on the nation's stock markets, often as a proxy for the condition of the economy. Although the stock market can offer some information about economic...

The 2007 collapse of the U.S. housing market and the worldwide economic damage that followed in 2008 and 2009 brought the term "economic meltdown" into the vocabularies of many people.

The U.S. welfare system has been existence since the 1930s. Since then, its policies, design and applications have changed, but it still exists to help needy families. There are many rules and...

There is one penalty for closing an IRA; however it has twofold consequences. There are four exceptions to this rule.

As a United States taxpayer, you have contributed to the Social Security system for all of your working life. When you retire, you can apply to receive retirement benefits yourself as long as you...

A discussion of the theory of supply side economics begins with the idea that a higher income and a higher standard of living are contingent on an economy's ability to produce goods and services....

The Social Security system is a complex organization. Citizens often have questions or problems concerning Social Security. While older and disabled Americans receive benefits, working Americans...

The economy is, in essence, the way in which resources are distributed in a society. Economists play a role in studying this distribution in resources in order to help both private individuals and...

Trade agreements are negotiated between sovereign states to facilitate economic trade. They provide the rules and boundaries for trade.

There are two types of economic policies employed in the United States: monetary and fiscal policy. These are used by policy makers to influence the behaviors of participants in the economy for...