Monetary policy is an important tool for promoting economic growth. The central bank or monetary authority is responsible for setting and implementing monetary policy, which involves controlling the
Gross National Product (GNP) and Gross Domestic Product (GDP) are two common measures used to assess a country’s economic performance. While they may seem similar, there are several
The parallel economy exists in many countries around the world and can have significant economic, social, and political implications. In this context, understanding the factors that contribute to
The parallel economy, also referred to as the informal or shadow economy, comprises economic activities that go unreported or unrecorded and are not subject to government regulations, taxes,
What is Tax Litigation? Tax litigation is a legal process where taxpayers, tax authorities, or other stakeholders challenge tax-related disputes in court or before other dispute resolution mechanisms.
The United States of America is the world’s largest economy, and its economic growth has been a topic of discussion and debate for many years. Economic growth is
Immigration has been a topic of debate in the United States for decades. The topic of immigration touches on several issues including social, political, and economic aspects. In
Education is one of the most critical components of the US economy. It is the foundation of human capital development, which is essential for innovation, productivity, and economic
Gross National Product (GNP) is a macroeconomic measure that represents the total market value of all goods and services produced by a country’s residents and businesses, including those
The national debt refers to the accumulated sum of money that a government owes to its creditors. In the case of the United States, National Debt refers to
