A fiscal deficit is the difference between a government’s total revenue and its total expenditure in a given fiscal year. It is calculated by subtracting the government’s total
The balance of trade is a key economic indicator that measures the difference between the total value of goods and services a country exports and the total value
Marketing research plays a pivotal role in guiding effective marketing strategies and decision-making by gathering and analyzing data. This process involves two main types of research: primary research
The parallel economy is a serious issue that affects many countries worldwide. The growth of the informal sector poses significant challenges to the formal economy, such as reduced
A recession is an economic downturn characterized by a significant and prolonged contraction in economic activity, such as a decline in Gross Domestic Product (GDP), employment, and business
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 US stock market is a complex and dynamic system that requires careful regulation to ensure fairness and transparency. Over the years, various laws and regulations have been
Tax evasion and tax avoidance are two different concepts, although they both involve the reduction of tax liability. The key difference between the two is that tax avoidance