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Why Absolute Poverty Is Not Always a Reliable Measurement

Absolute poverty is an economic measurement that determines an individual’s financial ability to obtain the basic necessities of life. It is also a measurement that used to justify investing monies to help developing countries and, in some respects, even the poverty-stricken in our own country. However, absolute poverty is not always a reliable measurement of need. Why? Because of the units used to quantify poverty levels.

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The‘Blue Chips’

A ‘Blue Chip’ represents stock with good reliability and profitability. And their impacts on the stock market are far bigger than other shares of smaller companies. So the details of blue chips are worth our study.

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What Are Shares?

Shares, just like the name, signifies the ownership of a business. A business needs money to start. In order to raise enough money to start a business, the initiator calls up a meeting among the people who want to take part in the business. They put their money together as their contributions to the business. And then they will get the receipts that show their investment makes them, the investors, part-owners of the company.

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Is Green GDP an Utopia in China?

The green gross domestic  product is an index of economic growth that factors in environmental consequences. Green GDP has gained in popularity for the past 20 years around since Rio Earth Summit in 1992. It differs from the traditional GDP index in that it takes in the factors which reflects the extending environmental effects of economic growth.

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What is Price Elasticity of Demand?

The effect that demand has on price is often easy to see. If a lot of buyers are competing for a resource that is in short supply it has the effect of pushing up the price of this resource. When we talk about price elasticity of demand we are looking at the way that prices reach in regards to demand.

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What is NAFTA?

Different countries around the world have trade agreements with other countries. The most important and influential of all trading agreements is the North America Free Trade Agreement (NAFTA). The members of NAFTA are the US, Canada, and Mexico and it is sometimes referred to as a trilateral trading block. The reason why NAFTA is so important is that between the three of these members there is the largest GDP of any trading block in the world.

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What Is Frictional Unemployment?

Frictional unemployment is also sometimes referred to as search unemployment. It refers to the unemployed period when people are between jobs or looking for their first job. This is the one type of unemployment that is probably impossible to eradicate completely. It is far less serious than the chronic lack of work that some people are faced with. In a lot of instances frictional unemployment will be voluntary because people are trying to find the work that offers them the best pay and conditions.

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What is Economic Sustainability?

There are many factors that influence the economic sustainability of a country. Before you can even begin to think about sustainability, however, you need to consider a definition of both economic and sustainability. These definitions will guide you through the issues that countries have to face in order to obtain economic sustainability.

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