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Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse environmental, legal, social, economic, and political causes and effects. [1]
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
Anna Schwartz explains that "if the Federal Reserve increases reserves, a single bank can make loans up to the amount of its excess reserves, creating an equal amount of deposits". [37] [38] [40] Since banks have more free reserves, they may loan out the money, because holding the money would amount to accepting the cost of foregone interest.
Frictional unemployment is one of the three broad categories of unemployment, the others being structural unemployment and cyclical unemployment. Causes of frictional unemployment include better job opportunities, services, salary and wages, dissatisfaction with the previous job, and strikes by trade unions and other forms of non-unionized work ...
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. [1]
This is the case for many groups in South Asia. In an article about education inequality being affected by people groups, the organization Action Education claims that "being born into an ethnic minority group or linguistic minority group can seriously affect a child's chance of being in school and what they learn while there" (Action Education ...
It is "the first amount of the claim which the insured has to bear. If the insured has an excess of $500 and the total repair costs $3,000, then the insured has to pay $500 while the insurer pays the remaining $2,500." [3] Note that this different meaning does not apply to the British meaning of the term.
Denver (/ ˈ d ɛ n v ər / ⓘ DEN-vər) is a consolidated city and county, the capital and most populous city of the U.S. state of Colorado.It is located in the Western United States, in the South Platte River Valley on the western edge of the High Plains east of the Front Range of the Rocky Mountains. [10]