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The Phillips curve is a representation of the relationship between unemployment and inflation in the macroeconomy, where a tradeoff between low unemployment and price stability exists. [1] Identified by economist Bill Phillips, the curve shows a relationship between lowering unemployment with increasing wages in an economy. [2] While Phillips did not directly link employment and inflation ...
Educational Inequality is the unequal distribution of academic resources, including but not limited to school funding, qualified and experienced teachers, books, physical facilities and technologies, to socially excluded communities. These communities tend to be historically disadvantaged and oppressed. Individuals belonging to these marginalized groups are often denied access to schools with ...
Berger was born in New Rochelle, New York. He graduated from George Washington High School in Danville, Virginia, in 1970 and studied briefly at Danville Community College. Berger earned a bachelor's degree in sociology from Averett College [4] in 1980 and a J.D. degree from Wake Forest University School of Law [4] in 1982, after which he entered law practice.
Modern Monetary Theory or Modern Money Theory (MMT) is a heterodox [1] macroeconomic theory that describes the nature of money [2] within a fiat, floating exchange rate system. [3] MMT synthesizes ideas from the state theory of money of Georg Friedrich Knapp (also known as chartalism) and the credit theory of money of Alfred Mitchell-Innes, the functional finance proposals of Abba Lerner ...
James Richard Perry (born March 4, 1950) is an American politician who served as the 14th United States secretary of energy from 2017 to 2019 during the first Trump administration. He previously served as the 47th governor of Texas from 2000 to 2015 and ran unsuccessfully for the Republican nomination for president of the United States in the 2012 and 2016 elections. Born into a family of ...
Linux (/ ˈlɪnʊks / LIN-uuks) [16] is a family of open source Unix-like operating systems based on the Linux kernel, [17] an operating system kernel first released on September 17, 1991, by Linus Torvalds. [18][19][20] Linux is typically packaged as a Linux distribution (distro), which includes the kernel and supporting system software and libraries —most of which are provided by third ...
The Headquarters of the Federal Reserve System in Washington, D.C. The monetary policy of the United States is the set of policies that the Federal Reserve follows to achieve its twin objectives (or dual mandate) of high employment and stable inflation. [1] The US central bank, The Federal Reserve System, colloquially known as "The Fed", was created in 1913 by the Federal Reserve Act as the ...
Hijab and burqa controversies in Europe revolve around public reactions and opposition to the variety of headdresses worn by Muslim women, which have become prominent symbols of the presence of Islam in especially Western Europe. Although Muslim communities have long existed in parts of Eastern Europe, particularly the Balkans, the Muslim populations of Western Europe are largely the result of ...