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Elasticity - Elasticity is one of the most important terms in economics, and has a plethora of uses. Economists define elasticity as the ratio of the percent change in one variable to the percent change in another valuable. Read More...Business
Personal Finance
Reconciling Accounts - Your parents probably have experience reconciling their checkbook by comparing your own written records with their bank statements. In today’s world, reconciling your checkbook isn’t a common activity for two reasons: Paper checks probably only… Read More...
Spending Plan - Definition of Spending Plan A "Spending Plan" is exactly as it says - a plan of what you will be spending each month. There are usually two parts - your "fixed" spending and your "variable"… Read More...
Homeowner’s Insurance - Homeowner’s Insurance is a broad type of insurance coverage designed to cover a home and the property it sits on. This insurance is very broad, wrapping many different types of coverage into one package. If… Read More...Planning Long-Term Purchases - When you are evaluating how to spend your money, most people make a fairly simple comparison – if the benefit you think you will get from the purchase is bigger than the cost, then most… Read More...
