2010 Stimulus check & Economic Stimulus Package News & Update

Stimulus Check

2010 Stimulus check

The 2010 stimulus check is set to help over 90% of Americans, but how will this affect you? The changes... 


Economic, Insurance, Legal, Loan & Tax

Deflation

Deflation Definition According to economy, deflation is a continued decrease in the general price level of goods and services in an economy. In other words, a general dwindling in prices, usually caused by a decrease in the supply of money or credit. This is to say that an economy becomes deflated when the inflation rate decreases to below the zero percent mark, hence resulting in an increase in real money value. Whereas inflation enhances the real value of money, deflation on the other hand increases the real value of money over a period of time. Causes of deflation One main cause of deflation in an economy is how the supply and demand of goods and services combines with the supply and demand for money. More particularly when the supply of money decreases and the good’s supply escalate. A monetarist sees the primary cause of deflation... 

Sticky economics

The term sticky economics is used especially in regard to social sciences and most importantly in connection to economics. The term sticky economics is used to describe the situation where the variable becomes opposed to any kind of change. It has been seen that the nominal wages are often said to be sticky. This is because of the reason that though the market forces are able to decrease the actual worth of labor in a given industry, the salary that are given to these labors remains to be the same at the earlier stage only. Such a condition can occur when some institutional factors are related to it. Some of these institutional factors which lead to such a condition include commitments done because of any kind of legal contract such as when the office leases out and the employment of the workers contracts down. Some other factors are also... 

Different Income Assitance Programs

Many people and families across the world suffer from various burning issues like unemployment, lack of education or job skills to acquire a job, low income, suffer from substance abuse and disability. Those people who undergo these difficulties can apply for income assistance programs of various governments of their countries. US also offer these income assistance programs for the benefit of these people. Income assistance provides aid through various programs like housing vouchers, supplementary security income, food stamps, energy assistance vouchers and housing assistance. You can have a look at what all these programs mean. Housing Vouchers These vouchers is available to the individuals based upon their needs. Individuals and families that fall under lower income group levels can receive housing coupons or vouchers form the government,... 


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