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Understanding Inflation
Inflation is a complicated concept. Under ideal circumstances, an inflation rate of 2 or 3 percent can be good for the economy, as it helps boost businesses' profits. Unchecked, …
Understanding Taxation
What are taxes and what are they used for? Through this book, students will gain a general understanding of the obligatory fees each person in a country is required to pay the …
Understanding Globalization
This volume helps demonstrate the interconnectedness of international economies and cultures in the twenty-first century. Through discussions of economic, political, and cultural …
Understanding Recessions
Readers will learn about recessions and how they are a part of the normal economic cycle: peak, recession, trough, and recovery. This narrative explores how inflation and the …