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Investopedia / Katie Kerpel A gig economy is a labor market that relies heavily on temporary and part-time positions filled by independent contractors and freelancers rather than full-time ...

Most of the time, a strong economy means that jobs are being added quickly. In the same way, big drops could mean that contractions are coming. Even though these are broad trends, it is important to ...

The NBER's definition emphasizes that a recession involves a significant decline in economic activity that is spread across ... income-side estimates of real gross domestic product (GDP and GDI). The ...

Definition: Wage drift is defined as the difference or change ... Wage drift increases when the company or the economy is on a high growth path and declines when the growth rate slows down or during ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

We will provide the a definition of deficit economics, cover the types of deficits, and how they impact individuals, companies, and governments Is the Meaning of a Deficit? A deficit is a ...

Definition: Seigniorage is the difference between the value of currency/money and the cost of producing it. It is essentially the profit earned by the government by printing currency. Description: It ...

Economic profit is the total revenue minus total costs, including both explicit and implicit costs. It accounts for opportunity costs and includes the cost of equity capital. Economic profit is a ...

strong divergence can mean that one or the other is misrepresenting economic conditions. In the third quarter, real GDP stood 2.6% higher than GDI. But it's likely that this wide gap will shrink ...

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