Understanding The Debt Ceiling
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What does it mean when the U.S. government raises the debt ceiling? What purpose does it serve and what risks are involved raising it?
GDP stands for gross domestic product and is the measure of the total economic output of the goods and services of a country.
A current account deficit occurs when a country spends more money on the goods and services it imports than it receives for the goods and services it exports.
The Big Mac Index is an informal way to gauge the values of currencies around the world against the U.S. dollar.
Fiscal Policy is the combined governmental decisions regarding its taxing and spending.
Purchasing Power Parity (PPP) compares different countries' currencies through a market "basket of goods" approach. Two currencies are in PPP when a market basket of goods (taking into account the exchange rate) is priced the same in both countries.
Weighted average cost of capital may be hard to calculate, but it's a solid way to measure investment quality
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