Money is printed on paper and most financial transactions are done online and leaves physical gold as an archaic medium. Moving and storing bullion costs money and the product quality has a wide range. The commodity ETFs on our list are almost all ones…

The dilemma therefore arose of how to reconcile the long-run proportional consumption function with the finding from short-run and cross-section analyses that the APC exceeded the MPC. The outcome of this hypothesis is that the individuals’ APC depends on his relative position in income…

This is of course impractical, as the interest payment amount is needed by the interest payment date (typically the last day in the interest period). To allow time to complete the calculation, you essentially “look back” 5 business days to obtain the daily SONIA…

Consequently, the APC remains constant and the increase in total consumption expenditure is proportional to the increase in total income. Thus, according to the RIT, changes in current consumption are not proportional to the changes in current income only when current income increases relative…

The dilemma therefore arose of how to reconcile the long-run proportional consumption function with the finding from short-run and cross-section analyses that the APC exceeded the MPC. The outcome of this hypothesis is that the individuals’ APC depends on his relative position in income…

Even simple conversations can get bogged down with strange acronyms. We’ve already mentioned that there is a large number of abbreviations which are being used in business. Since that is the case, while being used, some of them sort of mixed with each other…