Month: March 2020

Revealed preference, a theory offered by American economist Paul Anthony Samuelson in 1938, states that consumer behavior, if their income and the item’s price are held constant, is the best indicator of their preferences.

A withdrawal plan is a financial plan that allows a shareholder to withdraw money from a mutual fund or other investment account at predetermined intervals. Often, this type of plan is used to fund expenses during retirement. However, it may be used for other purposes as well.

The term employment agency fee refers to a fee paid by a company to an employment agency when it successfully places a suitable employee with that employer. Fees tend to vary widely from one agency to another, as they are at the discretion of the agency. There are two types of employment agency fees—employer-paid fees and applicant-paid fees.

A hardship exemption is an event that prevents an individual from obtaining health insurance. This approved exception prevents the person from paying a penalty for not having health insurance during the hardship period. A hardship exemption can be granted if an individual is in a situation that affects his or her ability to purchase health coverage. Hardship exemptions are a provision in the Patient Protection and Affordable Care Act (ACA), signed into law on March 23, 2010. Starting in 2014, most individuals were required to have an acceptable health-coverage level – known as minimum essential coverage – or pay a fee (individual shared responsibility payment). In certain cases, people can qualify for exemptions, including hardship exemptions, whereby no penalty is assessed9. As of 2019, the penalty for not having health insurance is eliminated; the exemptions below apply to the 2015-2018 tax years. read more

Money flow is calculated by averaging the high, low and closing prices, and multiplying by the daily volume. Comparing that result with the number for the previous day tells traders whether money flow was positive or negative for the current day. Positive money flow indicates that prices are likely to move higher, while negative money flow suggests prices are about to fall. The below example shows negative money flow between Day One and Day Two:

Uncle blocks are the Ethereum equivalent of Bitcoin’s orphan block, with a few differences. Like orphan blocks, which are associated with Bitcoin, uncle blocks are commonly associated with Ethereum-based blockchains. Similar to Bitcoin’s orphan blocks, uncle blocks are valid and are mined in a genuine manner, but get rejected from the main blockchain due to the working mechanism of the blockchain. (For more, see Orphan Block (Cryptocurrency) Definition.)

Lobby is a group of like-minded people banded together to influence an authoritative body, or, as a verb, to exert that influence (i.e., to lobby). A lobby is typically formed to influence government officials to act in a way that is beneficial to the lobby’s best interests, either through favorable legislation or by blocking unfavorable measures. Lobby groups consist of individuals, groups and companies and can be particularly active and well-funded by certain industries. Because of the negative effect lobbies can have by essentially circumventing the democratic process, some countries feel the need to regulate their activities. read more

A white-collar worker belongs to a class of employees known for earning higher average salaries doing highly skilled work, but not by performing manual labor at their jobs. White-collar workers historically have been the shirt and tie set, defined by office jobs and management, and not getting their hands dirty.

Lobby is a group of like-minded people banded together to influence an authoritative body, or, as a verb, to exert that influence (i.e., to lobby). A lobby is typically formed to influence government officials to act in a way that is beneficial to the lobby’s best interests, either through favorable legislation or by blocking unfavorable measures. Lobby groups consist of individuals, groups and companies and can be particularly active and well-funded by certain industries. Because of the negative effect lobbies can have by essentially circumventing the democratic process, some countries feel the need to regulate their activities. read more

A white-collar worker belongs to a class of employees known for earning higher average salaries doing highly skilled work, but not by performing manual labor at their jobs. White-collar workers historically have been the shirt and tie set, defined by office jobs and management, and not getting their hands dirty.