Economics

In economics, the debt-to-GDP ratio is the ratio of a country’s government debt (measured in currency units) to its gross domestic product (GDP) (measured in…

Energy return on investment (EROI), also known as energy returned on energy invested (ERoEI), is a ratio that quantifies the quantity of usable energy delivered…

A non-renewable resource, also known as a finite resource, is a natural resource found under the earth’s surface that does not refill at the same…

A voluntary trust, also known as an inter vivos trust, is a sort of living trust that is established during the trustor’s lifetime. It is…

Voluntary simplicity, often known as VS, is a way of living that involves avoiding unneeded stress, consumption, expenditure, and cravings. Even if they don’t wish…

Voluntary simplicity (VS), also known as simple living, the simple life, or downshifting, is a way of life that rejects the “hustle and bustle” of…

The net quantity of foreign assets that a country possesses, or the total value of a country’s foreign assets minus the entire value of assets…

The economic output of a country is measured by its net domestic product (NDP). It is equivalent to a country’s gross domestic product (GDP) minus…

A macroeconomic measure of a country’s gross domestic product that has been corrected for inflation is known as real gross domestic product (real GDP). This…

The wholesale price index, or WPI, is a metric that tracks changes in the pricing of items sold and traded in bulk by wholesalers to…

The paasche price index is a consumer price index that compares the price and quantity of a basket of products and services to a base…

A price-weighted index (also known as PWI) is a type of stock market index in which each component of the index is weighted according to…