Tag: pandemic
Package Deal
DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on...
W-Shaped Recovery
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...
U-Shaped Recovery
What is U-shaped recovery
In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe...
U.S. House Financial Services Committee
DefinitionThe United States House Committee on Financial Services is the committee of the United States House of Representatives that oversees the entire financial services...
V-Shaped Recovery
What is V-shaped Recovery
A V-shaped recovery is when an economy rebounds quickly after a sharp decline. The name comes from the shape of the...
U.S. Agency for International Development (USAID)
What is 'U.S. Agency for International Development - USAID' An independent federal agency of the United States that provides aid to citizens...
T-Account
What is a T-account
A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks...
A. Michael Spence
DefinitionAndrew Michael Spence is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph...
Baby Boomer
What are baby boomers and what generation do they belong to
A baby boomer is a person who was born between 1946 and 1964. So,...
Jackson Hole Economic Symposium
What is 'Jackson Hole Economic Symposium' An annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held...