Deflation is a general decrease in the level of prices for goods and services.
Deflation is usually associated with a contraction in the supply of money and credit, but prices can also fall due to productivity growth and technological improvements.
Deflation or inflation of the economy, price level and money supply changes the attractiveness of various investment options.
Economic efficiency is when every scarce resource in the economy is used and distributed between producers and consumers in such a way as to provide the greatest economic return and benefit to consumers.
The Foreign Account Taxation Act (FATCA) requires US citizens to file annual returns on any foreign accounts and pay any taxes due on them in order to curb tax evasion.
Generation Skip Transfer Tax (GSTT) is a federal tax that arises when property is transferred by gift or inheritance to a beneficiary (other than spouse) who is at least 37.5 years younger than the donor.
The “golden rule” of public spending is fiscal policy, which says that the government should increase borrowing only in order to invest in projects that will pay off in the future.