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Understanding Relative Purchasing Power Parity (RPPP) in Economics | ORBITAL AFFAIRS
Relative purchasing power parity (RPPP) is the view that inflation differences between two countries will have an equal impact on their exchange rate.
Monetary Base: Definition, Inclusions, Example
A monetary base is the total amount of a currency in general circulation or in the commercial bank deposits held in the central bank's...
UFCF: Definition and Formula for Unlevered Free Cash Flow
Unlevered free cash flow (UFCF) is a company's cash flow before interest payments are taken into account. UFCF can be reported in a company's...
6 Ways to Deduct Car Expenses
Reduce the cost of owning and maintaining a car with these clever tax tips.
Sovereign Credit Rating: Definition, How They Work, & Agencies
A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might...
Home Insurance Declaration Page
A homeowners insurance declaration page is a summary of the key facts about your policy. Here’s how to read yours and what it means.
Understanding the Balance of Payments
The balance of payments is how a country tracks how much money is coming in and going out. Learn what makes up the balance...