Governments tax people through excess fees, legal penalties, and other forms of taxation in the hope to recoup revenue.
one city in Missouri imposed many new fines and taxes to add revenue to their budget. The method they implemented is called Nickel and Dime Economics
by jondich September 20, 2022
by EconomicAnorexic January 26, 2012
AP Economics is a scam class made by the collegeboard, which is ironic because they’re basically a true definition of a monopoly. If you don’t know what a monopoly is, it’s when one firm controls an entire market, getting to set their own high inflated prices, benefiting few consumers achieving a near productive or allocated efficiency. Does this sound familiar? Oh wait that’s literally the Collegeboard (commentary credit to @AnxiousJoe on Youtube. You can find it on his AP Test Tier List video.), and on top of that, you will find yourself graphing A LOT!! If you’re not a math or statistics person, graphing is going to be difficult for you. This class is basically a second math class even though it claims “that it’s minimal”, gurl I still have to find the area of a triangle in AN ECON CLASS. You may have to deal with poor grades and bad GPA!! Side effects of this class includes watching too much Jacob Clifford videos, staying up until 3 AM, having a low self-esteem, graphing until your hands hurt (aka arthritis), joints swelling, being on meds like advil and tylenol, and having mental breakdowns.
student 1: how was the ap economics test?
student 2: man i don’t understand microeconomics. what the hell is the supply and demand curve? i still don’t understand what price elasticity means.
second semester:
student 1: dude do you know what a monopoly is?
student 2: what the hell is that? i’m not learning macroeconomics right now.
student 2: man i don’t understand microeconomics. what the hell is the supply and demand curve? i still don’t understand what price elasticity means.
second semester:
student 1: dude do you know what a monopoly is?
student 2: what the hell is that? i’m not learning macroeconomics right now.
by kiwikookie November 08, 2022
Government and Central Bank policies of lower interest rates, higher taxes, wealth redistribution, and stimulus spending to create supposed prosperity or alleviate economic ills without the realization of any negative effects occurring as a result of their economic actions in the economy.
The recent Inflation Reduction Act is Candyland economics because it spends more money and increases taxes, instead of addressing the issue of inflation which is a monetary problem.
by jondich September 18, 2022
The theoretical study of using made up science to explain everything. Economists typically live on boats.
by I'm online as 3 July 30, 2021
Meaning of Council for Mutual Economic Assistance in English:
Council for Mutual Economic Assistance
PROPER NOUN
historical
fuller form of Comecon
Origin
Translating Russian Sovet ékonomicheskoĭ vzaimopomoshchi.
Council for Mutual Economic Assistance
PROPER NOUN
historical
fuller form of Comecon
Origin
Translating Russian Sovet ékonomicheskoĭ vzaimopomoshchi.
How to use Council for Mutual Economic Assistance (ˈkaʊns(ə)l fɔ (r) ˈmju tʃuəl ˌi kəˈnɒmɪk əˈsɪst(ə)ns) in a sentence is still unknown.
Council for Mutual Economic Assistance (ˈkaʊns(ə)l fɔ (r) ˈmju tʃuəl ˌi kəˈnɒmɪk əˈsɪst(ə)ns)
Council for Mutual Economic Assistance (ˈkaʊns(ə)l fɔ (r) ˈmju tʃuəl ˌi kəˈnɒmɪk əˈsɪst(ə)ns)
by ANCIENT_WOLFY January 20, 2022
You know the economy is going to cum back, but you don't know when, and you don't know where it might go.
Helen told her boyfriend that his orgasms were so inconsistent, he should be studying the Theory of Economic Ejaculation.
by Bob Velvetta April 06, 2020