As of April 2017, 44.2 million Americans bear $1.41 trillion in United States student loans. Student loans have recently surpassed US credit card debt by approximately $620 billion. Average student loans for graduates in the state of Virginia amounted to
Smith’s Invisible Hand Continues To Push Used-Car Prices Downward
Adam Smith’s teachings from a Wealth of Nations continue to provide a basis for determining the price of goods. The father of economics believed that suppliers and demanders, acting in their own self-interest, ultimately determine the price of a good
Increasing Income for Low Income Families
The last time the federal minimum wage was raised was in 2009 to $7.25 per hour. Since then minimum wage has lost 30% of its value in real terms. As inflation has occurred, minimum wage has remained stagnant thus contributing
Youth Football Participation on NFL Future
The number of children playing football has increased within the past year according to data collected by the Sports & Fitness Industry Association. A total of 1.23 million youth ages 6-12 played tackle football in 2015 (an increase of 1.15%
Engel Curve for RGDP Per Capita against US Gasoline Consumption
For my SAS regression, I chose the following variables: RGDP per Capita (RGDP per capita) stated in dollar terms Overall United States gasoline consumption (overall gas consumption) stated in thousand barrels Consumer Price Index (CPI Index) Average nominal price of