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Government Assistance Programs

Details: The COVID-19 pandemic put government assistance programs into overdrive. Affected individuals and businesses can take advantage of one or more of these programs to help them get through the

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U.S. Government COVID-19 Economic Stimulus and Relief …

Details: The government has enacted several laws to provide relief to businesses and individuals, including the CARES Act and the American Rescue Plan Act. Eviction and foreclosure moratoriums, paycheck

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Government Security Definition

Details: Whole Pool: In the mortgage-backed securities market, whole pools refer to mortgage certificates where ownership is represented by an undivided interest in entire pools of mortgages. The term

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An Introduction to Government Loans

Details: The government doesn't always lend money directly. In some cases, it guarantees loans made by banks and finance companies. The most common government loans are student loans, housing loans, and

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US Government Shutdown Avoided for Now

Details: Congress averted a Friday, December 3, government shutdown by passing a temporary funding measure Thursday evening—first in the House of Representatives and, a short while later, in the Senate.

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5 Government Interventions: Did They Work

Details: A recent major intervention was the massive deployment of manpower and resources after BP's Deepwater Horizon disaster in 2010. Important historical government interventions include President

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Government Grant Definition

Details: A government grant is a financial award given by the federal, state, or local government to fund some type of beneficial project. Because government grants are funded by tax dollars, they include

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Government Bond Definition

Details: Government Bond: A government bond is a debt security issued by a government to support government spending. Federal government bonds in the United States include savings bonds, Treasury bonds and

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The U.S. National Debt Explained: History and Costs

Details: The national debt is the net accumulation of the federal government's annual budget deficits. It is the total amount of money that the U.S. federal government owes to its creditors. To make an

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Unicameral System

Details: Unicameral System: A government with one legislative house or chamber. Unicameral is the Latin word that describes a single-house legislative system.

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Welfare Definition

Details: Welfare is a government program that provides financial aid to individuals and families. Learn how welfare works, the types of programs, and who qualifies.

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Plutocracy Definition

Details: Plutocracy: A government controlled exclusively by the wealthy either directly or indirectly. A plutocracy allows, either openly or by circumstance, only …

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Government Pension Fund of Norway Definition (GPFN)

Details: The Government Pension Fund of Norway is made up of two separate Norwegian investment funds with different mandates. The first is the Government Pension Fund Global (GPFG), also known as the Oil Fund.

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International COVID-19 Economic Stimulus and Relief

Details: The government asked lenders to give smaller companies debt deferments from Jan. 25, 2020, to June 30, 2020. Banks have been asked to give forbearance on mortgage and other personal loans.

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Gridlock Definition

Details: Gridlock: A government, business or institution's inability to function at a normal level due either to complex or conflicting procedures within the administrative framework or to impending change

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Government Of Singapore Investment Corporation (GIC)

Details: The Government of Singapore Investment Corporation (GIC) is a government-owned company assigned to manage Singapore's sovereign wealth fund. The fund is now officially named: GIC Private Limited

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Bureaucracy Definition

Details: A bureaucracy is an administrative, government, or social system with a hierarchical structure and complex rules and regulations.

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Impact of Government & Policy on an Economy

Details: Inspectorial Powers: A state administrator's or other regulatory entity's power to initiate investigations to determine whether provisions of the Uniform Securities Act have been violated or …

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Navient to Cancel $1.7 Billion in Private Student Loan Debt

Details: 19 hours ago · Navient ended its contract with the federal government in 2021, and now only services private student loans. There are two claims from the 39 states that sued Navient in six separate lawsuits.

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How Government Budgetary Decisions Impact the Public Sector

Details: Government XYZ has many obligations, some that are discretionary and others that are mandatory. The annual level of mandatory spending, often referred to as entitlement spending, for programs such

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What Role Does the Government Play in Capitalism

Details: Capitalism is a type of economic system in which trade and industry are driven by private owners and the individual rather than the government. Voluntary trade dominates, with resources vying to

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