High Rents

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According to the Washington Post, rising rents are expected to be a driving force in inflation this year and have been an ongoing policy challenge for the Biden administration. Questions: By what percentage have rents increased in a number of cities? What is the average rent in cities like Austin, New York and Miami? What… Read more »

We’ve Seen This Movie Before And It Does Not End Well

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Paul Whitfield, economists differ on how much blame the Smoot-Hawley tariffs deserve for the Great Depression. They also disagree on how much credit President Franklin Roosevelt deserves for the Reciprocal Tariff Act, which put the U.S. on a path to lower  tariffs. But the market knows. Questions: According to the article, what similarities… Read more »