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Art Fund is an independent membership-based British charity that raises funds to aid the acquisition of artworks for the nation. It also sponsors the Museum of the Year award and organises national fundraising campaigns to save significant works of art from being lost from public view.
An index fund is a mutual fund or ETF that replicates the performance of a specified basket of underlying investments, such as stocks, bonds or commodities. Learn about the different types of index funds, their origins, how they compare to actively managed funds and why they are popular among investors.
The federal funds rate is the interest rate at which banks lend reserve balances to each other overnight. It is a key benchmark for U.S. monetary policy and affects various market interest rates and economic indicators.
The wage–fund doctrine is a concept from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year , is determined by the relationship of wages and capital to any changes in population.
Learn about the transfer of income and wealth from some individuals to others through social mechanisms, and how it varies across economic systems and contexts. Explore the history, rationale, objectives, means, and effectiveness of redistributive policies.
Float is duplicate money in the banking system during the time between a deposit and a deduction. It affects the money supply, the currency value and the profit of banks and agents.
The applications of the marginal cost of public funds include the Samuelson condition for the optimal provision of public goods and the optimal corrective taxation of externalities in public economic theory, the determination of tax-smoothing policy rules in normative public debt analysis and social cost-benefit analysis common in practical ...
A target date fund is a collective investment scheme that adjusts its asset allocation mix over time to become more conservative as the target date (usually retirement) approaches. Learn about the history, design, glidepath, and popularity of target date funds in the US and the UK.