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President Bush was in office from January 2001 to January 2009, a complex and challenging economic and budgetary time. In addition to two recessions (2001 and the Great Recession of 2007–2009), the U.S. faced a housing bubble and bust, two wars, and the rise of Asian competitors, mainly China, which entered the World Trade Organization (WTO ...
A one-hit wonder is a musical artist who is successful with one hit song, but without a comparable subsequent hit. [1] The term may also be applied to an artist who is remembered for only one hit despite other successes (such as "Take On Me" by a-ha in the United States, [2] [3] [4] which topped a Rolling Stone magazine poll to find the top one-hit wonder).
George Herbert Walker Bush[ a] (June 12, 1924 – November 30, 2018) was an American politician, diplomat, and businessman who served as the 41st president of the United States from 1989 to 1993. A member of the Republican Party, he also served as the 43rd vice president from 1981 to 1989 under Ronald Reagan and previously in various other ...
A hot dog[ 1][ 2] is a dish consisting of a grilled, steamed, or boiled sausage served in the slit of a partially sliced bun. [ 3] The term hot dog can refer to the sausage itself. The sausage used is a wiener ( Vienna sausage) or a frankfurter ( Frankfurter Würstchen, also just called frank ).
A good's price elasticity of demand ( , PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good ( law of demand ), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent ...
In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue. [ a ...
Clinton Bush Haiti Fund. One America Appeal. v. t. e. The Economic Stimulus Act of 2008 ( Pub. L. 110–185 (text) (PDF), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions ...
9. It's a Loss Leader. The intentional, ridiculously low price of the hot dog is a strategic decision by Costco. Like its rotisserie chickens, Costco doesn't make money on the hot dog itself, but ...