Full Employment.

The term “full employment” is most commonly used in macroeconomic contexts, and refers to the situation in which there are as many jobs available as there are workers seeking employment. In other words, full employment represents a situation in which the economy is operating at or near capacity. There are a number of different ways … Read more

What is a balance update?

The balance update is the adjustment of the value of the assets of a company so that they have the current real value, due to the increase in the cost of living. It is about reassessing the assets of a company to adjust them to the rise in inflation. This revaluation is made on tangible … Read more