Recent articles by Mohammad Zaheer.http://www.trcb.com/en-Us60Sat, 26 May 2012 08:57:45 ESTCopyright 2012 Mohammad Zaheer, TRCB.com All Right Reservedhttp://www.trcb.com/finance/economics/nominal-gdp-versus-real-gdp-1069.htmIn an earlier article we measured Gross Domestic Product (GDP) using two methods (approaches)expenditure method and income method. Wed, 27 Aug 2008 22:35:50 ESThttp://www.trcb.com/finance/economics/nominal-gdp-versus-real-gdp-1069.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/economics/gdp-and-its-measurement-1055.htmGross Domestic Product (GDP) means the value of all final goods and services that a nation produces during a given periodusually a year. GDP is the most common measure of growth or lack of it of an economy. This article looks at the different terms used in the process and methods of measuring it. It is a continuation of the Circular Flow Models of an economy discussed earlier in two separate articles. Tue, 26 Aug 2008 18:48:31 ESThttp://www.trcb.com/finance/economics/gdp-and-its-measurement-1055.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/economics/circular-flow-with-all-the-components-1029.htmThe most comprehensive circular flow model includes the foreign sector. In an earlier article the discussion included the simple or basic model and the one with Three Sectors and Three Markets. Adding the foreign sector highlights the role of trade with the Rest of the World (ROW). In those models we assumed U.S. to be a closed economy. Now we open our borders for imports and exports and other international transactions.Tue, 26 Aug 2008 14:28:49 ESThttp://www.trcb.com/finance/economics/circular-flow-with-all-the-components-1029.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/economics/circular-flow-of-the-national-economy-1014.htmThe circular flow model is a fundamental representation of macroeconomic activity among the major players in the economy--consumers, producers, government, and the rest of the world. Different versions of the model sequentially combined the four sectors--household, business, government, and foreign--and the three markets--product, resource, and financial--into increasingly more comprehensive representations of the economy. This article does not include the foreign sector. Tue, 26 Aug 2008 14:23:49 ESThttp://www.trcb.com/finance/economics/circular-flow-of-the-national-economy-1014.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/retirement-planning/roth-ira-and-retirement-planning-1005.htmIndividual Retirement Account (IRA) is called traditional IRA while the Roth IRA is named after Senator William Roth of Delaware who dies in 2003. Sun, 24 Aug 2008 22:11:46 ESThttp://www.trcb.com/finance/retirement-planning/roth-ira-and-retirement-planning-1005.htmTRCB.comFinance / Retirement Planninghttp://www.trcb.com/insurance/insurance/what-is-the-best-type-of-life-insurance-for-you-999.htmLife insurance, as they say, is not for you but is for the benefits of those whom you leave behind after you die. It is to protect the family and dependents in the event of the policy holders untimely, accidental or inevitable death. As a component of planning for the future, life insurance reflects how much a person cares for his/her loved ones.There are many options with coverage, depending on ones situation. The main categories of life insurance are described below: Fri, 22 Aug 2008 21:39:46 ESThttp://www.trcb.com/insurance/insurance/what-is-the-best-type-of-life-insurance-for-you-999.htmTRCB.comInsurance / Insurancehttp://www.trcb.com/finance/mortgage/is-there-home-mortgage-for-bad-credit-906.htmWith foreclosures becoming common and unemployment rate rising to 5.7 percent and 1.6 million workers out of job, bad credit ratings for millions of Americans may also visit upon them. So even when economy recovers and unemployment rate falls, it will be hard for many to obtain a home mortgage. Even if they are approved for a home mortgage they will face increased closing costs and higher interest rates. Many will be unable to obtain or afford a home mortgage.Sun, 17 Aug 2008 17:45:22 ESThttp://www.trcb.com/finance/mortgage/is-there-home-mortgage-for-bad-credit-906.htmTRCB.comFinance / Mortgagehttp://www.trcb.com/business/business/call-center-phone-system-could-save-you-a-fortune-903.htmA call center is a centralized office system that can receive and transmit a large volume of calls over the telephone. It is set up for a variety of functions including incoming product support or information inquiries from consumers and for outgoing calls for telemarketing, clientele, and debt collection. Collective handling of letters, faxes, and e-mails at one location is known as a contact centre. Their functions can be merged into one center.Sat, 16 Aug 2008 20:24:10 ESThttp://www.trcb.com/business/business/call-center-phone-system-could-save-you-a-fortune-903.htmTRCB.comBusiness / Businesshttp://www.trcb.com/education/college-university/on-line-college-degrees-are-they-for-real-803.htmToday, a wide range of educational opportunities are being offered entirely or partially online. You can enroll in a single online course or register for a complete degree from the convenience of your home 24/7. The degree offered range from associate's degrees, bachelor's degrees, master's degrees, and even a Ph.D.Thu, 14 Aug 2008 18:50:17 ESThttp://www.trcb.com/education/college-university/on-line-college-degrees-are-they-for-real-803.htmTRCB.comEducation / College Universityhttp://www.trcb.com/news-and-society/politics/asif-ali-zardari---pakistans-emperor-in-waiting-711.htmWho would have imagined that Musharraf would ever let his sworn enemies return to Pakistan and they would be embraced by Pakistani populace as their saviors. Well when a nation and its rulers become puppets of foreign beneficiaries, may those be a king or a superpower, you have no choice.Tue, 12 Aug 2008 20:04:49 ESThttp://www.trcb.com/news-and-society/politics/asif-ali-zardari---pakistans-emperor-in-waiting-711.htmTRCB.comNews and Society / Politicshttp://www.trcb.com/health-and-fitness/weight-loss/are-jenney-craig-claims-real-or-just-hot-air-648.htmSid Craig, thoroughbred horse owner who died last July at 76 in San Diego, along with his wife Jenny, founded Jenny Craig Inc. in 1982 in Melbourne, Australia. The company eventually grew to include 655 weight loss centers in four countries. In 2006, Nestl SA bought the Carlsbad, Calif.-based company for $600 million. Mon, 11 Aug 2008 21:22:44 ESThttp://www.trcb.com/health-and-fitness/weight-loss/are-jenney-craig-claims-real-or-just-hot-air-648.htmTRCB.comHealth and Fitness / Weight Losshttp://www.trcb.com/finance/economics/what-federal-government-does-with-your-money-641.htmIn case you have no idea what the U.S. federal government does with your money that you pay in taxes, fees, or loans, this article will shock you. Despite the richest nation on the planet, we are not fiscally as sound as the government would like us to believe. The facts reported in this article are mostly from governments own sources. Mon, 11 Aug 2008 00:29:30 ESThttp://www.trcb.com/finance/economics/what-federal-government-does-with-your-money-641.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/economics/economics-of-war-and-peace-642.htmGoing to war is not cheap. May it be to defend yourself, punish your enemies, expand your empire or just for homeland security. The human cost that we suffer or inflict on our enemies cannot be measured in dollars and cents. Moreover, in the process many innocent lives are lost, physical and mental injuries abound, children are orphaned, and wives and husbands widowed. Planet earths infrastructure is blown away, ecology takes a hit, and it takes years to recover, rebuild, and restart our lives.Mon, 11 Aug 2008 00:29:14 ESThttp://www.trcb.com/finance/economics/economics-of-war-and-peace-642.htmTRCB.comFinance / Economicshttp://www.trcb.com/business/small-business/how-to-incorporate-your-business-636.htmMost likely you are already in business and are thinking about becoming a corporation. Broadly speaking there are two kinds of corporations, private and public. When a private corporation decides to go public, it means it has decided to sell its shares/stock to the general public.Thu, 07 Aug 2008 22:13:53 ESThttp://www.trcb.com/business/small-business/how-to-incorporate-your-business-636.htmTRCB.comBusiness / Small Businesshttp://www.trcb.com/business/editing-and-writing/resume-outline-the-key-to-getting-hired-626.htmOn average a prospective employer has less than a minute per resume to glance over hundreds that drop on his/her desk. However, if your resume stands out and retains his/her attention a little longer, then there is chance that it will be read from top to bottom. The key is not what one puts in the resume but how the information is presented to attract attention and then retains it.Thu, 07 Aug 2008 15:57:02 ESThttp://www.trcb.com/business/editing-and-writing/resume-outline-the-key-to-getting-hired-626.htmTRCB.comBusiness / Editing & Writinghttp://www.trcb.com/business/editing-and-writing/drafting-a-winning-cover-letter-for-your-resume-627.htmThe cover letter is as, if not more, important than the resume you will submit by mail or through a posting on a website. While a resume can extend to two pages, a cover letter should be no longer than one page since a longer cover letter has little chances of being read. Just as if a speaker takes an hour to say what can easily be said in fifteen minutes, a cover letter should be able to convey all that you must on one page.Thu, 07 Aug 2008 15:56:45 ESThttp://www.trcb.com/business/editing-and-writing/drafting-a-winning-cover-letter-for-your-resume-627.htmTRCB.comBusiness / Editing & Writinghttp://www.trcb.com/finance/taxes-property/things-to-know-for-donating-your-car-547.htmInternal Revenue Service (IRS) over the years has changed the laws to exercise more scrutiny for making chartable contributions especially involving cars. So that one can no longer claim a sizable tax deduction by donating a clunker, the IRS has developed guidelines for donors to follow and abide by. In additions to car people can donate RVs, boats, trailers, motorcycle, jet ski, bus motor homes, campers and personal watercraft and snowmobilesTue, 05 Aug 2008 14:00:33 ESThttp://www.trcb.com/finance/taxes-property/things-to-know-for-donating-your-car-547.htmTRCB.comFinance / Taxes Propertyhttp://www.trcb.com/finance/structured-settlements/buying-or-selling-a-structured-settlement-541.htmA structured settlement is a financial or insurance arrangement, including periodic payments, that a claimant accepts to resolve a personal injury tort claim or to compromise a statutory periodic payment obligation. Federal structured settlement laws include sections of the (federal) Internal Revenue Code. State structured settlement laws include structured settlement protection statutes and periodic payment of judgment statutes. Mon, 04 Aug 2008 17:31:47 ESThttp://www.trcb.com/finance/structured-settlements/buying-or-selling-a-structured-settlement-541.htmTRCB.comFinance / Structured Settlementshttp://www.trcb.com/news-and-society/environmental/economics-of-environment--local-and-global-solutions-539.htmDamage to the environment has become a matter of increasing concern in recent years. Economic growth brings with it problems of air and water pollution, noise, smell, congested towns, waste disposal, traffic jams, and tensions. Economics of and damage to the environment impose on us two kinds of costs:Mon, 04 Aug 2008 17:24:22 ESThttp://www.trcb.com/news-and-society/environmental/economics-of-environment--local-and-global-solutions-539.htmTRCB.comNews and Society / Environmentalhttp://www.trcb.com/news-and-society/environmental/environment--challenges-issues-and-policies-of-pakistan-540.htmHere below are the main points from the National Environment Policy document issued in June 2005 by the Ministry of Environment, Government of Pakistan. After reading the policy document one must realize the alarming situation and the challenges Pakistan is facing about environment. Not much, however, has been achieved since the policy was issued. Mon, 04 Aug 2008 17:18:09 ESThttp://www.trcb.com/news-and-society/environmental/environment--challenges-issues-and-policies-of-pakistan-540.htmTRCB.comNews and Society / Environmentalhttp://www.trcb.com/legal/taxes/problems-that-may-require-an-irs-tax-lawyer-538.htmIn case you have problems in understanding and filing your returns with Internal Revenue Service (IRS), then you can visit the IRS website at: http://www.irs.gov/index.html where you can find lot of help and all the forms that can be downloaded. When your returns are rather complicated, you do not need an IRS Tax lawyer but an accountant. However, when you are in default having not filed your returns and/or not paid taxes due, then you need to consult an IRS tax lawyer. Sat, 02 Aug 2008 23:37:23 ESThttp://www.trcb.com/legal/taxes/problems-that-may-require-an-irs-tax-lawyer-538.htmTRCB.comLegal / Taxeshttp://www.trcb.com/finance/economics/how-banks-create-money-out-of-thin-air-525.htmThe Federal Reserve System, generally known as The Fed is the central Bank of the United States that was created by an act by U.S. Congress in December 1913. Since then all other banks lost the authority to print and issue their own currency. However, they still exercise a great deal of power to create money literally out of thin air with some help from The Fed, of course. Sat, 02 Aug 2008 15:17:37 ESThttp://www.trcb.com/finance/economics/how-banks-create-money-out-of-thin-air-525.htmTRCB.comFinance / Economicshttp://www.trcb.com/finance/economics/money-and-banks-their--origin-and-functions-504.htmMoney is what money doesit facilitates the exchange of goods and services. Almost anything from precious metals (gold and silver) to a piece of paperpaper currency or a check. Now credit cards (called plastic money) are also widely accepted as good as a gold coins. Before money was invented it was very inconvenient and even impossible for sellers to sell and buyers to buy products. Before money was invented the world was on a barter system which to a very limited degree is still practiced.Fri, 01 Aug 2008 20:51:08 ESThttp://www.trcb.com/finance/economics/money-and-banks-their--origin-and-functions-504.htmTRCB.comFinance / Economicshttp://www.trcb.com/legal/personal-injury/personal-injury-lawyers-for-you--some-guidelines-503.htmBefore you go about wasting your time chasing a personal injury lawyer for yourself, you should evaluate how serious is the injury that resulted from the accident. Taking someone to court over a minor whiplash or bump might not be wise. It only makes sense in hiring a personal injury lawyer if the injury has caused you physical, mental, and financial pain and would keep you from earning your livelihood. Fri, 01 Aug 2008 20:00:20 ESThttp://www.trcb.com/legal/personal-injury/personal-injury-lawyers-for-you--some-guidelines-503.htmTRCB.comLegal / Personal Injuryhttp://www.trcb.com/sales-and-marketing/business-networking/what-to-look-for-in-conference-call-companies-501.htmThe revolution in telecommunication has helped making the world a global village in the real sense of the word. So in order to reach the fore corners of the world, one no longer has to travel thousands of miles. The globalization of trade, manufacturing, and distribution of goods and services has made instant communication all the more essential. Fri, 01 Aug 2008 00:36:54 ESThttp://www.trcb.com/sales-and-marketing/business-networking/what-to-look-for-in-conference-call-companies-501.htmTRCB.comSales and Marketing / Business Networking