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For m-commerce to work effectively,the interface between the wireless,handheld device and its user must improve to the point that it is nearly as easy to purchase an item on a wireless device as it is to purchase it on a PC.
Transfer Payments
Payments made by the government to individuals or other entities without receiving any goods or services in return, such as welfare or subsidies.
Federal Taxes
Taxes levied by the national government on income, property, sales, and other activities, used to fund public services and programs.
Automatic Stabilizers
Economic policies and programs, such as unemployment insurance and progressive taxes, that automatically adjust to stabilize economic fluctuations.
Business Cycle
The natural rise and fall of economic growth over time, characterized by periods of expansion, peak, contraction, and trough.
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