Fiscal Contraction and Economic Expansion: The 2013 Sequester and
... on health, education, and renewable energy, among other categories. The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 brought another $916.8 billion in stimulus by prolonging the Bush tax cuts, cutting payroll taxes, and extending unemployment coverage. The Middle C ...
... on health, education, and renewable energy, among other categories. The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 brought another $916.8 billion in stimulus by prolonging the Bush tax cuts, cutting payroll taxes, and extending unemployment coverage. The Middle C ...
Potential GDP
... real GDP may be higher or lower than potential GDP. • The output gap is the difference between actual and potential GDP. • The output gap is negative when actual GDP is less than potential, and positive when the output is greater than potential. ...
... real GDP may be higher or lower than potential GDP. • The output gap is the difference between actual and potential GDP. • The output gap is negative when actual GDP is less than potential, and positive when the output is greater than potential. ...
Interactive Tool
... changes in real GDP, was 4.4 percent in the 1960s. Average rates of growth decreased during the 1970s (3.3%), the 1980s (3.0%), and the first half of the 1990s (2.2%). In the last five years of the 1990s, the rate of growth in real GDP increased to 3.8 percent, with the last three years of the 1990s ...
... changes in real GDP, was 4.4 percent in the 1960s. Average rates of growth decreased during the 1970s (3.3%), the 1980s (3.0%), and the first half of the 1990s (2.2%). In the last five years of the 1990s, the rate of growth in real GDP increased to 3.8 percent, with the last three years of the 1990s ...
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... structure of the banking sector (16 out of the 35 credit institutions in Croatia are In April 2015, Croatia faced the second-highest interforeign-owned banks) a large part of borrowing est rate among its peer countries, after Hungary, on from credit institutions could also be considered de long-ter ...
... structure of the banking sector (16 out of the 35 credit institutions in Croatia are In April 2015, Croatia faced the second-highest interforeign-owned banks) a large part of borrowing est rate among its peer countries, after Hungary, on from credit institutions could also be considered de long-ter ...
Prospects for Employment: Evidence from Prior Recoveries
... facilities without any adverse impacts, as soon as next month – as the Federal Open Market Committee affirmed in its statement last month. But despite the improvement in financial conditions, the recovery in the real economy has proceeded more slowly – with the declines in the first half of 2009 tur ...
... facilities without any adverse impacts, as soon as next month – as the Federal Open Market Committee affirmed in its statement last month. But despite the improvement in financial conditions, the recovery in the real economy has proceeded more slowly – with the declines in the first half of 2009 tur ...
S trategic A nalysis
... these cuts the recession, both in aggregate demand and asset prices, would probably have been even larger than it was. Nevertheless, interest rate cuts have been shown to be largely ineffective in counteracting the forces of contraction. Mortgage rates have fallen to a relatively low level, which ma ...
... these cuts the recession, both in aggregate demand and asset prices, would probably have been even larger than it was. Nevertheless, interest rate cuts have been shown to be largely ineffective in counteracting the forces of contraction. Mortgage rates have fallen to a relatively low level, which ma ...
Zambia - Unesco
... past 12 years, real GDP per capita growth has been 2.7 percent per year, real growth in national wealth (5.9 percent per year) having been absorbed in part by the significant increase in the population (2.8 percent per year). In 2012, the primary school-aged population (for a seven-year cycle) repre ...
... past 12 years, real GDP per capita growth has been 2.7 percent per year, real growth in national wealth (5.9 percent per year) having been absorbed in part by the significant increase in the population (2.8 percent per year). In 2012, the primary school-aged population (for a seven-year cycle) repre ...
ECONOMY USA IN BRIEF
... stable government, and a relatively welleducated workforce, the U.S. economy has some competitive advantages in the world marketplace. Importantly, it also has a willingness to endure, even embrace, change. The U.S. economic system reflects what 20th-century Austrian economist Joseph Schumpeter desc ...
... stable government, and a relatively welleducated workforce, the U.S. economy has some competitive advantages in the world marketplace. Importantly, it also has a willingness to endure, even embrace, change. The U.S. economic system reflects what 20th-century Austrian economist Joseph Schumpeter desc ...
Initiates file download
... refers to meat, dairy products and bakery & macaroni. The domestic market is underdeveloped and fragmented. There was estimated 22 percent of population to be undernourished in 2005-2007. Food and Agriculture Organization of the United Nations Regional Office for Europe and Central Asia ...
... refers to meat, dairy products and bakery & macaroni. The domestic market is underdeveloped and fragmented. There was estimated 22 percent of population to be undernourished in 2005-2007. Food and Agriculture Organization of the United Nations Regional Office for Europe and Central Asia ...
Good Morning, %%merge namis.dbo
... Mexico improved slightly in January, but manufacturing activity remained subpar. The Markit Mexico Manufacturing PMI rose from 50.2 in December—just barely above neutral territory and its slowest pace since October 2013—to 50.8 in January. New orders (up from 50.4 to 51.1), exports (up from 51.8 to ...
... Mexico improved slightly in January, but manufacturing activity remained subpar. The Markit Mexico Manufacturing PMI rose from 50.2 in December—just barely above neutral territory and its slowest pace since October 2013—to 50.8 in January. New orders (up from 50.4 to 51.1), exports (up from 51.8 to ...
Insert D, Ch 23
... by its percentage rate of growth. Thus, if Mexico’s real GDP per person is growing at 7 percent per year, it will take about 10 years (= 70/ 7) to double. Apply the rule of 70 to solve the following problem. Real GDP per person in Mexico in 2005 was about $11,000 per person, while it was about $44,0 ...
... by its percentage rate of growth. Thus, if Mexico’s real GDP per person is growing at 7 percent per year, it will take about 10 years (= 70/ 7) to double. Apply the rule of 70 to solve the following problem. Real GDP per person in Mexico in 2005 was about $11,000 per person, while it was about $44,0 ...
Issue Brief
... for the program would reach nearly $1.3 trillion, or 4.7 percent of GDP, if current laws remained in place. Medicare also collects substantial offsetting receipts — mostly in the form of premiums paid by beneficiaries — which, in CBO’s baseline projections, rise from $101 billion in 2016 to $210 bil ...
... for the program would reach nearly $1.3 trillion, or 4.7 percent of GDP, if current laws remained in place. Medicare also collects substantial offsetting receipts — mostly in the form of premiums paid by beneficiaries — which, in CBO’s baseline projections, rise from $101 billion in 2016 to $210 bil ...
Policy Statement - Bank of Botswana
... need to maintain competitive interest rates has become particularly important since the abolition of exchange controls, a situation which allows free movement of capital. Positive real interest rates promote capital inflows and encourage domestic financial savings, both of which are essential for fi ...
... need to maintain competitive interest rates has become particularly important since the abolition of exchange controls, a situation which allows free movement of capital. Positive real interest rates promote capital inflows and encourage domestic financial savings, both of which are essential for fi ...
According to estimates from MassBenchmarks, Massachusetts real gross domestic product
... years productivity growth has been faster. As measured by GDP to payroll employment, real output per worker rose from $100,800 in 2001 to $120,300 in 2012.7 Relative to New England as a whole, this productivity measure for Boston was 9.7% higher in 2001, and 13.6% higher by 2012. Boston’s higher rat ...
... years productivity growth has been faster. As measured by GDP to payroll employment, real output per worker rose from $100,800 in 2001 to $120,300 in 2012.7 Relative to New England as a whole, this productivity measure for Boston was 9.7% higher in 2001, and 13.6% higher by 2012. Boston’s higher rat ...
The Business Cycle - Oxford College of London
... negative GDP is recession, therefore GDP is a quick and simple indicator for economic contraction. The NBER (National Bureau of Economic Research) considers primarily other economic indicators as well ...
... negative GDP is recession, therefore GDP is a quick and simple indicator for economic contraction. The NBER (National Bureau of Economic Research) considers primarily other economic indicators as well ...
Lessons from Europe’s Debt Crisis for the United States Desmond Lachman
... of public debt was to be contained to below 60 percent of GDP. Sadly, over the past decade, these limits were observed in the breach. According to the European Commission, by 2009 Greece and Ireland registered public deficits of the order of 15 percent and 14 percent of GDP, respectively. At the sam ...
... of public debt was to be contained to below 60 percent of GDP. Sadly, over the past decade, these limits were observed in the breach. According to the European Commission, by 2009 Greece and Ireland registered public deficits of the order of 15 percent and 14 percent of GDP, respectively. At the sam ...
SUMMARY OF THE MONETARY POLICY COMMITTEE MEETING Inflation Developments
... 13. Moderating domestic demand has been curbing the pass through from cost-push factors. The prices of products that do not use food or energy as main inputs have been rather well behaved. However, the fact that first round effects of the supply side shocks have reached unprecedented levels has been ...
... 13. Moderating domestic demand has been curbing the pass through from cost-push factors. The prices of products that do not use food or energy as main inputs have been rather well behaved. However, the fact that first round effects of the supply side shocks have reached unprecedented levels has been ...
Weekly Advisor Analysis 09-30-13 PAA
... Congressional Cliffhanger Threatens Shutdown The 2013 fiscal year in Washington ends Monday, September 30th at midnight, and, unless the House of Representatives and the Senate reach an agreement on a bill that would, once again, temporarily raise the U.S. debt ceiling, the U.S. government could shu ...
... Congressional Cliffhanger Threatens Shutdown The 2013 fiscal year in Washington ends Monday, September 30th at midnight, and, unless the House of Representatives and the Senate reach an agreement on a bill that would, once again, temporarily raise the U.S. debt ceiling, the U.S. government could shu ...
Coyote Economist The Jobless Recovery News.from.the.Department.of.Economics,.CSUSB
... recession of 1990-91, the recession of 2001, and the recession of 2008-2009), not only did the unemployment rate continue to grow but so too did the number of unemployed people. In all three cases businesses delayed their decision to hire workers, preferring to instead increase output by increasing ...
... recession of 1990-91, the recession of 2001, and the recession of 2008-2009), not only did the unemployment rate continue to grow but so too did the number of unemployed people. In all three cases businesses delayed their decision to hire workers, preferring to instead increase output by increasing ...
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... have financed former trade deficits as well as any additional borrowing that was needed to meet corresponding interest obligations. In fact, a balanced current account merely means that a country realizes a trade surplus large enough to cover interest payments to foreign investors (and employment co ...
... have financed former trade deficits as well as any additional borrowing that was needed to meet corresponding interest obligations. In fact, a balanced current account merely means that a country realizes a trade surplus large enough to cover interest payments to foreign investors (and employment co ...
1 SPERI Panel: `The future of European varieties of capitalism
... Even if the impact of fiscal consolidation on growth can be so great, as to cause debt-GDP ratios to rise rather than fall (Delong and Summers, 2012)- results on the ground suggest that euro area government debt rose from 87.3 percent in 2011 to 90.6 percent in 2013 and is projected to rise further ...
... Even if the impact of fiscal consolidation on growth can be so great, as to cause debt-GDP ratios to rise rather than fall (Delong and Summers, 2012)- results on the ground suggest that euro area government debt rose from 87.3 percent in 2011 to 90.6 percent in 2013 and is projected to rise further ...
Economy in Brief
... 2.8% – since the third quarter of 1992. But this largely reflected the surge in export prices. The implicit price index for GDP was only 1.3% above its level of a year earlier. With these price increases and cost decreases, corporate profits surged by over 50%. Gains were concentrated in the non-fin ...
... 2.8% – since the third quarter of 1992. But this largely reflected the surge in export prices. The implicit price index for GDP was only 1.3% above its level of a year earlier. With these price increases and cost decreases, corporate profits surged by over 50%. Gains were concentrated in the non-fin ...
Zambia: Macroeconomic Constraints, Evolution and Access to
... Overall public spending rose slowly through 2006 and slightly faster thereafter (falling in 2009) Spending rose by 63% in real terms from 2002 to 2009, but only from 20% to 21.5% of GDP. Spending does not account for aid (project grants) Budget execution has improved (budget cycle and capita ...
... Overall public spending rose slowly through 2006 and slightly faster thereafter (falling in 2009) Spending rose by 63% in real terms from 2002 to 2009, but only from 20% to 21.5% of GDP. Spending does not account for aid (project grants) Budget execution has improved (budget cycle and capita ...
1 MIDTERM 1 REVIEW 1.Which of the following newspaper
... 1.Which of the following newspaper headlines would be more closely related to what microeconomists study than to what macroeconomists study? a. Unemployment rate rises from 5 percent to 5.5 percent. b. Real GDP grows by 3.1 percent in the third quarter. c. Retail sales at stores show large gains. d. ...
... 1.Which of the following newspaper headlines would be more closely related to what microeconomists study than to what macroeconomists study? a. Unemployment rate rises from 5 percent to 5.5 percent. b. Real GDP grows by 3.1 percent in the third quarter. c. Retail sales at stores show large gains. d. ...
1) Gross domestic product is calculated by summing up A) the total
... shifts the aggregate demand curve to the right from AD2 to AD1. As a result, prices rise and output increases. Unemployment also falls as the economy rises above potential GDP (point D). The growing economy causes workers and firms to adjust their expectations about wages and prices upward. As wages ...
... shifts the aggregate demand curve to the right from AD2 to AD1. As a result, prices rise and output increases. Unemployment also falls as the economy rises above potential GDP (point D). The growing economy causes workers and firms to adjust their expectations about wages and prices upward. As wages ...