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Macroeconomics.ppt
... Stagflation: decline in real GDP combined with a rise in the price level. Aggregate Supply: total amount of goods and services in the economy available at all possible price levels. Aggregate Demand: total amount of goods and services in the economy that will be purchased at all possible price l ...
... Stagflation: decline in real GDP combined with a rise in the price level. Aggregate Supply: total amount of goods and services in the economy available at all possible price levels. Aggregate Demand: total amount of goods and services in the economy that will be purchased at all possible price l ...
Colombia_en.pdf
... in previous years, were hit hardest by the crisis. The agricultural sector has also experienced a downturn. However, the rally in the prices of some primary goods, together with the impetus given to public infrastructure works, revitalized the mining and construction sectors, which grew by 10.6% and ...
... in previous years, were hit hardest by the crisis. The agricultural sector has also experienced a downturn. However, the rally in the prices of some primary goods, together with the impetus given to public infrastructure works, revitalized the mining and construction sectors, which grew by 10.6% and ...
PRESS RELEASE Job Watch: State`s unemployment up, job growth
... Voices for Children. "Labor market and personal income estimates are important economic indicators because they reflect trends living standards for the state's working population. Also, less than half of the state’s unemployed receive unemployment insurance," he added. Unemployment insurance support ...
... Voices for Children. "Labor market and personal income estimates are important economic indicators because they reflect trends living standards for the state's working population. Also, less than half of the state’s unemployed receive unemployment insurance," he added. Unemployment insurance support ...
Starter
... Vertical Merger is companies that make related products merge into 1 company. Horizontal Merger is companies that make the same product merge into 1 company. FTC or the Justice department will prevent some mergers if they feel the merger will result in less competition & higher prices. Federal Regul ...
... Vertical Merger is companies that make related products merge into 1 company. Horizontal Merger is companies that make the same product merge into 1 company. FTC or the Justice department will prevent some mergers if they feel the merger will result in less competition & higher prices. Federal Regul ...
measuring the standard of living
... other negative externalities which have a negative effect on economic welfare. “If a truckload of toxic chemicals spills somewhere, the money spent cleaning it up is added to the GDP. “If a forest is cut down, or farmland is turned into a car-park, GDP tells us that more money flows around the econo ...
... other negative externalities which have a negative effect on economic welfare. “If a truckload of toxic chemicals spills somewhere, the money spent cleaning it up is added to the GDP. “If a forest is cut down, or farmland is turned into a car-park, GDP tells us that more money flows around the econo ...
Business Economics Quiz 6B (EC:017, EC:082) NAME_____
... all purchases of capital goods. all exports of goods and services. purchases made by private individuals. inventories held over from previous years. ...
... all purchases of capital goods. all exports of goods and services. purchases made by private individuals. inventories held over from previous years. ...
Argentina_en.pdf
... were able to control the foreign-exchange market and liquidity levels thanks to the substantial trade surplus (resulting from a sharper reduction in imports than in exports) and the availability of previously accumulated reserves. Thus, no severe financial tensions were generated and, in keeping wit ...
... were able to control the foreign-exchange market and liquidity levels thanks to the substantial trade surplus (resulting from a sharper reduction in imports than in exports) and the availability of previously accumulated reserves. Thus, no severe financial tensions were generated and, in keeping wit ...
PPT
... Exports down, exchange rate a barrier, but commodity prices holding Manufacturing and construction seem to have bottomed out But big risk of housing price bubble reigniting Risk of jobless growth Constraints on government spending – some real, some political ...
... Exports down, exchange rate a barrier, but commodity prices holding Manufacturing and construction seem to have bottomed out But big risk of housing price bubble reigniting Risk of jobless growth Constraints on government spending – some real, some political ...
October 7, 2016
... U.S. construction spending weakened, according to the Commerce Department, dropping -0.7% in August. Year over year, the spending in August of $1.14 trillion was -0.3% lower than a year ago. The decline was led by steep cuts in spending on public projects, down -8.8% from a year ago and the lowest l ...
... U.S. construction spending weakened, according to the Commerce Department, dropping -0.7% in August. Year over year, the spending in August of $1.14 trillion was -0.3% lower than a year ago. The decline was led by steep cuts in spending on public projects, down -8.8% from a year ago and the lowest l ...
What`s Ahead for the World economy
... In China this means a stronger currency, bigger social safetynets & an overhaul of subsidies to increase the share of national income going to workers. Share of wages & other household income in GDP has fallen from 72% in ‘92 to 55% in ‘07 - so its no wonder that China’s consumption only accounts fo ...
... In China this means a stronger currency, bigger social safetynets & an overhaul of subsidies to increase the share of national income going to workers. Share of wages & other household income in GDP has fallen from 72% in ‘92 to 55% in ‘07 - so its no wonder that China’s consumption only accounts fo ...
Chapter 11A Essentials of Economics Paul Gregory 6 Lecture Notes
... If we have more L and K, we expect more output; if technology improves, output will increase. The chapter uses dots above variables to denote annual rates of growth. A growth rate measures the rate at which something changes. ...
... If we have more L and K, we expect more output; if technology improves, output will increase. The chapter uses dots above variables to denote annual rates of growth. A growth rate measures the rate at which something changes. ...
Europe and the Crisis Rainer Kattel Tallinn University of Technology Estonia
... • On the eve of the crisis, foreign financing gap (current account balance + FDI) was very high, esp in the Baltics up to 10% of GDP • Slowing cross-border flows, fdi and exports in 2008, 2009 and beyond, turned in particular the Baltics into Ponzi schemes with collapsing domestic demand • Foreign o ...
... • On the eve of the crisis, foreign financing gap (current account balance + FDI) was very high, esp in the Baltics up to 10% of GDP • Slowing cross-border flows, fdi and exports in 2008, 2009 and beyond, turned in particular the Baltics into Ponzi schemes with collapsing domestic demand • Foreign o ...
JAPAN UNDER EMBARGO UNTIL 07.00 GMT, WEDNESDAY, 6 AUGUST 2014
... in October 2015. Higher tax revenue should help stabilize public finance condition and consolidate government debt, which stood at 243% of GDP in 2013. ...
... in October 2015. Higher tax revenue should help stabilize public finance condition and consolidate government debt, which stood at 243% of GDP in 2013. ...
Krugman CH 22 PPT - Woodside Priory School
... made by individuals and firms and the consequences of those decisions. Example: How much it would cost for a university or college to offer a new course ─ the cost of the instructor’s salary, the classroom facilities, the class materials, and so on. Having determined the cost, the school can then de ...
... made by individuals and firms and the consequences of those decisions. Example: How much it would cost for a university or college to offer a new course ─ the cost of the instructor’s salary, the classroom facilities, the class materials, and so on. Having determined the cost, the school can then de ...
Debt_PPT-1192wvq
... Source: Roscoe, Mike. “What does $200 trillion off debt really mean for the global economy?” Positive Money.3 Feb. 2015. Web. 12 May 2016. ...
... Source: Roscoe, Mike. “What does $200 trillion off debt really mean for the global economy?” Positive Money.3 Feb. 2015. Web. 12 May 2016. ...
1209644Chapter 23.2
... prices. This helps to see if we really made more. • When Real GDP goes up the economy is growing! • When Real GDP goes down the economy is declining (getting worse)! ...
... prices. This helps to see if we really made more. • When Real GDP goes up the economy is growing! • When Real GDP goes down the economy is declining (getting worse)! ...
GDP Growth And Employment
... • The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy. Usually, GDP is expressed as a compa ...
... • The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy. Usually, GDP is expressed as a compa ...
INCLUSIVE GROWTH, FULL EMPLOYMENT, AND STRUCTURAL
... Government spending is key for development – Industrial Policy: Public-Private collaboration to solve information and coordination problems that make private investment difficult – Fiscal and Monetary: Deficit fetishism and ...
... Government spending is key for development – Industrial Policy: Public-Private collaboration to solve information and coordination problems that make private investment difficult – Fiscal and Monetary: Deficit fetishism and ...
Challenges ahead for the Chinese economy
... efforts to implement various items on the reform agenda, particularly those concerning fine-tuning the structure of the Chinese economy. As domestic demand remains subdued, the property market continues to be sluggish and over-capacity in some sectors remains, it is unlikely that China will achieve ...
... efforts to implement various items on the reform agenda, particularly those concerning fine-tuning the structure of the Chinese economy. As domestic demand remains subdued, the property market continues to be sluggish and over-capacity in some sectors remains, it is unlikely that China will achieve ...
Unemployment Rate = Number of Unemployed / Total Labor Force
... The Flow of Product vs The Earnings and Cost Approach These are ways of counting the value of goods and services – both give the same answer The Flow of Product – by counting all the money spent by the buyers of goods and services; Ex – A chair cost 50$, buyer adds to the GDP Earnings and Cost – by ...
... The Flow of Product vs The Earnings and Cost Approach These are ways of counting the value of goods and services – both give the same answer The Flow of Product – by counting all the money spent by the buyers of goods and services; Ex – A chair cost 50$, buyer adds to the GDP Earnings and Cost – by ...
Barbados_en.pdf
... autonomy of the Central Bank. It also stated that it will allow the Central Bank to set the minimum deposit interest rate without prior approval from the Ministry of Finance. Economic growth in 2007 has been driven mostly by growth in the non-tradable sector; however, it represents only a quarter of ...
... autonomy of the Central Bank. It also stated that it will allow the Central Bank to set the minimum deposit interest rate without prior approval from the Ministry of Finance. Economic growth in 2007 has been driven mostly by growth in the non-tradable sector; however, it represents only a quarter of ...
Belize_en.pdf
... The Belizean economy registered a fairly strong recovery in 2014, with growth projected to double to 3.4% from 1.5% in 2013. Growth was fuelled by strong value added in tourism, buoyant construction and an improvement in some components of agriculture, which offset a secular decline in oil productio ...
... The Belizean economy registered a fairly strong recovery in 2014, with growth projected to double to 3.4% from 1.5% in 2013. Growth was fuelled by strong value added in tourism, buoyant construction and an improvement in some components of agriculture, which offset a secular decline in oil productio ...
Transformation in economics
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals.Human economic systems undergo a number of deviations and departures from the ""normal"" state, trend or development. Among them are Disturbance (short-term disruption, temporary disorder), Perturbation (persistent or repeated divergence, predicament, decline or crisis), Deformation (damage, regime change, loss of self-sustainability, distortion), Transformation (long-term change, restructuring, conversion, new “normal”) and Renewal (rebirth, transmutation, corso-ricorso, renaissance, new beginning).Transformation is a unidirectional and irreversible change in dominant human economic activity (economic sector). Such change is driven by slower or faster continuous improvement in sector productivity growth rate. Productivity growth itself is fueled by advances in technology, inflow of useful innovations, accumulated practical knowledge and experience, levels of education, viability of institutions, quality of decision making and organized human effort. Individual sector transformations are the outcomes of human socio-economic evolution.Human economic activity has so far undergone at least four fundamental transformations:From nomadic hunting and gathering (H/G) to localized agricultureFrom localized agriculture (A) to internationalized industryFrom international industry (I) to global servicesFrom global services (S) to public sector (including government, welfare and unemployment, GWU)This evolution naturally proceeds from securing necessary food, through producing useful things, to providing helpful services, both private and public (See H/G→A→I→S→GWU sequence in Fig. 1). Accelerating productivity growth rates speed up the transformations, from millennia, through centuries, to decades of the recent era. It is this acceleration which makes transformation relevant economic category of today, more fundamental in its impact than any recession, crisis or depression. The evolution of four forms of capital (Indicated in Fig. 1) accompanies all economic transformations.Transformation is quite different from accompanying cyclical recessions and crises, despite the similarity of manifested phenomena (unemployment, technology shifts, socio-political discontent, bankruptcies, etc.). However, the tools and interventions used to combat crisis are clearly ineffective for coping with non-cyclical transformations. The problem is whether we face a mere crisis or a fundamental transformation (globalization→relocalization).