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A Comparison between ABS and National Accounts
A Comparison between ABS and National Accounts

research paper series  Research Paper 2006/33
research paper series Research Paper 2006/33

... and few explain why FDI may be a different factor of openness from exports. Many liberal economists suggest that participation in international trade allow countries to become more specialised in areas where they have comparative advantage in the international division of labour. As a result, rising ...
Investment and Profits: Causality Analysis in Selected eu Countries
Investment and Profits: Causality Analysis in Selected eu Countries

... profits, but profits raise investment, defined in terms of Granger causal effect relationship. They also found that the profits are a determinant of companies’ business investment. Shapiro, Sims, and Hughes (1983) and McFetridge (1978) surveys support the hypothesis that cash flows result from past ...
Information Frictions, Nominal Shocks, and the Role of Inventories in
Information Frictions, Nominal Shocks, and the Role of Inventories in

GDP and the Standard of Living C H A P T E R   C H E C K L I S T
GDP and the Standard of Living C H A P T E R C H E C K L I S T

... quantity of good and services has increased. Real GDP in 2008 is what the total expenditure would have been in 2008 if prices had remained the same as they were in 2000. To calculate real GDP in 2008 multiply the quantities produced in 2008 by the price in 2000 and the sum these expenditures to find ...
GDP and the Standard of Living C H A P T E R   C H E C K L I S T
GDP and the Standard of Living C H A P T E R C H E C K L I S T

21.2 measuring us gdp
21.2 measuring us gdp

... quantity of good and services has increased. Real GDP in 2008 is what the total expenditure would have been in 2008 if prices had remained the same as they were in 2000. To calculate real GDP in 2008 multiply the quantities produced in 2008 by the price in 2000 and the sum these expenditures to find ...
14.1 gdp, income, and expenditure
14.1 gdp, income, and expenditure

... quantity of good and services has increased. Real GDP in 2008 is what the total expenditure would have been in 2008 if prices had remained the same as they were in 2000. To calculate real GDP in 2008 multiply the quantities produced in 2008 by the price in 2000 and the sum these expenditures to find ...
sticky price models and durable goods
sticky price models and durable goods

PDF Download
PDF Download

... The survey questionnaire focuses on qualitative information: assessments of a country’s general economic situation and expectations regarding key economic indicators. It has proven a useful tool, since it reveals economic changes earlier than conventional business statistics. The individual replies ...
A Post-Keynesian model of the business cycle Pedro Leão ISEG
A Post-Keynesian model of the business cycle Pedro Leão ISEG

... related with the expected profit rate. Secondly, because it is associated with total profits, utilization is also linked to firms’ financial capacity to invest – “an important part of investment is financed out of retained profits. Moreover, the amount that a company puts up of its own finance influ ...
1-1 - Testbankster.com
1-1 - Testbankster.com

... C. Decreasing opportunity costs will occur with greater automobile production. D. Increasing opportunity costs will occur with greater tank production. 28. If Korea is currently producing at efficiency, and it proceeds to increase the size of its military, then, as long as nothing else changes, its: ...
(Macroeconomics) Class XII: Part-B
(Macroeconomics) Class XII: Part-B

... The first thing to note is that economic territory of a country is not simply political frontiers of that country. The two may have common elements, but still they are conceptually different. Let us first see how it is defined. According to the United Nations : Economic territory is the geographical ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
This PDF is a selection from a published volume from... National Bureau of Economic Research

... input-output tables and accelerating their release to within three years after the reference year. Second, the GDP-by-industry accounts have been expanded to include gross output and intermediate input for all industries. Third, accelerated GDP-by-industry accounts are available with a lag of only f ...
Surviving the recession and the recovery: the SME story
Surviving the recession and the recovery: the SME story

... Mid-market companies were most likely to have made a positive response (22%) or to have seen an opportunity arise (57%), suggesting they are more responsive to opportunities than other size segments. This trend was most apparent in the US and UAE. Of those in the major countries, SMEs from the US we ...
Economic growth, long-term economic prosperity and
Economic growth, long-term economic prosperity and

deflation - Mises Institute
deflation - Mises Institute

... goods takes time and necessarily impoverishes some individuals while making others better off. However, there is no reason why aggregate output should decrease. We can even make the contrary case that debt-induced bankruptcies, because they transfer goods from the more indebted and hence less thrift ...
Chapter 11: Saving, Capital Accumulation, and Output
Chapter 11: Saving, Capital Accumulation, and Output

textos para discussão uff/economia
textos para discussão uff/economia

Question Bank
Question Bank

the-economy-today-12th
the-economy-today-12th

... 26. If an economy experiences increasing opportunity costs with respect to two goods, then the production-possibilities curve between the two goods will be: A. Bowed outward. B. A straight, downward-sloping line. C. Bowed inward. D. Bowed outward until the two goods are equal, and then bowed inward. ...
Quarterly National Accounts
Quarterly National Accounts

... defence; compulsory social security”, “Education”, “Health and social work”, “Other community, social and personal service activities and private households with employed persons”. Change in inventories Change in inventories includes the value of the physical change in inventories of raw materials, ...
Services-led Growth: The Indian Experience
Services-led Growth: The Indian Experience

... determination of aggregate as also sectoral output and GDP is to consider the short-term, demand-driven4 behaviour of a three-sector5 economy in terms of an input-output framework. Given the input-output coefficient matrix, a unit of final demand for the ith sector’s product requires a combination ( ...
the main cash crop
the main cash crop

... Intermediate consumption also appears quite limited at the trafficker level.4 In 2002-04 about 72% of Afghanistan's opium production is estimated to have been transformed into heroin in Afghanistan before being exported. The transformation process requires substantial amounts of chemicals (such as a ...
Droughts and Floods in Malawi: Assessing the
Droughts and Floods in Malawi: Assessing the

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Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, social anarchists and Christian socialists.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of the price system, money and capital. Alternative conceptions of socialism that don't utilize the profit system such as the Lange model involve the use of a price system and monetary calculation.The central critique of the profits system by socialists is that the accumulation of capital (""making money"") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and social issues. Essentially it is a distortion of proper accounting based on the assertion of the law of value instead of the ""real"" costs of the factors of production, objectively determined outside of social relations.
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