Dating the Portuguese business cycle
... Unfortunately, no satisfactory series of any of these types is available by months or quarters for periods approximating those we seek to cover. ...
... Unfortunately, no satisfactory series of any of these types is available by months or quarters for periods approximating those we seek to cover. ...
Chapter 7
... Inflation- Measured by computing a price index which is defined as the cost of a market basket today, expressed as a percentage of the cost of that market basket in some starting or base year. In the base year the price index is always equal to 100. Inflation is measured by the rise in a price in ...
... Inflation- Measured by computing a price index which is defined as the cost of a market basket today, expressed as a percentage of the cost of that market basket in some starting or base year. In the base year the price index is always equal to 100. Inflation is measured by the rise in a price in ...
Sample-Unit-23-The-characteristics-of-aggregate
... Government spending Government spending can change automatically because of previous government spending commitments, or the government can announce changes to its spending. A rise in government spending with no change in taxation will lead to a fall in its budget surplus or a rise in its deficit. T ...
... Government spending Government spending can change automatically because of previous government spending commitments, or the government can announce changes to its spending. A rise in government spending with no change in taxation will lead to a fall in its budget surplus or a rise in its deficit. T ...
1 DESIGN OF QUESTION PAPER ECONOMICS Class – XII Marks
... ATC and AVC can never be equal at any level of output as AFC can never be zero because TFC is positive. 15. (a) The number of sellers is so large that the share of each is insignificant in the total supply. Hence, an individual seller cannot influence the market price. Similarly, a single consumer’s ...
... ATC and AVC can never be equal at any level of output as AFC can never be zero because TFC is positive. 15. (a) The number of sellers is so large that the share of each is insignificant in the total supply. Hence, an individual seller cannot influence the market price. Similarly, a single consumer’s ...
Ch7
... Using the CPI Suppose you have a student loan of $80,000. Suppose that the CPI rises by 3 percent a year each year from now (2008) through 2028. Also suppose that the nominal interest rate on your loan is fixed at 5 percent a year. How much will a $100 repayment cost you in 2008 dollars, when you s ...
... Using the CPI Suppose you have a student loan of $80,000. Suppose that the CPI rises by 3 percent a year each year from now (2008) through 2028. Also suppose that the nominal interest rate on your loan is fixed at 5 percent a year. How much will a $100 repayment cost you in 2008 dollars, when you s ...
The evaluation of UCS on macroeconomic impacts in Thailand
... elderlies), and highest education attained by household member (i.e. primary school, high school, and more than high school). The estimation was be conducted by Full Information Maximum Likelihood (FIML). To find the marginal effects of the UC program on changes in Thai households’ consumption patte ...
... elderlies), and highest education attained by household member (i.e. primary school, high school, and more than high school). The estimation was be conducted by Full Information Maximum Likelihood (FIML). To find the marginal effects of the UC program on changes in Thai households’ consumption patte ...
PDF
... modeling approach to test the hypothesis that political activities of competing interests in producer, consumer, and government sectors are functionally related to economic changes. A political preference function is used to measure the relative political weights of competing interests in the instit ...
... modeling approach to test the hypothesis that political activities of competing interests in producer, consumer, and government sectors are functionally related to economic changes. A political preference function is used to measure the relative political weights of competing interests in the instit ...
Answers. - University of California, Berkeley
... increase in the cost of buying a specific bundle of goods. Therefore it may be different for different bundles. Why might we want to change the bundle of goods used to calculate the CPI? Consider movie shows, which have experienced a price increase. Consumers respond to this price increase by consum ...
... increase in the cost of buying a specific bundle of goods. Therefore it may be different for different bundles. Why might we want to change the bundle of goods used to calculate the CPI? Consider movie shows, which have experienced a price increase. Consumers respond to this price increase by consum ...
Press release
... Consumer climate refers explicitly to all private consumer spending. However, retail trade, depending on the definition used, accounts for only around 30 percent of private consumer spending. Services, travel, rent, health services, and the entire wellness sector account for the rest. GfK's forecast ...
... Consumer climate refers explicitly to all private consumer spending. However, retail trade, depending on the definition used, accounts for only around 30 percent of private consumer spending. Services, travel, rent, health services, and the entire wellness sector account for the rest. GfK's forecast ...
Economic Indicators: Where to Look
... in-depth analysis, leading to the wrong interpretation of economic news. That, in turn, can lead to a quick reversal in markets once it becomes evident that initial interpretations were incorrect. The reasons for initially misinterpreting data vary: there may be a large unexpected change in one of t ...
... in-depth analysis, leading to the wrong interpretation of economic news. That, in turn, can lead to a quick reversal in markets once it becomes evident that initial interpretations were incorrect. The reasons for initially misinterpreting data vary: there may be a large unexpected change in one of t ...
Productivity PPT Template 1
... A trading gain based on the final domestic demand deflator encompasses many of the other options Allows for a broader range of relative price ...
... A trading gain based on the final domestic demand deflator encompasses many of the other options Allows for a broader range of relative price ...
These are some practice questions for CHAPTER 22
... These are some practice questions for CHAPTER 22. Each question should have a single answer. But be careful. There may be errors in the answer key! 42. With respect to consumption, investment, government purchases and net exports, the national income accounts measure a. actual expenditures in each o ...
... These are some practice questions for CHAPTER 22. Each question should have a single answer. But be careful. There may be errors in the answer key! 42. With respect to consumption, investment, government purchases and net exports, the national income accounts measure a. actual expenditures in each o ...
Structure of Jamaica`s GDP
... production accounts. Durable goods purchased by households are derived from household surveys and for motorcars are obtained from information on motor vehicle registration from the registrar’s office. The estimates of dealer’s margin, transportation and installation costs are derived from periodic s ...
... production accounts. Durable goods purchased by households are derived from household surveys and for motorcars are obtained from information on motor vehicle registration from the registrar’s office. The estimates of dealer’s margin, transportation and installation costs are derived from periodic s ...
AGGREGATE DEMAND AND EXPENDITURE
... indirectly as imputed rent that an individual would pay to himself in the case of owner occupied housing. In the latter case the homeowner acts as both tenant and landlord with no actual payment changing hands but imputed expenditure being included in the services category to reflect the value of th ...
... indirectly as imputed rent that an individual would pay to himself in the case of owner occupied housing. In the latter case the homeowner acts as both tenant and landlord with no actual payment changing hands but imputed expenditure being included in the services category to reflect the value of th ...
El proceso de cambio de año de referencia e integración de las estadísticas económicas en Jamaica (STATIN, Jamaica)
... Agreement with Inter-American Dev’t Bank One of the outcomes is to identify informality by industry We already capture part of the informal sector in some estimates however there is a need to allocate between formal and informal by industries. ...
... Agreement with Inter-American Dev’t Bank One of the outcomes is to identify informality by industry We already capture part of the informal sector in some estimates however there is a need to allocate between formal and informal by industries. ...
Institutional and methodological issues of the new rounds
... – become a permanent element of the global statistical program – and that comparisons should be made at more frequent intervals ...
... – become a permanent element of the global statistical program – and that comparisons should be made at more frequent intervals ...
the circular flow of income in the economy
... nominal value of i = Pi x Qi = $5 x 10 = $50. Given only the nominal value and price, derivation of a real value is immediate: real value of bundle i = Pi x Qi/Pi = Qi = 50/5 = 10. The price "deflates" (divides) the nominal value to derive a real value, the quantity itself. Similarly for a series of ...
... nominal value of i = Pi x Qi = $5 x 10 = $50. Given only the nominal value and price, derivation of a real value is immediate: real value of bundle i = Pi x Qi/Pi = Qi = 50/5 = 10. The price "deflates" (divides) the nominal value to derive a real value, the quantity itself. Similarly for a series of ...
President’s Report Board Directors
... second half of the year, despite decelerating in the fourth quarter. Growth is expected to decelerate further during the first quarter of 2014, as the inventory buildup that contributed to acceleration in the second half of 2013 is expected to slow. On the upside, support from business investment an ...
... second half of the year, despite decelerating in the fourth quarter. Growth is expected to decelerate further during the first quarter of 2014, as the inventory buildup that contributed to acceleration in the second half of 2013 is expected to slow. On the upside, support from business investment an ...
Low and stable rate of inflation
... A base year, with an index number of 100, is used as the starting period when calculating a price index such as the CPI. So, a price index of 115.2 means prices have in general increased by 15.2% since the base year. Percentage changes in the index number are used to show inflation in subsequent yea ...
... A base year, with an index number of 100, is used as the starting period when calculating a price index such as the CPI. So, a price index of 115.2 means prices have in general increased by 15.2% since the base year. Percentage changes in the index number are used to show inflation in subsequent yea ...
E M conomic Statistics in aldives
... ▪ Contact points are not publicized for each statistical subject area ▪ User consultations are not organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient but there are activities in place to i ...
... ▪ Contact points are not publicized for each statistical subject area ▪ User consultations are not organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient but there are activities in place to i ...
ECON 102 Spring 2014 Homework 3 Due March 26, 2014 1. For this
... (a) The retired worker’s real income would decrease every year by approximately 10 percent of its former value. (b) If the inflation is also in the price the farmer gets for his products, he could gain. But more likely the price increase are mostly in what he buys, since farm machinery, fertilizer, ...
... (a) The retired worker’s real income would decrease every year by approximately 10 percent of its former value. (b) If the inflation is also in the price the farmer gets for his products, he could gain. But more likely the price increase are mostly in what he buys, since farm machinery, fertilizer, ...
Macroeconomics - Econproph on Macro
... and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else.” ...
... and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else.” ...
Consumer price index
A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indexes and sub-sub-indexes are computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e., adjust for the effect of inflation) the real value of wages, salaries, pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values. In most countries, the CPI is, along with the population census and the USA National Income and Product Accounts, one of the most closely watched national economic statistics.