Investor Relations - Alberta presentation for Meetings
... estimates or projections which the Province believes are reasonable. Such statements are not guarantees of future performance, and accordingly, you should not place undue reliance on them. Forward-looking information or statements involve known and unknown risks, uncertainties and other factors whic ...
... estimates or projections which the Province believes are reasonable. Such statements are not guarantees of future performance, and accordingly, you should not place undue reliance on them. Forward-looking information or statements involve known and unknown risks, uncertainties and other factors whic ...
GDP to PI - Humble ISD
... plus transfer payments received by citizens will equal: PI (Personal Income) PI minus Personal Taxes Paid equals: ...
... plus transfer payments received by citizens will equal: PI (Personal Income) PI minus Personal Taxes Paid equals: ...
Econ Unit 4 Macro Notes
... Notice that the increased cost of resources caused the Aggregate Supply (AS1) decrease and the curve to shift left. The leftward shift decreased real GDP, causing a Recessionary Gap and increased the unemployment rate; as well as, increased price levels (inflation). This is what Stagflation looks li ...
... Notice that the increased cost of resources caused the Aggregate Supply (AS1) decrease and the curve to shift left. The leftward shift decreased real GDP, causing a Recessionary Gap and increased the unemployment rate; as well as, increased price levels (inflation). This is what Stagflation looks li ...
Intermediate Macroeconomics
... (government purchase and tax) where Y is the national income and r is the interest rate. 1) Assume r = 10%, construct a graph of the Keynesian cross with national income Y ranging from 0 to 1000. What is the equilibrium income? (5') The planned expenditure is PE = 0.6Y + 240. Hence in your graph, th ...
... (government purchase and tax) where Y is the national income and r is the interest rate. 1) Assume r = 10%, construct a graph of the Keynesian cross with national income Y ranging from 0 to 1000. What is the equilibrium income? (5') The planned expenditure is PE = 0.6Y + 240. Hence in your graph, th ...
Unit 4 Filled In
... reduce interest rates by expanding the supply of money in the economy. • In turn, the lower interest rates will encourage additional aggregate demand for consumption and investment, and thus help shorten or end the recession. • When an economy is experiencing inflation central bank officials will us ...
... reduce interest rates by expanding the supply of money in the economy. • In turn, the lower interest rates will encourage additional aggregate demand for consumption and investment, and thus help shorten or end the recession. • When an economy is experiencing inflation central bank officials will us ...
No Slide Title
... Four most important lessons of macroeconomics. 1. In the long run, a country’s capacity to produce goods and services determines the standard of living of its citizens. 2. In the short run, aggregate demand influences the amount of goods that a country produces 3. In the long run, the rate of money ...
... Four most important lessons of macroeconomics. 1. In the long run, a country’s capacity to produce goods and services determines the standard of living of its citizens. 2. In the short run, aggregate demand influences the amount of goods that a country produces 3. In the long run, the rate of money ...
The Federal Budget
... • Congress and the President – Role in perpetuating budget deficits=> – Decisions on programs, spending levels, & taxes • Congressional appropriations & Presidential veto • Pork Barrel politics. Earmarks, & Budget riders* • *Usually attached to last minute Omnibus “must pass” Bills ...
... • Congress and the President – Role in perpetuating budget deficits=> – Decisions on programs, spending levels, & taxes • Congressional appropriations & Presidential veto • Pork Barrel politics. Earmarks, & Budget riders* • *Usually attached to last minute Omnibus “must pass” Bills ...
The fiscal treaty needs a protocol - Bibliothek der Friedrich
... revised every year), oriented towards the Scoreboard for monitoring macroeconomic imbalances. The period of 20–25 years envisaged by the economic experts and the rigid 1/20 rule could therefore be under- or overshot. 2. For all states whose overall debt lies below 60 per cent of GDP a second kind of ...
... revised every year), oriented towards the Scoreboard for monitoring macroeconomic imbalances. The period of 20–25 years envisaged by the economic experts and the rigid 1/20 rule could therefore be under- or overshot. 2. For all states whose overall debt lies below 60 per cent of GDP a second kind of ...
ABOUT THE EXAM Multiple Choice Questions—two thirds of total
... Administration) designed to achieve a full-employment and non-inflationary level o f GDP. Fiscal policy created by John Maynard Keynes, who contended that prices were sticky i n a downward direction and economy would not automatically self-correct from recession to f u l l employment. ...
... Administration) designed to achieve a full-employment and non-inflationary level o f GDP. Fiscal policy created by John Maynard Keynes, who contended that prices were sticky i n a downward direction and economy would not automatically self-correct from recession to f u l l employment. ...
The supermultiplier model
... and this ‘is exactly what we mean by Say's Law’ (Serrano 1995a, p. 37). We have argued above that an Harrodian gw might indeed prevail if capitalists behaved according to Say’s Law. Of course, if the overall marginal propensity to spend is lower than one, the level of the autonomous components must ...
... and this ‘is exactly what we mean by Say's Law’ (Serrano 1995a, p. 37). We have argued above that an Harrodian gw might indeed prevail if capitalists behaved according to Say’s Law. Of course, if the overall marginal propensity to spend is lower than one, the level of the autonomous components must ...
Proposition III (the principle of policy effectiveness)
... economic models at different times. The beauty of his General Theory of Employment, Interest and Money was that it was general enough to accommodate a variety of models applicable to different conditions. Markets could behave in ways described by the classical and New Classical theories, but they ne ...
... economic models at different times. The beauty of his General Theory of Employment, Interest and Money was that it was general enough to accommodate a variety of models applicable to different conditions. Markets could behave in ways described by the classical and New Classical theories, but they ne ...
Structural reforms and macroeconomic policies: some
... and independence gives it little incentive to compromise with other actors. Under prevailing understanding must simply deliver price stability – basta. No obligation to seek out least ...
... and independence gives it little incentive to compromise with other actors. Under prevailing understanding must simply deliver price stability – basta. No obligation to seek out least ...
Fiscal Contraction and Economic Expansion: The 2013 Sequester and
... no recommendation for Congress to vote upon, the automatic cuts of the sequester would be enacted starting January 2, 2013. The sequester’s start date happened to coincide with several other “contractionary” fiscal policy measures. Among them was the scheduled expiration of the marginal tax rate cut ...
... no recommendation for Congress to vote upon, the automatic cuts of the sequester would be enacted starting January 2, 2013. The sequester’s start date happened to coincide with several other “contractionary” fiscal policy measures. Among them was the scheduled expiration of the marginal tax rate cut ...
The Monetary-Fiscal Policy Mix
... the money supply is remarkably difficult to target, Volcker shifted his use of policy tools back to short-term interest rates like the Fed Funds and Discount rates. Widely regarded as the greatest Fed Chairman in US history, Volcker’s policy of fighting inflation was remarkably successful, as growth ...
... the money supply is remarkably difficult to target, Volcker shifted his use of policy tools back to short-term interest rates like the Fed Funds and Discount rates. Widely regarded as the greatest Fed Chairman in US history, Volcker’s policy of fighting inflation was remarkably successful, as growth ...
... The balance-of-payments current account deficit narrowed from 5.1% of GDP in 2013 to 4.9% in 2014. Goods exports contracted by 3.6%, while goods imports suffered an even sharper fall of 4.8%; these two factors combined to produce a smaller goods trade deficit (10.5% of GDP in 2014 versus 11.4% in 20 ...
in International Studies. Any expressed are those of the
... respectively. The corresponding nominal yields were 3.1 and 3.1 (3.0 and 3.0). So even if all holders were tax exempt, the experience of the last 55 years suggests that the real after—tax yield on government securities has been nowhere near the 3.0 percent per annum average growth rate of real Incom ...
... respectively. The corresponding nominal yields were 3.1 and 3.1 (3.0 and 3.0). So even if all holders were tax exempt, the experience of the last 55 years suggests that the real after—tax yield on government securities has been nowhere near the 3.0 percent per annum average growth rate of real Incom ...
AP Macro syllabus - Henry County Schools
... Concepts: Circular flow of economic activity, inclusions and exclusions concerning GDP, expenditure approach to GDP, income approach to GDP, nominal versus real GDP, phases of the business cycle, types of unemployment, full employment, measurements of inflation, types of inflation, effects of inflat ...
... Concepts: Circular flow of economic activity, inclusions and exclusions concerning GDP, expenditure approach to GDP, income approach to GDP, nominal versus real GDP, phases of the business cycle, types of unemployment, full employment, measurements of inflation, types of inflation, effects of inflat ...
The Politics of Supply-Side Economics
... in new equipment; there is no economic sense to excluding firms with no tax liability. It is often new and rapidly growing firms that have no tax liability against which to apply a non-refundable credit. But the main problem with the refundable investment tax credit is the precedent it establishes. ...
... in new equipment; there is no economic sense to excluding firms with no tax liability. It is often new and rapidly growing firms that have no tax liability against which to apply a non-refundable credit. But the main problem with the refundable investment tax credit is the precedent it establishes. ...
Business Cycle Theory
... – prices rise – workers want raises to pay higher prices – prices go up b/c workers paid more money – workers want raises to pay higher prices – prices rise – higher wages – ETC. . . ...
... – prices rise – workers want raises to pay higher prices – prices go up b/c workers paid more money – workers want raises to pay higher prices – prices rise – higher wages – ETC. . . ...