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Politics and the Macro Economy Richard E. Wagner Do
Politics and the Macro Economy Richard E. Wagner Do

A-level Economics Specimen question paper Paper 3
A-level Economics Specimen question paper Paper 3

... Referring to the source booklet, study Extracts A, B, and C and then use these and your own economic knowledge to help you answer questions 31 and 32. There is also an additional news report, Extract D, which is to be used with the other extracts to help answer question 33. ...
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... In our view, corporate profit margins have already peaked—a situation that will constrain earnings growth to less than 5% per annum. Equities should outperform fixed income investments, but the modest outlook for profit growth, in the U.S. market at least, means that we are in a low-return world. It ...
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... income. So therefore inflation will reduce the purchasing power of money. ii) My advice given the current economic situation is to try to decrease inflation. Inflation is caused by factors such as levels of aggregate demand. So by increasing interest rates, this in effect will decrease the level of ...
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Is U. S. Economic Growth Over? Lessons from the Long 20th
Is U. S. Economic Growth Over? Lessons from the Long 20th

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... the apparent change in the behavior of new construction beginning in the early 1990s. Before then, the series was volatile, and thereafter it has been relatively smooth.This 1990 breakpoint may not be coincidental. Following the banking crisis in the late 1980s and early 1990s, capital market discip ...
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... “Economics is not a neutral, technical discipline” (Stanford, 2008: 4). Stanford: “economists of all stripes carry political baggage. I certainly do.” (2008: 8). Stanford: “most economic theories over the years have been motivated by political considerations. Modern economics (including this book!) ...
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... Why Not … ignore media headlines about inflation? • Instead of the headline inflation rate, policymakers prefer looking at the core inflation rate, which is the rate of change in average prices excluding food and energy prices. • Nevertheless, economists also found that movements in the headline in ...
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... referred as “costs – push inflation” or “supply – side inflation”. • Recall that if output fall while price level rising (inflation), it is a stagflation situation. ...
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Business cycle

The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions or recessions).Used in the indefinite sense, a business cycle is a period of time containing a single boom and contraction in sequence.Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite being termed cycles, these fluctuations in economic activity can prove unpredictable.A boom-and-bust cycle is one in which the expansions are rapid and the contractions are steep and severe.
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