Economics marking guidelines 2009
... sustained, logical and well-structured response. Demonstrates a clear understanding of the causes and effects of recent movements in the value of the Australian dollar Consistently uses economic terms, relevant concepts, relationships and theory. Uses economic data and other information to develop a ...
... sustained, logical and well-structured response. Demonstrates a clear understanding of the causes and effects of recent movements in the value of the Australian dollar Consistently uses economic terms, relevant concepts, relationships and theory. Uses economic data and other information to develop a ...
Why You Can`t Trust the Inflation Numbers
... low. Senators Judd Gregg of New Hampshire and Johnny Isakson of Georgia, both Republicans, have said the economy continues to be at “full employment.” Two Democratic governors, Christine Gregoire of Washington and Joe Manchin III of West Virginia, have bragged that their states recently recorded the ...
... low. Senators Judd Gregg of New Hampshire and Johnny Isakson of Georgia, both Republicans, have said the economy continues to be at “full employment.” Two Democratic governors, Christine Gregoire of Washington and Joe Manchin III of West Virginia, have bragged that their states recently recorded the ...
Modern macroeconomics: monetary policy
... leading households to save less and spend more. Investment. Lower interest rates increase the demand for stocks and make it less expensive for firms and households to borrow, thereby increasing investment. Net exports. If interest rates in the United States decline relative to interest rates in othe ...
... leading households to save less and spend more. Investment. Lower interest rates increase the demand for stocks and make it less expensive for firms and households to borrow, thereby increasing investment. Net exports. If interest rates in the United States decline relative to interest rates in othe ...
More
... Gross Domestic Product: a measure of all the final goods and services which a nation produces within its borders in one year. It is a measurement of output. What is GNP? Gross National Product: the dollar value of all final goods and services produced in a year with labor and property supplied by a ...
... Gross Domestic Product: a measure of all the final goods and services which a nation produces within its borders in one year. It is a measurement of output. What is GNP? Gross National Product: the dollar value of all final goods and services produced in a year with labor and property supplied by a ...
SIMON FRASER UNIVERSITY Department of Economics Econ 345 Prof. Kasa
... 3. According to the Balassa-Samuelson theory of real exchange rates, rapid productivity growth in the tradeable goods sector produces an appreciation of the real exchange rate. 4. In open economies with flexible exchange rates, fiscal policy is more effective than monetary policy at influencing the leve ...
... 3. According to the Balassa-Samuelson theory of real exchange rates, rapid productivity growth in the tradeable goods sector produces an appreciation of the real exchange rate. 4. In open economies with flexible exchange rates, fiscal policy is more effective than monetary policy at influencing the leve ...
Cement Presentation 11-28-12 - Cape Fear Economic Development
... Innovative high Activity is part of the strategy technology industries, R&D, financial services, of sustainable community many professional Hospitality, light mfg, export services, universities, etc. products, and firms that achieve the above factors. ...
... Innovative high Activity is part of the strategy technology industries, R&D, financial services, of sustainable community many professional Hospitality, light mfg, export services, universities, etc. products, and firms that achieve the above factors. ...
19380_Decade copy edited chapter 3
... someone indifferent to the public’s well-being would dare to question him on the details. This is not an easy thing to pull off; it takes a master politician, which is to say a master of illusion. Roosevelt certainly saved the country from serious instability and, in spite of the lack of recovery, p ...
... someone indifferent to the public’s well-being would dare to question him on the details. This is not an easy thing to pull off; it takes a master politician, which is to say a master of illusion. Roosevelt certainly saved the country from serious instability and, in spite of the lack of recovery, p ...
Macroeconomics - Visuals - Unit 3
... Shifts in Aggregate Demand A decrease in expected future income, in government expenditures, in the money supply or an increase in taxes will cause the AD to shift from AD to AD1. An increase in expected future income, in government expenditures or in the money supply, or a decrease in taxes will c ...
... Shifts in Aggregate Demand A decrease in expected future income, in government expenditures, in the money supply or an increase in taxes will cause the AD to shift from AD to AD1. An increase in expected future income, in government expenditures or in the money supply, or a decrease in taxes will c ...
University of the West Indies, Mona Campus Council Luncheon
... Finally, the University can contribute to monetary and fiscal challenges by being the hub for policy discourse that it was in the decade of the 1960’s - a period that also saw researchers at this University questioning the limiting assumptions of neoclassical economics in explaining Caribbean econom ...
... Finally, the University can contribute to monetary and fiscal challenges by being the hub for policy discourse that it was in the decade of the 1960’s - a period that also saw researchers at this University questioning the limiting assumptions of neoclassical economics in explaining Caribbean econom ...
Macroeconomic Theory
... discouraged with work or would prefer full time work but have settled for some time of part time job. The appropriate indicator depends upon what one is attempting to measure. The official unemployment rate may go up when an economy comes out of a recession because those who were previously discoura ...
... discouraged with work or would prefer full time work but have settled for some time of part time job. The appropriate indicator depends upon what one is attempting to measure. The official unemployment rate may go up when an economy comes out of a recession because those who were previously discoura ...
Chapter 31 — AGGREGATE DEMAND AND AGGREGATE SUPPLY
... The statement that "whenever the economy enters a recession, its long-run aggregate-supply curve shifts to the left" is false. An economy could enter a recession if the aggregate-demand curve or the short-run aggregate-supply curve shift to the left. ...
... The statement that "whenever the economy enters a recession, its long-run aggregate-supply curve shifts to the left" is false. An economy could enter a recession if the aggregate-demand curve or the short-run aggregate-supply curve shift to the left. ...
First Quarter 2015 Review and Outlook
... representing two-thirds of domestic GDP, we believe the consumer benefit associated with lower oil prices will provide ...
... representing two-thirds of domestic GDP, we believe the consumer benefit associated with lower oil prices will provide ...
Costa_Rica_en.pdf
... reduction in previous years left room for a substantial increase (10.7% in real terms) in central government spending in 2009. Throughout the year the government implemented the “Plan Escudo” rescue package to deal with the international crisis. Noteworthy among the measures in the package are an in ...
... reduction in previous years left room for a substantial increase (10.7% in real terms) in central government spending in 2009. Throughout the year the government implemented the “Plan Escudo” rescue package to deal with the international crisis. Noteworthy among the measures in the package are an in ...
Guide to Economics - Raymond Williams Foundation
... the BMA announcing that they had studied all the relevant evidence and come to the conclusion that exercise is bad for you”. 6. The arguments around all this are, of course, huge and complicated. We’ll discuss various features and paradoxes: the distinction between ‘cuts’ and ‘austerity’; a contract ...
... the BMA announcing that they had studied all the relevant evidence and come to the conclusion that exercise is bad for you”. 6. The arguments around all this are, of course, huge and complicated. We’ll discuss various features and paradoxes: the distinction between ‘cuts’ and ‘austerity’; a contract ...
FEATURE: Is State Intervention in the Economy Inevitable?
... a political solution. The most significant claims for state intervention into the economy in modern times come from the argument about macroeconomic instability. The unhampered market economy is unstable and suffers from periodic crises; it brings uncertainty about the future and unemployment and th ...
... a political solution. The most significant claims for state intervention into the economy in modern times come from the argument about macroeconomic instability. The unhampered market economy is unstable and suffers from periodic crises; it brings uncertainty about the future and unemployment and th ...
High-level Regional Policy Dialogue on
... “It should come as no surprise in a world of globalization that it's not just the good things that move more easily across borders, but the bad things as well. Now, America has exported its downturn to the world.” Product innovations in international financial markets progress rapidly but regula ...
... “It should come as no surprise in a world of globalization that it's not just the good things that move more easily across borders, but the bad things as well. Now, America has exported its downturn to the world.” Product innovations in international financial markets progress rapidly but regula ...
MADISON PUBLIC SCHOOL DISTRICT Introduction to Economics Semester Elective
... 6.1.12.D.3a: Determine how expansion created opportunities for some and hardships for others by considering multiple perspectives. 5. The Development of the Industrial United States 6.1.12.C.5.a: Analyze the economic practices of various business organization (i.e., corporations and monopolies) rega ...
... 6.1.12.D.3a: Determine how expansion created opportunities for some and hardships for others by considering multiple perspectives. 5. The Development of the Industrial United States 6.1.12.C.5.a: Analyze the economic practices of various business organization (i.e., corporations and monopolies) rega ...
Economic_policy_challenges
... Real Effective Exchange Rate (% change of 3 years, HICP deflators) export market shares (% change in 5 years) nominal unit labour cost (% change in 3 years) ...
... Real Effective Exchange Rate (% change of 3 years, HICP deflators) export market shares (% change in 5 years) nominal unit labour cost (% change in 3 years) ...
module 28 review
... MODULE 28 REVIEW Check Your Understanding 1. Explain how each of the following would affect the quantity of money demanded, and indicate whether each change would cause a movement along the money demand curve or a shift of the money demand curve. a. Short-term interest rates rise from 5% to 30%. b. ...
... MODULE 28 REVIEW Check Your Understanding 1. Explain how each of the following would affect the quantity of money demanded, and indicate whether each change would cause a movement along the money demand curve or a shift of the money demand curve. a. Short-term interest rates rise from 5% to 30%. b. ...