The Impact of the Global Crisis on Cuba`s Economy and Social
... The global financial–economic crisis that began in 2008 generated transmission mechanisms from developed to developing economies that were in turn conditioned by domestic factors that might attenuate or accentuate the economic and social effects of the recession. Cuba is a special case, however. It is ...
... The global financial–economic crisis that began in 2008 generated transmission mechanisms from developed to developing economies that were in turn conditioned by domestic factors that might attenuate or accentuate the economic and social effects of the recession. Cuba is a special case, however. It is ...
UNIVERSITY OF CALICUT
... Teaching of Economics lack relevance if they do not help in the understanding of the laws of motion of the economy and society where one lives. The idea is to make the student at the undergraduate level understand correctly the basic concepts and terms used in Economics and to give him an exposure ...
... Teaching of Economics lack relevance if they do not help in the understanding of the laws of motion of the economy and society where one lives. The idea is to make the student at the undergraduate level understand correctly the basic concepts and terms used in Economics and to give him an exposure ...
Lecture 2: Key Economic Variables and Concepts Gross Domestic
... reports both GDP (billions of dollars) and GDP (billions of 1997 dollars). The first item is nominal GDP, while the second is real GDP. If we want to compare how much more goods and services we have now than say in 1990, we want to use Real GDP. There is nothing magic about using 1997 dollars. You w ...
... reports both GDP (billions of dollars) and GDP (billions of 1997 dollars). The first item is nominal GDP, while the second is real GDP. If we want to compare how much more goods and services we have now than say in 1990, we want to use Real GDP. There is nothing magic about using 1997 dollars. You w ...
IOSR Journal of Business and Management (IOSR-JBM)
... This leads to a fall in the collective demand. Also the Central Bank sells securities in the open market during tight monetary policy in order to curb the rise in money supply. It also raises the reserve ratio and adopts a number of selective credit control measures such as raising margin requiremen ...
... This leads to a fall in the collective demand. Also the Central Bank sells securities in the open market during tight monetary policy in order to curb the rise in money supply. It also raises the reserve ratio and adopts a number of selective credit control measures such as raising margin requiremen ...
National Accounts on the Economic Crisis in Slovenia
... in some cases within the main text. More demanding readers, i.e. those who want to learn more, are directed to the source (by stating the serial number of the used source stated in the list of sources), so that they can improve their knowledge and continue to monitor national accounts data in the fu ...
... in some cases within the main text. More demanding readers, i.e. those who want to learn more, are directed to the source (by stating the serial number of the used source stated in the list of sources), so that they can improve their knowledge and continue to monitor national accounts data in the fu ...
Turning Points: Business Cycles in Canada since 1926
... to be more cyclical than the economy itself because of measurement issues. Perhaps more important than a simple rule, such as that half the economy has to be in recession, is to look at the sectors that are affected. In Canada, certain sectors of the economy – manufacturing, construction, the goods- ...
... to be more cyclical than the economy itself because of measurement issues. Perhaps more important than a simple rule, such as that half the economy has to be in recession, is to look at the sectors that are affected. In Canada, certain sectors of the economy – manufacturing, construction, the goods- ...
The Impact of the 2008 Tax Rebates on Consumer Spending
... households, they would increase spending levels and avoid (or at least mitigate) the severity of the slowdown. Skeptics argued that households would not spend their tax rebates. People tend to dislike swings in their consumption levels, leading some to believe that the one-time stimulus payment wou ...
... households, they would increase spending levels and avoid (or at least mitigate) the severity of the slowdown. Skeptics argued that households would not spend their tax rebates. People tend to dislike swings in their consumption levels, leading some to believe that the one-time stimulus payment wou ...
Neoliberalism: a Foucauldian Perspective
... and correct distribution of goods, it became, in liberal and neoliberal times, a space of veridiction, of enouncing the truth and of verifying the government. ddThe market creates the exchange values and also the natural truth of economic and government processes; the utility principle creates the v ...
... and correct distribution of goods, it became, in liberal and neoliberal times, a space of veridiction, of enouncing the truth and of verifying the government. ddThe market creates the exchange values and also the natural truth of economic and government processes; the utility principle creates the v ...
1. What is Economics
... Here “ends” imply “wants”. “Scarce Means “imply “limited resources”.According to the scarcity definition, limited resources can be used alternatively. Take the example of production of two goods – Cloth and Wheat. We cannot produce unlimited amount of cloth and wheat with limited amount of resources ...
... Here “ends” imply “wants”. “Scarce Means “imply “limited resources”.According to the scarcity definition, limited resources can be used alternatively. Take the example of production of two goods – Cloth and Wheat. We cannot produce unlimited amount of cloth and wheat with limited amount of resources ...
native rendition - European Commission
... How scattered Airbnb rentals are also becomes apparent on insideairbnb.com, where maps for various cities are available (Inside Airbnb, 2016). Furthermore, the distribution of prices is considerably larger. Guests will mostly pay a lower price to stay in a private home than in a hotel. Airbnb hosts ...
... How scattered Airbnb rentals are also becomes apparent on insideairbnb.com, where maps for various cities are available (Inside Airbnb, 2016). Furthermore, the distribution of prices is considerably larger. Guests will mostly pay a lower price to stay in a private home than in a hotel. Airbnb hosts ...
![Ch 8 Basic Macro Relationships [Building AE 1] [AP]](http://s1.studyres.com/store/data/008217109_1-2db3ccec916917dc25d98b9756691d43-300x300.png)
Ch 8 Basic Macro Relationships [Building AE 1] [AP]
... With dollars in their pockets, the students spend money on food and drink, motel rooms, dance clubs, etc. These dollars raise total income there by some multiple of itself. College students buy pizzas, beer, and sodas. The people who sell these items find their incomes rising. They spend some fracti ...
... With dollars in their pockets, the students spend money on food and drink, motel rooms, dance clubs, etc. These dollars raise total income there by some multiple of itself. College students buy pizzas, beer, and sodas. The people who sell these items find their incomes rising. They spend some fracti ...
In the wake of the crisis: Argentina`s new economic and labour
... labour legislation, social protection and promotion of social dialogue as redistributive tools, all formed part of the package of initiatives developed by Argentina in these three years. All these aspects taken together, and this is something new, point to a strong and efficient State which allowed ...
... labour legislation, social protection and promotion of social dialogue as redistributive tools, all formed part of the package of initiatives developed by Argentina in these three years. All these aspects taken together, and this is something new, point to a strong and efficient State which allowed ...
A Primer on Economics: `X` Marks the Spot
... cannot be physically measured Bentham assumed they can be reified, i.e., an abstraction made concrete, in this case of happiness made money. The presence of money brings pleasure; its absence pain. The willingness to pay in monetary terms is taken as the measure of the happiness a consumer believes ...
... cannot be physically measured Bentham assumed they can be reified, i.e., an abstraction made concrete, in this case of happiness made money. The presence of money brings pleasure; its absence pain. The willingness to pay in monetary terms is taken as the measure of the happiness a consumer believes ...
Has the Inclusion of Forward-Looking Statements in Monetary Policy
... their transparency by including policy-rate guidance in their official communications. However, there is an ongoing debate about the value of communicating forward-looking policy-rate guidance, since there are both advantages and disadvantages to consider. This paper’s main focus is to study the imp ...
... their transparency by including policy-rate guidance in their official communications. However, there is an ongoing debate about the value of communicating forward-looking policy-rate guidance, since there are both advantages and disadvantages to consider. This paper’s main focus is to study the imp ...
International Comparisons of GDP: Issues of - ANU Press
... For any country or individual economy for a specific period of time (normally a year), its GDP is defined in terms of the value of the output of goods and services produced within the economy over that period. For any given year, past or present, the outputs that enter into GDP are measured and valu ...
... For any country or individual economy for a specific period of time (normally a year), its GDP is defined in terms of the value of the output of goods and services produced within the economy over that period. For any given year, past or present, the outputs that enter into GDP are measured and valu ...
Aggregate Demand and Aggregate Supply
... • Upward sloping aggregate supply implies that attempts to increase aggregate output result in an increase in both output and the price level. – When the demand for goods and services rises, firms increase their demand for inputs. • When all firms demand more inputs and the market supply of inputs i ...
... • Upward sloping aggregate supply implies that attempts to increase aggregate output result in an increase in both output and the price level. – When the demand for goods and services rises, firms increase their demand for inputs. • When all firms demand more inputs and the market supply of inputs i ...
If, When, How: A Primer on Fiscal Stimulus
... eductions in taxes and increases in government expenditures can boost household and business spending during economic downturns, thereby keeping national output, income, and employment at a higher level. The idea of using fiscal policy to reduce the magnitude of economic fluctuations dates back at l ...
... eductions in taxes and increases in government expenditures can boost household and business spending during economic downturns, thereby keeping national output, income, and employment at a higher level. The idea of using fiscal policy to reduce the magnitude of economic fluctuations dates back at l ...
NBER WORKING PAPER SERIES CURRENT ACCOUNT ADJUSTMENT: SOME NEW THEORY AND EVIDENCE
... We note that it is not straightforward to study capital flows (capital account adjustments) in a Heckscher-Ohlin-Samuelson framework: without costs of trade in goods or capital, there are infinite combinations of capital flow and goods trade composition that constitute equilibria. So the exact amoun ...
... We note that it is not straightforward to study capital flows (capital account adjustments) in a Heckscher-Ohlin-Samuelson framework: without costs of trade in goods or capital, there are infinite combinations of capital flow and goods trade composition that constitute equilibria. So the exact amoun ...
D.C.A. Curtis. Monetary Policy Rules in Canada in the 1990s.
... experience the stability of economic growth and the low levels of unemployment that were enjoyed south of the border. Indeed, in contrast to the ongoing Long Boom in the United States, Canada experienced what Fortin (1996) called the “Great Canadian Slump”. This contraction in the economy was deep e ...
... experience the stability of economic growth and the low levels of unemployment that were enjoyed south of the border. Indeed, in contrast to the ongoing Long Boom in the United States, Canada experienced what Fortin (1996) called the “Great Canadian Slump”. This contraction in the economy was deep e ...
Trade Policy and America`s Standard of Living: An Historical
... question. Instead, the latter part of this paper analyzes a similar but smaller question: is it plausible to believe that the tariffs levied on manufacturing imports in the late nineteenth century induced enough benefits to economic growth to more than offset their economic cost? Thus the first part ...
... question. Instead, the latter part of this paper analyzes a similar but smaller question: is it plausible to believe that the tariffs levied on manufacturing imports in the late nineteenth century induced enough benefits to economic growth to more than offset their economic cost? Thus the first part ...