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Last day to sign up for AP Exam - ms
Last day to sign up for AP Exam - ms

... need to charge higher interest rates to get a REAL return on their loans. • Higher interest rates discourage consumer spending and business investment. WHY? ...
German, French GDP Cast Shadow Over Euro Zone
German, French GDP Cast Shadow Over Euro Zone

... the French economy contracted by 0.6%. By comparison, the U.S. economy grew by 2.8% in the same period, while figures released earlier Thursday showed Japan's economy grew by 1.9%. French finance minister Pierre Moscovici said the economy will still meet the government's forecast and record slight g ...
Photomask Revenue
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Slide 1

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The French Economy, European Authorities, and the IMF: “Structural
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... This is another indication that the labor market is weaker than indicated by the official unemployment rate. The International Monetary Fund (IMF) states that “[t]he unemployment rate is projected to decline only very slowly, converging with the NAIRU (to around 8½ percent) over the medium term.” 6 ...
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The Greek Economy - The Center for Economic and Policy Research
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Why Is Europe Forming A Monetary Union?

... vesting in new plant and equipment, which, in turn, will lead to slower economic growth. The exchange-rate crisis of 1992 illustrates the effect of speculative attacks on the economy. Europe at that time had been in a deep recession for two full years; the average European unemployment rate was appr ...
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... enough money in the economy. 2. To reduce unemployment, Congress could implement ____________________ fiscal policy. 3. As a result of government _________________ its spending, there will be ____________ total spending in the economy. 4. As a result of ________________ total spending, firms _______ ...
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... economy, with nominal GDP being expressed in current dollar prices, and real GDP being expressed in constant dollar prices (i.e. the dollar value of a particular year, after adjustment for inflation). Changes in real GDP are often used as a measure of economic growth, or the strength of the economy ...
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Okun`s Law across the Business Cycle and during the Great
Okun`s Law across the Business Cycle and during the Great

... unemployment over the Great Recession and labor market conditions since can be attributed to fluctuations in aggregate demand. We further ask whether this time things were different? That is, was the increase in unemployment during the Great Recession different from that observed in other recessions ...
Liquidity Trap - Portland State University
Liquidity Trap - Portland State University

... such a situation, because the opportunity cost of holding money is zero, even if the monetary authority increases money supply to stimulate the economy, people hoard money. Consequently, excess funds may not be converted into new investment. Liquidity trap usually is caused by, and in turn perpetuat ...
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A Forecast of the U.S. Business Cycle Using Three
A Forecast of the U.S. Business Cycle Using Three

... The political business cycle theory is an alternative approach to understand why business cycles change. Taylor (2000) states that there is a simple political need to be observed of doing something “positive” during a recession, which may include to “increase spending or to cut taxes to stimulate t ...
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Recession

In economics, a recession is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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