PPT
... Circular flow: let’s all tighten our belts to save money during these hard times! If we all cut wages, the economy will grow! The world can grow its way out of the recession by increasing exports! ...
... Circular flow: let’s all tighten our belts to save money during these hard times! If we all cut wages, the economy will grow! The world can grow its way out of the recession by increasing exports! ...
Japan
... Rose from 2.1 % in 1991 to 4.7 % by year end 2000 When comparing unemployment to other countries it may seem low, however, 4.7 % is unheard of in Japan Decade earlier unemployment never passed 2.8 % ...
... Rose from 2.1 % in 1991 to 4.7 % by year end 2000 When comparing unemployment to other countries it may seem low, however, 4.7 % is unheard of in Japan Decade earlier unemployment never passed 2.8 % ...
... 2002. This inflationary spike was due to the electricity and fuel price correction policy implemented when the current government took office, with hikes of 50.4% for residential energy, 22% for cooking gas and 18.6% for gasoline. These rises have increasingly been passed through to all products, in ...
Econ 100Practice Exam 2
... 1. It increases by $400 [multiply $100 times the multiplier, which is 4]. 2. Marginal propensity to consume [MPC]. 3. It increases. 4. When the Fed buys and sells bonds to private bank to increase or decrease the money supply. 5. downward 6. both increase 7. Monetary policy is controlled by the Fed ...
... 1. It increases by $400 [multiply $100 times the multiplier, which is 4]. 2. Marginal propensity to consume [MPC]. 3. It increases. 4. When the Fed buys and sells bonds to private bank to increase or decrease the money supply. 5. downward 6. both increase 7. Monetary policy is controlled by the Fed ...
PDF
... minimum wages to other sectors is currently under discussion. A wide consensus exists among economists that the employment effects would be negative in Germany. Proponents of a minimum wage argue that no-one can live on a low hourly rate. This argument falls short, however, because it does not take ...
... minimum wages to other sectors is currently under discussion. A wide consensus exists among economists that the employment effects would be negative in Germany. Proponents of a minimum wage argue that no-one can live on a low hourly rate. This argument falls short, however, because it does not take ...
For Every Action There is an Equal and
... • Record low inventories; compressed industrial production/capacity utilization; record job losses (coiled spring for production/employment) • Pent-up demand building (consumer & business) • Housing has likely bottomed • Many foreign economies recovering sharply, driving global industrial production ...
... • Record low inventories; compressed industrial production/capacity utilization; record job losses (coiled spring for production/employment) • Pent-up demand building (consumer & business) • Housing has likely bottomed • Many foreign economies recovering sharply, driving global industrial production ...
PDF
... In Germany, economic activity also stabilised in the summer of 2009, albeit at a clearly reduced level of output. The worldwide financial crisis hit the economy full force last winter. The spreading crisis of confidence led to a collapse in foreign orders and to an unprecedented plunge in industrial ...
... In Germany, economic activity also stabilised in the summer of 2009, albeit at a clearly reduced level of output. The worldwide financial crisis hit the economy full force last winter. The spreading crisis of confidence led to a collapse in foreign orders and to an unprecedented plunge in industrial ...
PPT
... Manufacturing and construction particularly hard hit Exchange rate over US$0.70 – hurting exporters But cautious optimism ...
... Manufacturing and construction particularly hard hit Exchange rate over US$0.70 – hurting exporters But cautious optimism ...
FEA Econ Presentation Jan 2014
... An economy that is still growing.. Recession technically over June 2009 16 out of 17 quarters with positive real GDP growth since Q3 2009 Unemployment at lowest point in 5 years (7%) Retail sales growth relatively solid Growth in industrial production and capacity utilization Interest rates ...
... An economy that is still growing.. Recession technically over June 2009 16 out of 17 quarters with positive real GDP growth since Q3 2009 Unemployment at lowest point in 5 years (7%) Retail sales growth relatively solid Growth in industrial production and capacity utilization Interest rates ...
No computers on We will go around the room , by - Studious-Catz
... wants of their citizens with limited resources. Example would be your town may wish to give a large wage increase to police and firefighters but because taxes may not provide enough money the increase might have to be smaller in order to provide other services, such as a new school building or addit ...
... wants of their citizens with limited resources. Example would be your town may wish to give a large wage increase to police and firefighters but because taxes may not provide enough money the increase might have to be smaller in order to provide other services, such as a new school building or addit ...
Belize_en.pdf
... in the first half of 2009), which more than offset the 18% fall in goods exports, tourism and remittances, resulted in a narrowing of the current account deficit from 8% of GDP in the first half of 2008 to 4% of GDP in the first half of 2009. Imports plummeted following the winding down of large inv ...
... in the first half of 2009), which more than offset the 18% fall in goods exports, tourism and remittances, resulted in a narrowing of the current account deficit from 8% of GDP in the first half of 2008 to 4% of GDP in the first half of 2009. Imports plummeted following the winding down of large inv ...
What phase of the business cycle
... • When the economy starts to slow down (contraction), interest rates will decrease. Wait to buy a car or house until the rates drop to a low point, if you are sure you ...
... • When the economy starts to slow down (contraction), interest rates will decrease. Wait to buy a car or house until the rates drop to a low point, if you are sure you ...
Colombia_en.pdf
... mining, transport and, to a lesser extent, agriculture, the main drivers in this period. Conversely, electricity, gas and water and manufacturing grew by less than 2.0% and construction, by 0.3%. Consumption, particularly private investment, which had been an engine of growth in previous years, cont ...
... mining, transport and, to a lesser extent, agriculture, the main drivers in this period. Conversely, electricity, gas and water and manufacturing grew by less than 2.0% and construction, by 0.3%. Consumption, particularly private investment, which had been an engine of growth in previous years, cont ...
Macroeconomics: Relating to the economy as a whole rather than
... of money individuals and businesses receive for productive factors provided. It comprises wages, salaries, rent, interest, profits from corporations, profits from unincorporated businesses. The difference between the national income and the net national product is indirect business taxes. ...
... of money individuals and businesses receive for productive factors provided. It comprises wages, salaries, rent, interest, profits from corporations, profits from unincorporated businesses. The difference between the national income and the net national product is indirect business taxes. ...
fundingspendingcaps511
... massive cuts in education, Medicare, Medicaid, Social Security, and other programs that meet crucial national needs. In fact, the caps would require the largest cuts in federal spending in modern history. Global spending caps are the wrong approach to addressing our fiscal challenges. Tax cuts for t ...
... massive cuts in education, Medicare, Medicaid, Social Security, and other programs that meet crucial national needs. In fact, the caps would require the largest cuts in federal spending in modern history. Global spending caps are the wrong approach to addressing our fiscal challenges. Tax cuts for t ...
“Economics is the social science concerned with the efficient use of
... - Exports and Imports as percentages of total Canadian output increased in the 1990s - Canadian trade surplus since 1994. Implications? - How do economic links between nations, such as international trade and borrowing, affect the performance of individual economies and the world economy as a whole? ...
... - Exports and Imports as percentages of total Canadian output increased in the 1990s - Canadian trade surplus since 1994. Implications? - How do economic links between nations, such as international trade and borrowing, affect the performance of individual economies and the world economy as a whole? ...
Colombia_en.pdf
... In the first half of 2009, GDP growth slowed by 0.5% compared with the same period of 2008. The manufacturing, commerce and transport sectors, which had led growth in previous years, were hit hardest by the crisis. The agricultural sector has also experienced a downturn. However, the rally in the pr ...
... In the first half of 2009, GDP growth slowed by 0.5% compared with the same period of 2008. The manufacturing, commerce and transport sectors, which had led growth in previous years, were hit hardest by the crisis. The agricultural sector has also experienced a downturn. However, the rally in the pr ...
SOTU and the Contemporary Macroeconomic Consensus
... opposing schools of economic thought in order to form conclusions about the contemporary macroeconomic consensus. ...
... opposing schools of economic thought in order to form conclusions about the contemporary macroeconomic consensus. ...
Document
... US is world’s biggest debtor. 2004: net foreign assets = negative $2.5 trillion (assets=$10 trillion; liabilities =$12.5 trillion). US Private Sector: fragile, maybe Ponzi. But no reason to distinguish between domestic or foreign creditors. US Government: services debt by crediting bank accounts; ca ...
... US is world’s biggest debtor. 2004: net foreign assets = negative $2.5 trillion (assets=$10 trillion; liabilities =$12.5 trillion). US Private Sector: fragile, maybe Ponzi. But no reason to distinguish between domestic or foreign creditors. US Government: services debt by crediting bank accounts; ca ...
The Great Recession vs. The Great Depression
... • “Excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” • “Such large-scale debt buildups pose risks because they make an economy vulnerable to crises of confidence, particularly when debt is ...
... • “Excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” • “Such large-scale debt buildups pose risks because they make an economy vulnerable to crises of confidence, particularly when debt is ...
Economic Indicators PowerPoint
... Due to increased incomes, Europeans buy more US goods and services. A foreign government imposes a tariff that discourages its citizens from buying goods from the US Businesses are optimistic about the future and increase construction of new factories. Many more Americans decide to buy cars manufact ...
... Due to increased incomes, Europeans buy more US goods and services. A foreign government imposes a tariff that discourages its citizens from buying goods from the US Businesses are optimistic about the future and increase construction of new factories. Many more Americans decide to buy cars manufact ...
PROBLEM SET 1 14.02 Macroeconomics February 15, 2006 Due February 22, 2006
... 1. The annual growth rate of GDP was 0.8% in 2001, so the positive growth rate indicates there was in fact no “recession of 2001.” 2. Last year, government spending (G) grew significantly. This was due partly to an increase in Social Security, welfare and Medicare payments as well as an increase in ...
... 1. The annual growth rate of GDP was 0.8% in 2001, so the positive growth rate indicates there was in fact no “recession of 2001.” 2. Last year, government spending (G) grew significantly. This was due partly to an increase in Social Security, welfare and Medicare payments as well as an increase in ...