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Advertising Checklist - DOC
Advertising Checklist - DOC

... of these deposit advertising requirements (except in referring to accounts as "free" or "no cost" or similar term) if the sign:  States the rate as an "annual percentage yield," using that term or the term "APY".  States no other rate except that the interest rate may be stated in conjunction with ...
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... an updated version of the Feldstein-Samwick analysis that incorporates the economic, demographic and mortality assumptions contained in the 1998 Social Security Trustees Report (instead of the 1995 Trustees’ assumptions used in the earlier Feldstein-Samwick studies.) I focus on the long run properti ...
Full Text
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... an updated version of the Feldstein-Samwick analysis that incorporates the economic, demographic and mortality assumptions contained in the 1998 Social Security Trustees Report (instead of the 1995 Trustees’ assumptions used in the earlier Feldstein-Samwick studies.) I focus on the long run properti ...
Economic Planning in India
Economic Planning in India

... • Enhancements in the areas of health and education. ...
Argentina: A Decade of the Convertibility Regime
Argentina: A Decade of the Convertibility Regime

... greater excess supply in the goods markets, thus reinforcing the depressed situation of the labor market. On the one hand, lower earnings have a negative impact on aggregate demand. On the other hand, price deflation increases the level of debts in real terms, which can also have a negative effect o ...
ECON SUN #2 Student Contact Info (Copy from SUN #1) Student
ECON SUN #2 Student Contact Info (Copy from SUN #1) Student

... sector to purchase goods/services. III. Taming the Deficit – There have been many attempts to bring down the deficit. A. GRH (Gramm-Rudman-Hollings) – Legislation passed to set deficit targets to bring down the deficit. However, there were many ways around this that Congress used, and it was ineffec ...
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...  Each country’s per-capita GDP is expressed as a ...
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... reserves, largely due to continued labour force increase. However, findings from the November 2016 pension review carried out by the authorities confirm that concerns remain, as the annual balance of the system is expected to become negative by 2023. Pension expenditure is projected to increase by 3 ...
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... reserves, largely due to continued labour force increase. However, findings from the November 2016 pension review carried out by the authorities confirm that concerns remain, as the annual balance of the system is expected to become negative by 2023. Pension expenditure is projected to increase by 3 ...


... an updated version of the Feldstein-Samwick analysis that incorporates the economic, demographic and mortality assumptions contained in the 1998 Social Security Trustees Report (instead of the 1995 Trustees’ assumptions used in the earlier Feldstein-Samwick studies.) I focus on the long run properti ...
The Economics of Political Transitions
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... (measured in constant prices). On the other hand, declines in public and private investment were large, ranging approximately between 10 and 40 percent during the event year (Figures 4 and 5). Moreover, average growth rates of investment remained modest in subsequent years: public investment did not ...
Inequality, Leverage and Crises
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... reduction in crisis probability. — Solutions to financial fragility that leave bargaining power (or alternatively taxation) untouched run into the problem that investors’s surplus funds will keep pushing loans and therefore crisis probability higher. ...
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... These prototype assessment items illustrate the types of items used in the item bank for this objective. All items have been written to match the cognitive process of the analyze verb in the objective. These exact questions will not be used on the secure postassessment, but questions in similar form ...
ecomacro2005_avec_co..
ecomacro2005_avec_co..

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... both allow for transitory deviation from full employment both predict ‘policy irrelevance’ both predict that there is a difference in short run output whether a policy is anticipated or not d. classicals assume people make no systematic errors while Lucas assumes they do e. all of the above 22. Acco ...
Macroeconomics Unit 4 “Consumption, Investment, and the
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... schedules have positive and negative vertical intercepts respectively. (Appendix to Chapter 1). MPC and MPS measure changes in consumption and saving as income changes; they are the slopes of the consumption and saving schedules. For straight-line consumption and saving schedules, these slopes do no ...
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Pensions crisis

The pensions crisis is a predicted difficulty in paying for corporate, state, and federal pensions in the United States and Europe, due to a difference between pension obligations and the resources set aside to fund them. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the Post-WW2 Baby Boom). There is significant debate regarding the magnitude and importance of the problem, as well as the solutions.For example, as of 2008, the estimates for the underfunding of U.S. states' pension programs range from $1 trillion using the discount rate of 8% to $3.23 trillion using U.S. Treasury bond yields as the discount rate. The present value of unfunded obligations under Social Security as of August 2010 was approximately $5.4 trillion. In other words, this amount would have to be set aside today such that the principal and interest would cover the program's shortfall between tax revenues and payouts over the next 75 years.Some economists question the concept of funding, and, therefore underfunding. Storing funds by governments, in the form of fiat currencies, is the functional equivalent of storing a collection of their own IOUs. They will be equally inflationary to newly written ones when they do come to be used.Reform ideas are in three primary categories: a) Addressing the worker-retiree ratio, via raising the retirement age, employment policy and immigration policy; b) Reducing obligations via shifting from defined benefit to defined contribution pension types and reducing future payment amounts (by, for example, adjusting the formula that determines the level of benefits); and c) Increasing resources to fund pensions via increasing contribution rates and raising taxes.
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