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Economy in Brief
Economy in Brief

Miami Dade College ECO 2013.002 Principles
Miami Dade College ECO 2013.002 Principles

... 13. In the United States, the Census Bureau computes the unemployment rate from: A) data on applications for unemployment compensation. B) data reported to it by firms when employees leave. C) the Current Population Survey. D) tax records. ...
Stock investment analysis report
Stock investment analysis report

... product for 2007 estimated to be $357.9 billion with a growth rate of 5% to 7% since 2007 In 2009, the nominal GDP was US$191.4 billion, and the nominal per capital GDP was US$6,761. Malaysia economic data states that in 2008 fiscal GDP of Malaysia, as per purchasing power parity, was $397.5 billion ...
I(Investment )
I(Investment )

...  Conditional Convergence: Besides the initial endowments, there exist other differences between two distinct economies, then they will reach distinct steady states. ...
From the Periphery to the Core? Central Europe and the Economic
From the Periphery to the Core? Central Europe and the Economic

... bad conditions of public finances: the country has been under an excessive deficit procedure since 2004 and public debt has been hovering around 80% of the GDP since 2009. Such conditions have been constraining the Hungarian government’s tool-kit of anti-cyclical fiscal policy instruments in compari ...
File
File

... ● When the government cuts personal income taxes, it increases take home pay.  Households will save some of this additional income, but they will also spend  more on consumer goods. Because it increases consumer spending, tax cuts  shift the aggregate demand curve to the right  ○ The size of the shi ...
Economics CW/HW Five Habits of 401(k) Millionaires They start
Economics CW/HW Five Habits of 401(k) Millionaires They start

... 401(k) to your new employer’s plan or into a rollover IRA. The average tenure of our 401(k) millionaires with their current employer was 34 years, so most of them likely never had the option to cash out. But even if you don’t end up staying that long with the same employer, you can emulate the behav ...
Macroeconomic management and fiscal policy
Macroeconomic management and fiscal policy

... restore output to full capacity, i.e., bring actual GDP up to potential GDP, especially if monetary policy is impotent ...
CEP US Election Analysis No. 1
CEP US Election Analysis No. 1

... easing (QE1), purchasing more than a trillion dollars in private sector assets. In addition to QE1, in late 2012, the Fed purchased long-term Treasury bonds in an attempt to bring down longerterm interest rates (QE2), swapped short-term Treasury bills for longer-term bonds starting in September 2011 ...
risk
risk

... People’s willingness to pay the difference for borrowing today and their desire to receive a surplus on their savings give rise to an interest rate referred to as the pure time value of money. ...
The Problem of Full Employment by Parvez Hasan
The Problem of Full Employment by Parvez Hasan

... regulating investment is to completely dispensed with. Credit policy does influence total spending through its influence on private investment and demand for durable-consumer goods. Cheap money will also help loan financed compensatory spending by the Government the role of which we shall shortly di ...
This Report discusses the finances of the Union Government and... i.e., 2002) and the two most recent years.  It also... UNION GOVERNMENT FINANCES AND ACCOUNTS: 2003-04
This Report discusses the finances of the Union Government and... i.e., 2002) and the two most recent years. It also... UNION GOVERNMENT FINANCES AND ACCOUNTS: 2003-04

... ¾ The revenue deficit in 2003-04 was Rs. 100986 crore while the fiscal deficit amounted to Rs. 80937 crore. The revenue deficit constituted 3.64 per cent of Gross Domestic Product while the fiscal deficit amounted to 2.92 per cent of GDP. ¾ The resources of the Union Government in 2003-04 amounted t ...
Asset Allocation Decision
Asset Allocation Decision

... • Identify investment needs, risk tolerance, and familiarity with capital markets • Identify objectives and constraints • Enhance investment plans by accurate formulation of a policy statement ...
Glossary: Patterns and Change - Cambridge Resources for the IB
Glossary: Patterns and Change - Cambridge Resources for the IB

... neutrons. It is capable of producing more fissionable material than it consumes. Fertility rate the number of live births per 1000 women aged 15–49 years in a given year. Flow renewable resources are resources that do not need regeneration, such as solar power. Forced migration this occurs when the ...
Slide 1
Slide 1

... – 1. Foreign interest rates must also fall… – 2. and/or The forward rate must fall. – 3. and/or…The spot rate must rise. An increase in the spot rate implies a DOMESTIC CURRENCY DEPRECIATION. ...
Tax-Deferred Retirement Saving in Canada
Tax-Deferred Retirement Saving in Canada

... For a retiree withdrawal from a TDA, taxable income includes C/QPP income and OAS benefits (net of the clawback), as well as TDA benefits and any employment earnings. The Guaranteed Income Supplement (GIS) and other non-taxable government benefits are excluded, but the clawback of these benefits is ...
Answer Key
Answer Key

... 2. A decrease in the demand for loanable funds (for investment) or an increase in the supply of loanable funds (from savers) will cause a decrease in interest rates. 3. a) wage rate: $7; workers employed: 12 million b) employed: 10.8; unemployed: 2.7 c) Since employment dropped from 12 million to 10 ...
Public Policy - Grosse Pointe Public School System
Public Policy - Grosse Pointe Public School System

... Nondefense discretionary (grants to states, federal operations, etc.): 11% III. Entitlements ("uncontrollables"): federal money that is 1) provided to those who meet eligibility requirements and 2) is automatically spent each year without congressional review. Some have a built in COLA, also without ...
PDF Download
PDF Download

... interest rates declined. The three-month EURIBOR rate decreased from an average 0.74% in October to 0.71% in December. Yet the ten-year bond yields grew from 3.80% in October to 3.88% in December. In the same period of time the yield spread increased from 3.06% (October) to ...
Explanations
Explanations

... One can define GDP, a measure of overall economic activity, as the  dollar value of final goods and services produced in an economy in a  period of time. This is the product approach.  Since output produced  is also purchased, one could also measure by expenditure. And since  revenues that flow into ...
Web note 211: Philips Curve
Web note 211: Philips Curve

The Real Rate of Interest
The Real Rate of Interest

... decreases in the purchasing power of their wealth. – If investors feel the prices of real goods will increase (inflation), it will take increased interest rates to encourage them to place their funds in financial assets. ...
pictet emerging local currency debt "r" acc
pictet emerging local currency debt "r" acc

... The fund aims to achieve its investment objective by investing a minimum of two-thirds of its total assets or wealth in a diversified portfolio of bonds and other debt securities linked to local emerging debt. Emerging countries are defined as those considered, at the time of investing, as industria ...
wealth matters.
wealth matters.

... paid, permanent life insurance provides coverage throughout your life, even if health or personal situations change. And buying a policy at a young age locks in insurability. With so many unique benefits, permanent life insurance can be a strong addition to your balance sheet and the foundation for ...
Long-Run Economic Growth, Part 2 Agenda The Solow Model The
Long-Run Economic Growth, Part 2 Agenda The Solow Model The

... ¾The rate of productivity improvement is the dominant factor determining how quickly living standards rise. ...
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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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