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European Economic Forecast Spring 2017
European Economic Forecast Spring 2017

... the light of the closing of the output gap towards the end of the forecast period, is expected to substantially diminish in 2017 and 2018, remaining however in positive territory. Luxembourg’s debt-to-GDP ratio decreased to 20.0% in 2016. In spite of a regular primary surplus, it is set to increase ...
Unit 7
Unit 7

... the actions of people and firms who try to anticipate what policymakers will do and who react not only to current policy but also to expectations of future policy -Therefore, economic policy can be thought as a game between policymakers on the one side and the people and firms in the economy on the ...
Europe and the United States: On the Fiscal Brink?
Europe and the United States: On the Fiscal Brink?

... in both EU nations and in the United States increased significantly during the recession as governments injected considerable amounts of stimulus funds into stagnating economies. The increase in debt-financed government spending compensated for reduced aggregate demand from a decline in private gros ...
Chapter 13
Chapter 13

... Earnings quality refers to the usefulness of current earnings for predicting future earnings. Earnings quality is high if there is a close relationship between current and future earnings. Earnings quality is low if the relationship between current and future earnings is not close. Managers can lowe ...
test two review problems
test two review problems

... 2. The price of a house is reduced 10% to a new price of $360,000. What was the original ...


... fall-off in public spending as oil revenues contracted. In this situation, private consumption was the main driver of growth, expanding by 3.9%. 2015 is expected to be a difficult year for the country, given an external environment of low oil prices, appreciation of the dollar against the currencies ...
The Point - Fieldpoint Private
The Point - Fieldpoint Private

... financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of wealth management and strategy, family office, ...
Chapter 33 & 34 - WusslersClassroom
Chapter 33 & 34 - WusslersClassroom

... The Fed can control i rates using Expansionary Monetary Policy to bring i rates down This will shift AD curve even farther out, increasing the national deficit The Fed is buying bonds that the gov’t is selling to fund their deficit ◦ Fed creates money from government’s debt ...
EPPE6024: Macroeconomics Lecture 6: Fiscal Policy 6.1
EPPE6024: Macroeconomics Lecture 6: Fiscal Policy 6.1

... H do not view bonds as net wealth if they take into account the fact that taxes in future will have to be raised to service the debt and to repay the principal on the debt. RE depends on the following assumptions: (i)the absence of liquidity constraints on H (i.e. H are able to borrow against expect ...
Report 1 - Foothill College
Report 1 - Foothill College

... working-age people who are not looking for a job back into the workforce than (Policy 2) lowering unemployment to the natural rate of unemployment. Gains should be explained in terms of number of new workers or dollar value of additional output (use example #’s). 3. How could the natural rate of une ...
Fiscal Policy Strategies 15.2
Fiscal Policy Strategies 15.2

... • Restrictive Fiscal Policy—Increases taxes and reduces government spending. • Expansionary Fiscal Policy—Decreases taxes, increases gov’t spending, and usually popular with the people. ...
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Sample Exam 3 Questions
Sample Exam 3 Questions

... Identify the choice that best completes the statement or answers the question. 1. Which of the following would be most likely to cause an increase in current aggregate demand in the United States? a. increased fear that the U.S. economy was going into a recession b. an increase in the real interest ...
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COUNTRY DATA POINTS POWERPOINT

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...  Financial market participants doubt the central bank’s resolve. However, a 25-basis-point increase in the federal funds target rate should not have a major impact. In its July 27 policy statement, the Federal Open Market Committee added a key phrase, “near-term risks to the economic outlook have d ...
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... revenue was 0.2% over budget. Capital expenditure presented the largest reduction relative to budget at 33.7%. From April to September, the overall balance was -0.2% and the primary balance was 6% of GDP. The main challenge facing Jamaica is the debt overhang, which is expected to stand at 130% of G ...
chap5
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... inflation rate and unfortunately, changes in the money supply can be difficult to forecast.  Furthermore, there is a certain amount of money illusion. People think and contract, to some extent, in terms of nominal prices and nominal quantities. As a result, changes in money supply could also have a ...
Trade Agreements - People Search Directory
Trade Agreements - People Search Directory

... Dept issues a $50 billion bond (IOU) to the Social Security Trust Fund (also known as the US Treasury Trust Fund). So the Trust fund holds this bond. There is approximately 2 trillion in this Trust Fund. Picture this stack of IOUs. So what’s the problem? When the Baby Boomers retire, the contributio ...
Macroeconomics
Macroeconomics

... 6. What is a likely explanation for stagflation in previous question? a. productivity has increased b. business taxes have decreased c. prices of raw materials have increased d. government expenditures decreased 7. The headline “The stock market plunge is weighing heavily on both businesses and cons ...
Trinidad and Tobago Trinidad and Tobago`s economy is projected to
Trinidad and Tobago Trinidad and Tobago`s economy is projected to

... d/ A negative rate indicates an appreciation of the currency was a goods trade deficit of an annualized -3.8% of in real terms. Refers to the global real effective exchange rate. GDP, the first negative goods trade balance since e/ Figures as of March. f/ Ordinary savings rate. 1998. The financial a ...
ARM 7-6 Term Sheet
ARM 7-6 Term Sheet

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Demography and Growth in Denmark
Demography and Growth in Denmark

... been born. The development in the fertility rate thus also plays a key role – and in the long term it is the decisive factor. The current problems of pressure on childcare institutions and numbers of pupils per class are to a certain extent temporary problems reflecting the demographic boom in the n ...
censuslookuppopulation
censuslookuppopulation

... 20. Under economic indicators pick three and describe what is happening with them. Based on these how does our economy seem to be doing? ...
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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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