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INFORMATION BULLETIN
INFORMATION BULLETIN

... 2014 Economic Stability Mandate – Key Facts ...
Document
Document

... b. potential output exceeds actual output. c. the output gap is zero. d. actual output exceeds potential output. ...
Presentation: The Impact of the Financial Crisis on Developing Countries [PDF 378.36KB]
Presentation: The Impact of the Financial Crisis on Developing Countries [PDF 378.36KB]

... Immediately responses • Using savings • Borrowing from friends/neighbors Responses that do long-term damage • Pulling children out of school (especially girls) • Reduced nutritional intake (especially girls) • Selling valuable (often productive) assets ...
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Over the business cycle, investment spending ______ consumption

... A tax cut combined with tight money, as was the case in the United States in the early 1980s, should lead to a: a) ...
Subject index, explanation of terms
Subject index, explanation of terms

... The margin that exists for unforeseen expenditure under the expenditure ceiling. During the threeyear period covered by the expenditure ceiling, both socio-economic development and the consequences of previously made decisions differ from what would have been expected. Since the expenditure ceiling ...
Chapter 13
Chapter 13

... A. Social Security is Not A Pension Fund. However, unlike private insurance programs where the individual insured makes payments in to a account for his or her own policy, the money paid into the Social Security program is used to provide benefits for people who have already retired, or who are qual ...
Midterm #3
Midterm #3

... foreigners are discouraged from investing in the United States, which reduces the demand for dollars in the foreign exchange market. B. foreigners are discouraged from investing in the United States, which increases the demand for dollars in the foreign exchange market. C. Americans are encouraged t ...
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Fiscal Policy, Deficits, and Debt

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The Demographic Transition Model

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avoiding ozymandias`s legacy: planning for family
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economics (hons) – sem-ii

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Answer Key for Problem Set 4

... exchange rate. In the long run, as the output will be at the full employment level, there is no need for government to implement any policy. 2. (Chap 17). A new government is elected and announces that once it is inaugurated, it will increase money supply permanently. (a) Use the DD-AA model to stud ...
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Austria: Strategic location for foreign investors

... factor,” says Wright. “Most Austrians put their money into the banks, with a savings rate that is 10 percent and climbing. Deposits receive 2 percent in the current marketplace.” There is a retirement plan available similar to the 401(k) plan in the United States. “You can make your government pensi ...
Dominican_Republic_en.pdf
Dominican_Republic_en.pdf

... central bank. For that purpose, the government issued debt instruments which were structured in such a way that the interest payments would recapitalize the central bank over an estimated ten-year period. As such, the central bank’s quasi-fiscal deficit —equivalent to 1.3% of GDP in 2008— was taken ...
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stimulus spending doesn`t work - Let`s Get Down to Business
stimulus spending doesn`t work - Let`s Get Down to Business

... The effects of tax rates on GDP growth can be analyzed from a time series we've constructed on average marginal income-tax rates from federal and state income taxes and the Social Security payroll tax. Since 1950, the largest declines in the average marginal rate from the federal individual income t ...
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Quiz for Chapters 8-12 - Porterville College Home
Quiz for Chapters 8-12 - Porterville College Home

... Mark your answers on a Scantron and get it to the box at my office door before 12:00 Noon on Friday, May 9. I will post the answers on the web page sometime that afternoon. Because this is a multiple chapter quiz I ended up with 36 questions. The quiz will be worth 35 points, one point per question. ...
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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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