... previous year, as hydrocarbons revenues —which made up roughly one third of total revenues in 2014— dropped 23%. Tax revenues registered a slight increase (3.7%), hindered by slow growth (0.7%) in corporate tax receipts. However, the value added tax and the transactions tax registered growth —of 7.2 ...
Azariadis_ppt
... A meltdown in the making: GDP falls by 50% Can we avoid a humanitarian crisis? The looming tragedy: Sophocles vs the economists ...
... A meltdown in the making: GDP falls by 50% Can we avoid a humanitarian crisis? The looming tragedy: Sophocles vs the economists ...
Gora - Solidarity versus Free Market ENG
... In non- universal schemes we assume free choice. However, it would be really free if the decision was individually taken in all bullets (above). That can be achieved only in regular savings outside of any institutional arrangements related to pensions. In voluntary pension schemes there are various ...
... In non- universal schemes we assume free choice. However, it would be really free if the decision was individually taken in all bullets (above). That can be achieved only in regular savings outside of any institutional arrangements related to pensions. In voluntary pension schemes there are various ...
PDF, 45 KB
... consumption will not be so great that there will be an absolute decline in consumer spending over the year as a whole. In light of high government deficits, many had long expected an increase in taxes, which contributed to the weakness in consumption and the rise in the savings rate in recent years. ...
... consumption will not be so great that there will be an absolute decline in consumer spending over the year as a whole. In light of high government deficits, many had long expected an increase in taxes, which contributed to the weakness in consumption and the rise in the savings rate in recent years. ...
hands off the gst! - Institute for Research on Public Policy
... muse publicly about reducing the level of the muchhated goods and services tax. The proposal seems to make great political sense: The GST was the visible replacement of a previously invisible manufacturer’s sales tax, and it came to symbolize the rapid build-up in taxes that Canadians have railed ab ...
... muse publicly about reducing the level of the muchhated goods and services tax. The proposal seems to make great political sense: The GST was the visible replacement of a previously invisible manufacturer’s sales tax, and it came to symbolize the rapid build-up in taxes that Canadians have railed ab ...
Econ 306
... Interest rate on 1-year dollar denominated bonds: 5% Interest rate on 1-year euro denominated bonds: 4% a. Is the dollar at a forward premium or discount? b. Should a US investor make a covered investment in euro-denominated bonds? Explain why? c. If the covered interest parity holds, what should be ...
... Interest rate on 1-year dollar denominated bonds: 5% Interest rate on 1-year euro denominated bonds: 4% a. Is the dollar at a forward premium or discount? b. Should a US investor make a covered investment in euro-denominated bonds? Explain why? c. If the covered interest parity holds, what should be ...
Presentation - WordPress.com
... Long term projections re: global food demand; food price hikes 2008, concerns about food security Land acquisitions in Africa, South East Asia, Central Asia as policy and market reaction Some governments promote acquisitions overseas - food ...
... Long term projections re: global food demand; food price hikes 2008, concerns about food security Land acquisitions in Africa, South East Asia, Central Asia as policy and market reaction Some governments promote acquisitions overseas - food ...
Economics 203/Quiz 5
... a. about 1 per country per decade b. about 2 per country per 30 years c. about 3 per country per 100 years d. about 10 per country per 100 years 12. A problem with generating desired results from “countercyclical” fiscal policy stimulus is that a. increases in the money supply may lead to higher inf ...
... a. about 1 per country per decade b. about 2 per country per 30 years c. about 3 per country per 100 years d. about 10 per country per 100 years 12. A problem with generating desired results from “countercyclical” fiscal policy stimulus is that a. increases in the money supply may lead to higher inf ...
Bahamas_en.pdf
... The balance-of-payments current account deficit is projected to expand from over 10.5% of GDP in 2010 to 12.9% of GDP in 2011. The weakening current account reflects the rebound in imports, following import compression due to stagnant growth in 2010. The full year result will reflect that of the fir ...
... The balance-of-payments current account deficit is projected to expand from over 10.5% of GDP in 2010 to 12.9% of GDP in 2011. The weakening current account reflects the rebound in imports, following import compression due to stagnant growth in 2010. The full year result will reflect that of the fir ...
... 4.262 billion soles turned into a deficit of 6.688 billion soles. Current revenues contracted by 7.2% during this time, and current expenditure swelled by 6.5%, as a result of goods and services purchases and, to a lesser extent, higher spending on wages, which increased by 5.6%. Lower revenues from ...
– 20 No: 2013 Release Date: 16 May 2013
... Recent data suggest that domestic and external demand are evolving in line with expectations. Domestic demand follows a healthy recovery while exports slow down due to weak global economic activity. The current policy framework and the decline in commodity prices limit the impact of the increasing e ...
... Recent data suggest that domestic and external demand are evolving in line with expectations. Domestic demand follows a healthy recovery while exports slow down due to weak global economic activity. The current policy framework and the decline in commodity prices limit the impact of the increasing e ...
Macroeconomic
... What are the tasks of stabilization policy? What are the instruments of stabilization policy? How has “internationalization” affected domestic stabilization policy? Chapter 2 What is the difference between stock and a flow? What transactions are included in GDP? How does GDP differ from GNP? What ar ...
... What are the tasks of stabilization policy? What are the instruments of stabilization policy? How has “internationalization” affected domestic stabilization policy? Chapter 2 What is the difference between stock and a flow? What transactions are included in GDP? How does GDP differ from GNP? What ar ...
Note: Solve this test. In a separate sheet, explain very briefly your
... c) For the classics, following the quantity equation of money with V = constant, inflation is primarily due to an increase in money supply over the production growth. d) Inflation has different effects depending on whether it is expected or unexpected. Some economists ar ...
... c) For the classics, following the quantity equation of money with V = constant, inflation is primarily due to an increase in money supply over the production growth. d) Inflation has different effects depending on whether it is expected or unexpected. Some economists ar ...
ECON 3560/5040 Homework #3 (Answers)
... (2) [12 points] Classical Model Assume that RGDP (Y ) is 6,000. Consumption (C) is given by the equation C = 600 + 0.6(Y − T ). Investment (I) is given by the equation I = 2, 000 − 100r, where r is the real interest rate in percent. Taxes (T ) are 500 and government spending (G) is 500 (a) [3 point ...
... (2) [12 points] Classical Model Assume that RGDP (Y ) is 6,000. Consumption (C) is given by the equation C = 600 + 0.6(Y − T ). Investment (I) is given by the equation I = 2, 000 − 100r, where r is the real interest rate in percent. Taxes (T ) are 500 and government spending (G) is 500 (a) [3 point ...
Population ageing systems in and pension Latin America
... This paper will examine the effects of population ageing on the medium- and long-term evolution of pension systems in Latin America and the Caribbean. It is organized into six sections. After the introductory section, section II provides information on ageing and pension system trends in the Latin A ...
... This paper will examine the effects of population ageing on the medium- and long-term evolution of pension systems in Latin America and the Caribbean. It is organized into six sections. After the introductory section, section II provides information on ageing and pension system trends in the Latin A ...
Practice Test - MDC Faculty Web Pages
... 40. Suppose while households are deciding to increase saving, the demand by firms for investment funds falls. In the market for loanable funds the real interest rate will ___ and the quantity of loanable funds will _____. A) rise; fall B) rise; rise C) fall; rise, fall, or stay the same D) rise, fal ...
... 40. Suppose while households are deciding to increase saving, the demand by firms for investment funds falls. In the market for loanable funds the real interest rate will ___ and the quantity of loanable funds will _____. A) rise; fall B) rise; rise C) fall; rise, fall, or stay the same D) rise, fal ...
PSET 7 Solutions 1. For 2016:4–2022:4 (the forecast period
... acts like a shift up in the Fed rule, which contracts spending and aggregate demand. GDP falls relative to the baseline, leading to a rise in the unemployment rate. The contraction in AD results in a fall in the price level, GDPD, relative to baseline. As the interest that the government must pay on ...
... acts like a shift up in the Fed rule, which contracts spending and aggregate demand. GDP falls relative to the baseline, leading to a rise in the unemployment rate. The contraction in AD results in a fall in the price level, GDPD, relative to baseline. As the interest that the government must pay on ...
ratio rises
... Resources are limited Resources are necessary for production (output ƒ resources) Disasters increase resource scarcity (disasters destroy land, labor &/or capital) Output must be lower than it would have been had the disaster not occurred ...
... Resources are limited Resources are necessary for production (output ƒ resources) Disasters increase resource scarcity (disasters destroy land, labor &/or capital) Output must be lower than it would have been had the disaster not occurred ...
2-1-2 Key Macroeconomic Concepts - Student
... 7. What exchange rate would you like with the US dollar if you were a Canadian traveller to the US? 8. What exchange rate would you like with the Canadian dollar if you were an American tourist travelling in Canada? 9. What are the two most common types of exchange rate systems? Explain each type of ...
... 7. What exchange rate would you like with the US dollar if you were a Canadian traveller to the US? 8. What exchange rate would you like with the Canadian dollar if you were an American tourist travelling in Canada? 9. What are the two most common types of exchange rate systems? Explain each type of ...
Turnover Ratio
... It measure how rapidly receivables are collected. It supplements the information regarding the liquidity of one item of current assets of the firm. ...
... It measure how rapidly receivables are collected. It supplements the information regarding the liquidity of one item of current assets of the firm. ...
Are Businesses Ready To Deal With A Rise In Interest
... 1. Concerns over business preparations in advance of higher rates ICAEW research finds that more than half of those who think an interest rate rise will have a negative impact on their bottom-line are not considering any pre-cautionary measures to hedge against it. There are a large number of new bu ...
... 1. Concerns over business preparations in advance of higher rates ICAEW research finds that more than half of those who think an interest rate rise will have a negative impact on their bottom-line are not considering any pre-cautionary measures to hedge against it. There are a large number of new bu ...