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Why is Inventory Important?
Why is Inventory Important?

... Example 4: Southern Railroad The Southern Railroad Company has been subcontracting for painting of its railroad cars as needed. Management has decided the company might save money by doing the work itself. They are considering two alternatives. Alternative 1 is to provide two paint shops, where pai ...
View Abstract
View Abstract

... between   the   states   and   the   banks   became   a   key   problem   in   preventing   the   resumption  of  economic  growth  (Pisany-­‐Ferry,  2014).     The   essence   of   the   problem   was   that   the   Eurozone   lacked   an ...
Document
Document

... and completions rose in 2015. However, supply still falls short of projected demand. As regards the labour market, the United Kingdom has announced various policies to address skills mismatches by increasing the engagement of employers in the delivery of apprenticeships. This includes increasing the ...
Economic Survey Spring 2016
Economic Survey Spring 2016

... In the immediate future economic activity will be maintained primarily by private consumption and investment. In the medium term potential output growth, which reflects the level of output possible given the resources on hand, will be less than one per cent. The growth outlook for the global economy ...
Who Bequeaths, Who Rules: How the Right to Bequeath Affects
Who Bequeaths, Who Rules: How the Right to Bequeath Affects

... spouses with a greater economic value play a greater role in intrahousehold decision making. The often-mentioned mechanism is that individuals with a greater economic value have direct control over more resources and thus enjoy greater bargaining power within marriage. A corollary of this argument i ...
rebalance - ProFunds
rebalance - ProFunds

... • Volatility. A leveraged or inverse fund based on an index with higher volatility (such as the NASDAQ-100) may require more frequent trades to rebalance than one based on an index with lower volatility (such as the S&P 500). • Percentage Trigger. A larger percentage trigger implies that fewer tra ...
here - Hans-Böckler
here - Hans-Böckler

... Larry Summers in a speech at the IMF on November 8, 2013. 3 The unexpected emergence of stagnation has prompted a search for a theoretical explanation. That search has now converged on the idea of the zero lower bound (ZLB) to nominal interest rates which supposedly obstructs clearing of the loanab ...
EUROPEAN COMMISSION Brussels, 22.2.2017 SWD(2017) 76 final
EUROPEAN COMMISSION Brussels, 22.2.2017 SWD(2017) 76 final

... the public administration and public services. Improving the efficiency and quality of the justice system remains a challenge, despite reduced backlogs. Health outcomes remain below EU average. Although the sector continues to generate arrears, no action has been taken to promote a more sustainable ...
Remittance and migration prospects for the 21st century
Remittance and migration prospects for the 21st century

... from 92 to 211 million between 1960 and 2010 (United Nations, 2014). In addition, the data collected by Artuç et al. (2014) indicate that emigration rates are greater in middle income countries than in the poorest countries of the world. This might be due to financial constraints and partly explains ...
The National Debt
The National Debt

... the nonpartisan, public opinion research group Public Agenda. As baby boomers reach retirement age, those IOUs will come due as Social Security is forced to pay promised benefits. When that happens, the government will have to make some tough choices to cope with the loss of ready cash, he says. Des ...
External Liberalization in Asia, Post-Socialist Europe, and Brazil Lance Taylor
External Liberalization in Asia, Post-Socialist Europe, and Brazil Lance Taylor

... inflation stabilization programs (Brazil and other countries in Latin America). When they removed restrictions on capital movements, most countries received a surge of inflows from abroad. They came in subject to the accounting restriction that an economy’s net foreign asset position (total holdings ...
Access global equities with lower volatility
Access global equities with lower volatility

... performance or losses in domestic and/or global share markets are likely to impact negatively on the overall performance of the Fund. International investment risk: The Fund invests in a range of international securities, and in companies that have exposure to a range of international economies. Glo ...
Macroeconomic Effects from Government Purchases and Taxes
Macroeconomic Effects from Government Purchases and Taxes

... extent of economic slack and reaches 1.0 when the unemployment rate is around 12%. Multipliers for non-defense purchases cannot be reliably estimated because of the lack of good instruments. Since the defense-spending multiplier is typically less than one, greater spending tends to crowd out other c ...
Chapter 27 The Phillips Curve and Expectations Theory 1. The
Chapter 27 The Phillips Curve and Expectations Theory 1. The

... a. was relatively well-defined during the 1960s. b. demonstrates how to achieve stable economic growth. c. shows the trade-off between deficits and inflation. d. helps to stimulate entrepreneurial profits. ANS a. Correct. The Phillips curve was relatively well-defined during the 1960s. b. Incorrect. ...
FINANCIAL RATIOS – REVEAL HOW A BUSINESS IS DOING?
FINANCIAL RATIOS – REVEAL HOW A BUSINESS IS DOING?

... with help of ratios analysis can be revealed profitability, liquidity, activity ratios or financing and debts burden ratios of one company. Financial statement analysis it is an helpful techniques which have no significance only by reading the financial statement, being necessarily to calculate fina ...
How Can the Government Spending Multiplier Be Small at the Zero
How Can the Government Spending Multiplier Be Small at the Zero

... Since the end of 2008, nominal interest rates have moved towards the zero lower bound (ZLB) across major developed economies. As of the beginning of 2015 the Bank of Japan, the Federal Reserve and the European Central Bank are not giving signs that the policy rate will soon be increased. On the cont ...
Understanding the appreciation of the Australian dollar and its policy
Understanding the appreciation of the Australian dollar and its policy

... First, higher inflation has economic costs. Greater uncertainty about future prices hampers longer-term decision-making and leads to higher real interest rates as lenders demand a premium for inflation risk. As interest income is taxed on a nominal basis, higher inflation also discourages saving by ...
From Natural Resources to Human Capital
From Natural Resources to Human Capital

... However, the Myanmar Government does provide estimates of the total amount of jade produced, which has more than quadrupled in the last nine years from under 11 million kilograms in 2003 to almost 44 million kilograms in 2011. Most of the jade is sold at auctions, which in recent years have earned b ...
Current Account
Current Account

... 32. If the exchange rate is currently E3, the dollar will: a. appreciate as the market moves towards equilibrium. b. depreciate as the market moves towards equilibrium. c. be more valuable as the market moves towards equilibrium. d. will remain unchanged in value as the market moves towards equilibr ...
Economic Fluctuations, Unemployment, and Inflation
Economic Fluctuations, Unemployment, and Inflation

... • Between 1956 and 1965, the general price level increased at an average annual rate of only 1.6%. • In contrast, the inflation rate averaged 9.2% from 1973 to 1981, reaching double-digits during several years. • Since 1982, the average rate of inflation has been lower (3.1% from 1983-2009) and more ...
Financing of Public Good by Taxation in a General Equilibrium
Financing of Public Good by Taxation in a General Equilibrium

... Public good (PG) that benfits everybody. Financed through tax (or voluntary contribution) on income. Government buys private good from tax collected and produces public good. The production of public good is added to its stock which depreciates over time at a given rate. ...
Monetary Policy - Vincent Hogan's Blog | Vincent's Blog on
Monetary Policy - Vincent Hogan's Blog | Vincent's Blog on

... • Allows us to look at the effect of policy over time • Suppose start at A – NAIRU=6, and zero inflation ...
From the impossible monetary trinity towards economic depression*
From the impossible monetary trinity towards economic depression*

... payments and fiscal deficit in the context of liberalized systems of capital flows with mainly stabile and appreciated exchange rate and their impact on the dynamics of growth of transition economies of Central and Eastern Europe with special retrospect to Croatia. In the research we used a classica ...
Answers to the Questions in the Chapters
Answers to the Questions in the Chapters

... “Capital goods” are goods produced by people to be used as part of production, such as machines, tools, equipment, and so forth. The workweek of the average American worker is about 25 hours less than it was a century ago. People are enjoying more leisure time. Because leisure time is not counted as ...
Official PDF , 73 pages
Official PDF , 73 pages

... This paper, prepared in part as a background study for the Bank's Peport on Adjustment Lending, reviews the experience with pubic finance issues under adjustment programs. This experience shows that fiscal changes are often triggered by budget and balance of payment crises. As a result, short-term c ...
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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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