Economic Indicators
... It is an index measuring the average price of consumer goods and services purchased by households. A percentage change in the CPI is a measure of inflation. This is also a very prominent and well accepted indicator. It is measured by considering the costs of a bundle of goods that includes food stuf ...
... It is an index measuring the average price of consumer goods and services purchased by households. A percentage change in the CPI is a measure of inflation. This is also a very prominent and well accepted indicator. It is measured by considering the costs of a bundle of goods that includes food stuf ...
PDF
... negative shocks that have occurred recently: In addition to the restrictive fiscal policy of last year, these were was particularly the strong revaluation of the euro, the massive rise in oil and food prices as well as the impact of the US real-estate crisis. Apparently the German economy has becom ...
... negative shocks that have occurred recently: In addition to the restrictive fiscal policy of last year, these were was particularly the strong revaluation of the euro, the massive rise in oil and food prices as well as the impact of the US real-estate crisis. Apparently the German economy has becom ...
Guatemala_en.pdf
... Up to September 2007, total government revenue in real terms rose by 9% (compared with 11% in 2006), boosted by economic growth. In real terms, current expenditure increased by 8% and capital expenditure by 17%. Particularly significant was the growth of physical investment as a result of new public ...
... Up to September 2007, total government revenue in real terms rose by 9% (compared with 11% in 2006), boosted by economic growth. In real terms, current expenditure increased by 8% and capital expenditure by 17%. Particularly significant was the growth of physical investment as a result of new public ...
Goal 9 Study Guide
... Who makes up the civilian labor force? What is the personal impact of unemployment? Why would the government use fiscal policy to cut taxes? Why would the government use fiscal policy to increase spending? What happens to the value of money during inflation? During expansion, what happens to the une ...
... Who makes up the civilian labor force? What is the personal impact of unemployment? Why would the government use fiscal policy to cut taxes? Why would the government use fiscal policy to increase spending? What happens to the value of money during inflation? During expansion, what happens to the une ...
Venezuela_en.pdf
... although the effect was less pronounced than in previous years. In the first quarter of 2009, the public sector (narrowly defined) had an overall deficit equivalent to 0.9% of annual GDP. The sector’s revenue declined by the equivalent of 3.8% of GDP, year-on-year, while outlays (including lending) ...
... although the effect was less pronounced than in previous years. In the first quarter of 2009, the public sector (narrowly defined) had an overall deficit equivalent to 0.9% of annual GDP. The sector’s revenue declined by the equivalent of 3.8% of GDP, year-on-year, while outlays (including lending) ...
Presentation to the Bishop Ranch Forum San Ramon, California
... house prices were about 70 percent overvalued at their peak in 2006. Since then, of course, house prices have plunged—by about 30 percent nationwide, and even more in places such as Las Vegas, Phoenix, and Florida. As prices tumbled, many borrowers behaved exactly the way you would expect—they stopp ...
... house prices were about 70 percent overvalued at their peak in 2006. Since then, of course, house prices have plunged—by about 30 percent nationwide, and even more in places such as Las Vegas, Phoenix, and Florida. As prices tumbled, many borrowers behaved exactly the way you would expect—they stopp ...
Ch 17 Economic Policy
... voters’ evaluation of the president. – Republicans worry about inflation. – Democrats stress importance of unemployment. ...
... voters’ evaluation of the president. – Republicans worry about inflation. – Democrats stress importance of unemployment. ...
Barbados_en.pdf
... The government’s ongoing fiscal consolidation programme has begun to yield gains. As of the end of September 2014, the fiscal deficit stood at 8% of GDP, a 1.8 percentage point contraction from the previous year. However, tax revenue remained quite flat, expanding by a mere 0.1% year on year, for th ...
... The government’s ongoing fiscal consolidation programme has begun to yield gains. As of the end of September 2014, the fiscal deficit stood at 8% of GDP, a 1.8 percentage point contraction from the previous year. However, tax revenue remained quite flat, expanding by a mere 0.1% year on year, for th ...
Ch. 13: Unemployment Ppt
... difficult to know for sure where we are on the business cycle difficult to know what type of policy is most correct 1. recognition lag – time between onset of recession and knowing it has started 2. decision lag – time needed to decide which policy is most correct 3. implementation lag – time need ...
... difficult to know for sure where we are on the business cycle difficult to know what type of policy is most correct 1. recognition lag – time between onset of recession and knowing it has started 2. decision lag – time needed to decide which policy is most correct 3. implementation lag – time need ...
OECD Economic Outlook 85 projections to end-2010
... – Financial institutions left with bad loans and assets; lack of confidence in counter parties – Businesses cut capital spending as financial conditions tighten and uncertainty mounts – Households reduce consumption in response to falling wealth ...
... – Financial institutions left with bad loans and assets; lack of confidence in counter parties – Businesses cut capital spending as financial conditions tighten and uncertainty mounts – Households reduce consumption in response to falling wealth ...
Phases of the Business Cycle Detailed Powerpoint
... sustained upward trend in aggregate output per person over several decades. A country can achieve a permanent increase in the standard of living of its citizens only through long-run growth. So a central concern of macroeconomics is what determines long-run growth. ...
... sustained upward trend in aggregate output per person over several decades. A country can achieve a permanent increase in the standard of living of its citizens only through long-run growth. So a central concern of macroeconomics is what determines long-run growth. ...
The Root Beer Game Debrief
... Why does the economy fluctuate? •Retailer and Producers send misleading information about consumer demand. •Advances in tech, productivity, or resources. •Outside influences (wars, supply shocks, panic). Who cares? •Macroeconomics measures these fluctuations and guides policies to keep the economy s ...
... Why does the economy fluctuate? •Retailer and Producers send misleading information about consumer demand. •Advances in tech, productivity, or resources. •Outside influences (wars, supply shocks, panic). Who cares? •Macroeconomics measures these fluctuations and guides policies to keep the economy s ...
The Root Beer Game Debrief
... Why does the economy fluctuate? •Retailer and Producers send misleading information about consumer demand. •Advances in tech, productivity, or resources. •Outside influences (wars, supply shocks, panic). Who cares? •Macroeconomics measures these fluctuations and guides policies to keep the economy s ...
... Why does the economy fluctuate? •Retailer and Producers send misleading information about consumer demand. •Advances in tech, productivity, or resources. •Outside influences (wars, supply shocks, panic). Who cares? •Macroeconomics measures these fluctuations and guides policies to keep the economy s ...
the fed, fiscal, monetary policy, keynes
... Portability, Divisibility, Uniformity, Limited Supply and Acceptability. How does it compare to the dollar? 5. What was the main difference between the philosophies of Adam Smith and John Meynard Keynes? **Did anyone check the stocks this morning? ...
... Portability, Divisibility, Uniformity, Limited Supply and Acceptability. How does it compare to the dollar? 5. What was the main difference between the philosophies of Adam Smith and John Meynard Keynes? **Did anyone check the stocks this morning? ...
Economics Assessment Matching: Board of Governors A. Consists of
... A term that refers to spending based on the government’s prior legal commitments—this type of spending occurs each year without specific appropriation. Major examples include payments on the national debt, current payments under contracts the government signed in the past, and benefits, such as Soci ...
... A term that refers to spending based on the government’s prior legal commitments—this type of spending occurs each year without specific appropriation. Major examples include payments on the national debt, current payments under contracts the government signed in the past, and benefits, such as Soci ...
Monetary Policy
... For those who pay interest as an expense, a rise in interest rates reduces spending and a fall in interest rates increases spending. For those who earn interest as income, a rise in interest rates increases spending, while decline will reduce spending. The Federal Funds Rate The Federal Funds Rate i ...
... For those who pay interest as an expense, a rise in interest rates reduces spending and a fall in interest rates increases spending. For those who earn interest as income, a rise in interest rates increases spending, while decline will reduce spending. The Federal Funds Rate The Federal Funds Rate i ...
Unit 5 Measuring Performance
... Depression – a recession that is especially long and severe Durable Goods – good that last for a relatively long time, such as refrigerators, cars, and DVD players Full Employment – the level of employment reached when there is no cyclical unemployment ...
... Depression – a recession that is especially long and severe Durable Goods – good that last for a relatively long time, such as refrigerators, cars, and DVD players Full Employment – the level of employment reached when there is no cyclical unemployment ...
Short run - TerpConnect
... Many prices are “sticky” at a predetermined level. The economy behaves much differently when prices are sticky. ...
... Many prices are “sticky” at a predetermined level. The economy behaves much differently when prices are sticky. ...
Costa_Rica_en.pdf
... Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of official figures. a Preliminary estimates. b Twelve-month variation to October 2009. c Average wages reported by workers covered by social security. d Estimate based on data from January to September. e Twe ...
... Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of official figures. a Preliminary estimates. b Twelve-month variation to October 2009. c Average wages reported by workers covered by social security. d Estimate based on data from January to September. e Twe ...
Early 1980s recession
The early 1980s recession describes the severe global economic recession affecting much of the developed world in the late 1970s and early 1980s. The United States and Japan exited the recession relatively early, but high unemployment would continue to affect other OECD nations through to at least 1985. Long-term effects of the recession contributed to the Latin American debt crisis, the savings and loans crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.