Fact Sheet 9: Glossary of terms
... An act of giving capital to a failing company in order to save it from bankruptcy, insolvency or total liquidation and ruin. Credit Crunch The situation that was created when banks hugely reduced their lending to each other because they were uncertain about how much money they had. This in turn resu ...
... An act of giving capital to a failing company in order to save it from bankruptcy, insolvency or total liquidation and ruin. Credit Crunch The situation that was created when banks hugely reduced their lending to each other because they were uncertain about how much money they had. This in turn resu ...
Adjusting to Global Change
... and then around 3 percent after that • New Deal deficit finance seemed to work – unemployment started down from more than 25% in 1933 to 15% by 1940 • Levine suggests it took WWII to get us out of depression – controversial, Marxian explanation • Remember from Deutsche Bank paper, the Austrians expl ...
... and then around 3 percent after that • New Deal deficit finance seemed to work – unemployment started down from more than 25% in 1933 to 15% by 1940 • Levine suggests it took WWII to get us out of depression – controversial, Marxian explanation • Remember from Deutsche Bank paper, the Austrians expl ...
weekly article inflation
... This article talks about the overall inflation in the US, even with the considerable drop in gas prices. Inflation has picked up in October of 2014, especially noticeable in items like automobiles, pork, beef, pharmaceuticals, and electric power. Prices in items like pork have risen 8.1%. This is al ...
... This article talks about the overall inflation in the US, even with the considerable drop in gas prices. Inflation has picked up in October of 2014, especially noticeable in items like automobiles, pork, beef, pharmaceuticals, and electric power. Prices in items like pork have risen 8.1%. This is al ...
GDP Review
... • The Great Depression taught economists that they needed some way of tracking the nation’s economy. • By tracking the nation’s economy, economists could determine if the economy was in danger of a recession or a depression and could try to apply economic policies to ...
... • The Great Depression taught economists that they needed some way of tracking the nation’s economy. • By tracking the nation’s economy, economists could determine if the economy was in danger of a recession or a depression and could try to apply economic policies to ...
Current Issues In Economics
... • Sometimes the economy grows so fast that inflation drives up prices • Sometimes the economy slows down in a recession with rising unemployment ...
... • Sometimes the economy grows so fast that inflation drives up prices • Sometimes the economy slows down in a recession with rising unemployment ...
How do we mea sure economic activity
... measure inflation. So if the cost of food, gas, and health care increase faster than nonessentials measured by the PI, then the reported inflation rate will be much lower than actual cost-of-living increase ...
... measure inflation. So if the cost of food, gas, and health care increase faster than nonessentials measured by the PI, then the reported inflation rate will be much lower than actual cost-of-living increase ...
Lecture 21
... • DJ and S&P barely recover, Nasdaq never (yet) • No Banking Collapse because banks don’t own stock---stocks widely held, decline in wealth causes consumption to fall • But huge losses ($1.7 trillion) barely slow continued growth • Recession: March 2001-November 2001 • Economy recovers and grows qui ...
... • DJ and S&P barely recover, Nasdaq never (yet) • No Banking Collapse because banks don’t own stock---stocks widely held, decline in wealth causes consumption to fall • But huge losses ($1.7 trillion) barely slow continued growth • Recession: March 2001-November 2001 • Economy recovers and grows qui ...
Economic Stability - Cameron Economics
... policy. Reducing the money supply and raising interest rates during a boom would slow down the investment during the boom and then increasing the money supply and raising interest rates would increase investment during the bust and reduce the negative impacts of unemployment as the economy got back ...
... policy. Reducing the money supply and raising interest rates during a boom would slow down the investment during the boom and then increasing the money supply and raising interest rates would increase investment during the bust and reduce the negative impacts of unemployment as the economy got back ...
Identify the factors of production and why they are necessary for the
... Standard 1 Understand the fundamental concepts relevant to the development of a market economy SS.912.E.1.12 Examine the four phases of the business cycle (peak, contraction unemployment, trough, expansion inflation) ...
... Standard 1 Understand the fundamental concepts relevant to the development of a market economy SS.912.E.1.12 Examine the four phases of the business cycle (peak, contraction unemployment, trough, expansion inflation) ...
ECON 161 Professor Lowenberg Office: JH 4238 Phone: 818
... resources called factors of production. The suppliers of the factors of production are paid factor income. There are four factors of production and corresponding to each is a factor payment: ...
... resources called factors of production. The suppliers of the factors of production are paid factor income. There are four factors of production and corresponding to each is a factor payment: ...
APMACROECONOMICSTopicOutline
... 4. Real versus nominal gross domestic product B. Inflation measurement and adjustment 1. Price indices 2. Nominal and real values 3. Costs of inflation C. Unemployment 1. Definition and measurement 2. Types of unemployment 3. Natural rate of unemployment III. National Income and Price Determination. ...
... 4. Real versus nominal gross domestic product B. Inflation measurement and adjustment 1. Price indices 2. Nominal and real values 3. Costs of inflation C. Unemployment 1. Definition and measurement 2. Types of unemployment 3. Natural rate of unemployment III. National Income and Price Determination. ...
Transportation, Market, and Industrial Revolutions and Panic of
... Constructed British spinning mill with financial support of Moses Brown Soon shared mills with Brown all over Rhode Island and Massachusetts ...
... Constructed British spinning mill with financial support of Moses Brown Soon shared mills with Brown all over Rhode Island and Massachusetts ...
Vitalice Meja
... comparative basis over the last 6 years. • Despite the acceleration of economic growth in Africa over the past decade, Africans’ welfare has generally failed to improve • Social indicators have picked up only modestly, unemployment, particularly among youth, remain high, while income inequalities ha ...
... comparative basis over the last 6 years. • Despite the acceleration of economic growth in Africa over the past decade, Africans’ welfare has generally failed to improve • Social indicators have picked up only modestly, unemployment, particularly among youth, remain high, while income inequalities ha ...
GHSGT_Review_-_Economics
... which a nation’s total output of goods and services increases Recession – a decline in the nation’s total output of goods and services for two or more quarters Depression – a severe recession where the economy experiences large numbers of unemployed and general economic hardship ...
... which a nation’s total output of goods and services increases Recession – a decline in the nation’s total output of goods and services for two or more quarters Depression – a severe recession where the economy experiences large numbers of unemployed and general economic hardship ...
Gross Domestic Product
... Business Cycles A business cycle consists of successive periods of improvement and decline in a macroeconomy. Policymakers study business cycles to try to predict declines, lessen their effects, and speed economic recovery. ...
... Business Cycles A business cycle consists of successive periods of improvement and decline in a macroeconomy. Policymakers study business cycles to try to predict declines, lessen their effects, and speed economic recovery. ...
Of Prancing Horses and Un
... convergence at lower cost in current consumption – Rational expectations ensure stability – Competition empowers rational expectations ...
... convergence at lower cost in current consumption – Rational expectations ensure stability – Competition empowers rational expectations ...
Papua New Guinea
... Economy decelerated from 6.7% in 2008 to 4.5% in 2009. Damage on PNG economy is milder than on other Pacific island countries due to healthy foreign exchange reserves and domestic bank liquidity resulting from the commodity boom years. Moderate economic growth in 2009 (4.5%) was supported by o Gover ...
... Economy decelerated from 6.7% in 2008 to 4.5% in 2009. Damage on PNG economy is milder than on other Pacific island countries due to healthy foreign exchange reserves and domestic bank liquidity resulting from the commodity boom years. Moderate economic growth in 2009 (4.5%) was supported by o Gover ...
Options for Organizing Small and Large Businesses
... Prosperity—High consumer confidence, businesses expanding Recession—Cyclical economic contraction lasting for six months or longer Depression—Extended recession Recovery—Declining unemployment, increasing business activity ...
... Prosperity—High consumer confidence, businesses expanding Recession—Cyclical economic contraction lasting for six months or longer Depression—Extended recession Recovery—Declining unemployment, increasing business activity ...
EOCT Study Guide
... produced in a calendar year. Economic Growth – an increase in real output as measured by real GDP or per capita real GDP Unemployment – the number of people in the civilian workforce over the age of 16 without jobs who are actively seeking work. Consumer Price Index (CPI) – a price index that measur ...
... produced in a calendar year. Economic Growth – an increase in real output as measured by real GDP or per capita real GDP Unemployment – the number of people in the civilian workforce over the age of 16 without jobs who are actively seeking work. Consumer Price Index (CPI) – a price index that measur ...
Macroeconomics.ppt
... Trough – lowest point in contraction, real GDP stops falling. Expansion – growth, rise in real GDP, increased employment and income. ...
... Trough – lowest point in contraction, real GDP stops falling. Expansion – growth, rise in real GDP, increased employment and income. ...
Cuba_en.pdf
... future. Full diplomatic relations were also re-established with Mexico in 2008, which is expected to lead to an increase in bilateral economic relations. The economic growth rate (4.3%) fell short of both the figure for 2007 (7.3%) and the authorities’ initial estimate for the year (8%). This perfor ...
... future. Full diplomatic relations were also re-established with Mexico in 2008, which is expected to lead to an increase in bilateral economic relations. The economic growth rate (4.3%) fell short of both the figure for 2007 (7.3%) and the authorities’ initial estimate for the year (8%). This perfor ...
PowerPoint on US Economy: used in presentation with group where
... http://www.usatoday.com/money/economy/story/Jobs-Forecast-2011/34083932/1 ...
... http://www.usatoday.com/money/economy/story/Jobs-Forecast-2011/34083932/1 ...
Ch_ 22_ sec_1 - Pequannock Township High School
... • People try to withdraw money from Banks • Banks had invested most money in Stock Market • In 1929 600 banks close • By 1933 11,000 of the 25,000 banks had closed ...
... • People try to withdraw money from Banks • Banks had invested most money in Stock Market • In 1929 600 banks close • By 1933 11,000 of the 25,000 banks had closed ...
Long Depression
The Long Depression was a worldwide price recession, beginning in 1873 and running through the spring of 1879. It was the most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. The episode was labeled the ""Great Depression"" at the time, and it held that designation until the Great Depression of the 1930s. Though a period of general deflation and a general contraction, it did not have the severe economic retrogression of the Great Depression.It was most notable in Western Europe and North America, at least in part because reliable data from the period are most readily available in those parts of the world. The United Kingdom is often considered to have been the hardest hit; during this period it lost some of its large industrial lead over the economies of Continental Europe. While it was occurring, the view was prominent that the economy of the United Kingdom had been in continuous depression from 1873 to as late as 1896 and some texts refer to the period as the Great Depression of 1873–96.In the United States, economists typically refer to the Long Depression as the Depression of 1873–79, kicked off by the Panic of 1873, and followed by the Panic of 1893, book-ending the entire period of the wider Long Depression. The National Bureau of Economic Research dates the contraction following the panic as lasting from October 1873 to March 1879. At 65 months, it is the longest-lasting contraction identified by the NBER, eclipsing the Great Depression's 43 months of contraction.In the US, from 1873–1879, 18,000 businesses went bankrupt, including 89 railroads. Ten states and hundreds of banks went bankrupt. Unemployment peaked in 1878, long after the panic ended. Different sources peg the peak unemployment rate anywhere from 8.25% to 14%.