The US has recently reached the lowest unemployment rate： 4.5%. In this article‚ the author provided different aspects of US’s low unemployment rate and the result of such a low unemployment rate. Comparing to the unemployment rate (10%) after 2008’s recession‚ US is now reaching a relatively low unemployment rate. A low unemployment rate is one of the four macroeconomic objectives that economists always want their nations to achieve. Unemployment is simply defined as the state of being out of
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Fiscal & Monetary Policy Given the Current Macroeconomic Situation in the United States DeVry University Economics Instructor: Professor Bergan June 16‚ 2013 The macroeconomic situation in the United States can be determined by looking at what part of the business cycle the economy currently falls within. According to McConnell‚ Brue & Flynn (2012) “Business cycles are alternating rises and declines in the level of economic activity‚ sometime over several years” (p. 527). A typical business cycle
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a president who is both head of state and head of government. The president is limited to one 6-year term in office. A bicameral legislature made up of an upper house‚ the Senate‚ and a lower house‚ the House of Representatives‚ makes laws. Senators serve for six years‚ representatives for three. The highest court is the Supreme Court‚ made up of a Chief Justice and fourteen associates. The current president of the Philippines is Benigno "Noy-noy" Aquino. The Philippines has a population
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The economic situation in Italy 2009 Krisztián Pásztor 5/12/2011 The Economic profile of Itlay Since the II World War Italy has transformed form an agrecurtural society into a world industrial power. The industry is driven by the large state-owned firms and by the large number of family owned businesses. It has the seventh largest economy in the world and the fourth largest in Europe. It is part of the European Union and member of the G8 industrialised nations. The country has a high standard
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Twenty years ago this weekend‚ three top Indian officials burned the midnight oil tearing up old import controls and preparing a package of economic reforms that would slowly lead to the booming India that is widely admired today‚ with growth of 8-9%‚ 300-350m people enjoying the benefits of a consumer economy‚ and businessmen operating internationally.But India seems to be in no mood to celebrate that momentous event‚ just as it wasn’t at India’s 50th anniversary of independence in 1997 when the
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CURRENT MACROECONOMIC SITUATION AND FORECAST - iTALY (Seminar work) In view of current economic situation in European Union I choose for my seminar work Italy‚ which is one of the most affected countries by financial crisis. Coupled with three more southern European states that are known by term PIGS. First time became this unflattering term in 1990s as name of countries with similar economic environments and it originally referred to the economies of Portugal‚ Italy‚ Greece and Spain
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ECONOMICS PROJECT REPORT ON INTEREST RATES AND INDUSTRIAL GROWTH (2009-10 to 2011-12) Submitted By: Mohana Goel (12DM077) Mohit Bhola (12DM078) Nidhi Dalal (12DM090) Nishant Raj (12DM097) Nishtha Chugh (12DM098) Piyush Chib (12DM102) CONTENTS 1. INDIAN ECONOMY:Overview 2. INTEREST RATES 3.1. MEANING 3.2. REAL vs NOMINAL INTERST RATES 3.3. TYPES OF INTEREST RATES 3.4. EFFECT OF INTEREST RATE RISE 3. MONETARY POLICY 4.5. MEANING 4
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CURRENT SITUATION OF INDIAN’S ECONOMY DUE TO INFLATION India’s inflation could accelerate in the current fiscal year due to the rupee’s sharp depreciation‚ said the Reserve Bank of India (RBI). The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 percent so far this year despite efforts by policymakers to prop it up. "The pass-through of the depreciation of the rupee exchange rate by about 11 percent in the four months of 2013-14 is incomplete and will put upward
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CURRENT MARKETING SITUATION OF TH TRUE MILK TH‚ founded about 4 years ago by an entrepreneur with desire to forge a new path and a profound mission. TH Corporation has many commonplace products such as TH true Fresh Milk‚ TH true Yogurt… The main product line of the corporation – TH true Fresh Milk – is very liked because of its differentiation: it’s totally pure‚ produced with the latest modern production line. Competition is therefore more intense even as industry consolidation continues and pricing
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EFFECT OF INTEREST RATE ON FOREIGHN EXCHANGE RATE (EVIDENCE FROM ASIAN REGION) ABSTRACT: In this article we investigate the impact of a change in U.S. short term interest rates relative to those in some Asian countries like Bangladesh‚ Thailand‚ Japan‚ Pakistan‚ and China on the bilateral foreign exchange rates between the U.S dollar and each country’s currency. Several factors determine the exchange rate of a country. A higher currency makes a country’s exports more expensive and imports cheaper
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