Calculate nominal GDP‚ real GDP‚ and GDP Deflator for each year (Use 2005 as the base year). b. By what percentage do nominal GDP and Real GDP rise from one year to the next? c. Calculate the rate of inflation between 2005 and 2006? Answer: a. Year 2005 2006 Nominal GDP $200 $600 Real GDP 200 400 GDP Deflator 100 150 b. Percentage change in Nominal GDP(2005-6) = 600-200 x 100 = 200% 200 Percentage change in Real GDP(2005-6) = 400-200
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perception of low-cost travel‚ giving rise to a diverse cross-section of passengers. The AirAsia chief executive says: "We show that low-cost does not mean low class. In the Jakarta-Kuala Lumpur flight‚ you’ll find women with diamonds sitting beside maids. You could not see that before. That shows we’re reaching everyone." 1) Geographic characteristics The geographic characteristics of the target market of AirAsia are within the Australasian region. Attract people from Australia who wish to visit the
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Part 2 1.0 Introduction AirAsia‚ a famous low cost airline in Asia‚ as Malaysia second National Airline‚ provides a different type of service to benefit all citizens and worldwide travelers. Low cost airlines generally have several differentiate to the traditional carriers. For example‚ low cost airline implement ticketless travel‚ online ticket‚ no free food and beverages and etc. AirAsia provides low airfares flight to the travelers‚ offering 40%-60% lower than other airline. This low airfares
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List the two things that GDP measures. How can GDP measures two things at once? GDP measures the total economy income and total output of goods and services. The reason why GDP measures two things at once is that the output of goods and services and total income‚ quantitatively‚ are the same. For instance‚ every dollar of expenditure by a buyer must become a dollar of income to a seller. 2. What does the consumer price index measure? How is it different from the GDP deflator? Consumer Price Index
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time. These Indices can be 1. Wholesale Price Index (WPI) 2. Consumer Price Index (CPI) 3. GDP Deflator Today‚ most economists favor a low‚ steady rate of inflation. In this Report we try to find Inflation through all these three indices. All the data used here is sourced from RBI website. Q1. Calculate the inflation rate based on the wholesale price index‚ CPI (IW) and GDP deflator for the period of 1993- 1994 to 2009-2010. The inflation rate is calculated by Whole Sale Price
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External Analysis of AirAsia Perform an external analysis of AirAsia and identify possible opportunities and threats encountered by AirAsia. Industry Analysis An industry analysis was performed to assess the budget airline industry. 1. Bargaining Power of Supplier Overall‚ power of supplier is high as there are limited (availability of) suppliers (only Boeing and Airbus)‚ the switching cost is high (i.e. airplanes and their maintenance are costly)‚ and there are few substitutes for airplanes (i.e
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SWOT analysis of AirAsia Strengths Firstly‚ Air Asia has indeed a strong management team. This is clearly known as it has very strong links with the governements and airline industry leaders.This is partly contributed by the diverse background of the executive management teams which consists of industry experts and ex-top government officials. For example‚ Shin Corp (formerly owned by the family of former Thai Prime Minister - Thaksin Shinawatra) holds a 50% stake in Thai AirAsia. This has helped
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example of each. 6. Why do economists use real GDP rather than nominal GDP to gauge economic well-being? Define the GDP deflator. 7. What is the CPI? Which do you think has a greater effect on the consumer price index: a 10 percent increase in the price of chicken‚ or a 10 percent increase in the price of caviar? Why? 8. Describe the three factors that make the consumer price index an imperfect measure of the cost of living. Then explain how the GDP deflator differs from the CPI. 9. List and describe
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Strength and weakness of AirAsia |strength |weakness | |Low cost operations. |Service resource is limited by lower costs. | |Fewer management levels‚ effective‚ focused and aggressive |Government interference and regulation on airport deals and | |management.
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A proposal of overcoming flight delays in air Asia Introduction A management system is the software that allows a computer to perform functions of storing‚ retrieving‚ adding‚ deleting and modifying data. Relational database management systems (RDBMS) implement the relational model of tables and relationships. In this project proposal‚ we are going to propose a system for an agricultural company named Monsanto. Monsanto is a relatively new company which shares the name and history of a company
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