years 2010 and 2011. As seen in the graph‚ Japan’s economy made a plunge from year 2007 to year 2008‚ where GDP fell from ¥525‚469‚000 to ¥505‚794‚000 at a rate of 3.74%. This recession is the result of the world financial crisis that occurs from year 2007 to 2009. From the respective years of 2008 to 2009‚ Japan’s economy had made a further plummet by 2.02%. The sharp decline in real GDP of Japan results in an economic trough at ¥495‚570‚000 in the business cycle. Economists estimates that it was
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Major Cause of Inequality.“The origin of inflation is often found in the panicky nervousness of unstable governments in politically unstable communities. Given political stability there is no reason why India should not be able to carry out her future plans without generating serious inflationary pressure on the price level.” Keeping 1960-61 as the base year‚ the Fourth five year plan save the price index at an all time high of 331 in September 1974 (with 1961-62-100). This was due to a combination
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Gross Domestic Product‚ or GDP‚ is the value of all final goods or services produced in an economy in a given year. It is split into four different components: consumption‚ investment‚ government spending‚ and net exports. Consumption is 66% of GDP‚ and is divided into three separate parts: durable goods‚ nondurable goods‚ and services. Investment is 17% of GDP‚ and is divided into four separate parts: residential construction‚ nonresidential construction‚ purchase of capital equipment‚ and
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GDP Macroeconomics is a branch of economics dealing with the performance‚ structure‚ behavior‚ and decision-making of an economy as a whole‚ rather than individual markets. Macroeconomists study aggregated indicators such as GDP‚ unemployment rates‚ and price indices to understand how the whole economy functions. More precisely‚ I want to talk about GDP which is Gross Domestic Product. GDP measures two things at once: 1. the total income of everyone in the economy. 2. The total expenditure on
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Macroeconomics Report “Inflation” Hyper Inflation in Zimbabwe MAHAM TASEER (BS37 3184) UMAIRZIA (BS37 3174) MUTTAYAB MASOOD (BS37 3190) SAAD SHEIKH (VS30 2532) GECO – 202 MACRO ECONOMICS Submitted to: Mr. Nawaz Ahmed 2012 Macroeconomics Report “Inflation” Hyper Inflation in Zimbabwe MAHAM TASEER
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Causes of Inflation in the Iranian Economy Hamed Armesh*‚ Habibollah Salarzehi**‚ Noor Mohammad Yaghoobi***‚ Alireza Heydari**** It is clear that in the nearly last four decades inflation is one of the important problems of Iranian economy. In this study‚ we determine and analyze the effective factors on inflation in the Islamic Republic of Iran. After briefly reviewing the theoretical background‚ we use econometric method‚ such as the Ordinary Least Squares (OLS)‚ to study causes of inflation Iran
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GDP: The growth of GDP in last year was above 6% but it has started to decline and is expected to go down below 5.7%. This is mainly because of the fall in export since export consist of 20% of GDP in Bangladesh. Moreover‚ investment and consumption also is decreasing along with the decline in growth in manufacturing and service sectors. The growth of GDP in Bangladesh depend mainly on the industrial and the agricultural sectors. In FY2006-07‚ the growth rate was 6.43% that was estimated to be
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Student Name: Jeffrey Ang Schoggi Wong Bobby Kwok Yu Hoi Shan Michelle Instructor : Ms. Maggie Pua Submission Date : 18/12/2013 Table of Contents Company Background Our company call that Jesman is since 1970’s Our company is selling sport shoes such as basketball shoes and football shoes. Our first shop was opened in Hong Kong. After a few years‚ we started to have more than one shops. Mission and vision Our company want become an international sports shoes
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INFLATIONUNEMPLOYMENT AND INFLATION Student: ___________________________________________________________________________ 1. Inflation caused by a rise in per unit production costs is referred to as: A. Cost-push inflation B. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation 2. The view that unions may be a source of inflation would be best associated with the: A. Supply-shock view of inflation B. Cost-push view of inflation C. Wage-push view of inflation D. Demand-pull view
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Parkin (1998) defines Gross Domestic Product or more commonly known as GDP as ‘the market value of the final goods and services produced within a country in a given time period’. So what happened prior September to make the economists downgrade their forecast for Singapore’s GDP growth? ‘Singapore’s inflation accelerated to the fastest pace since January as transportation and housing costs increased‚ maintaining pressure on the central bank to allow the currency to strengthen even as growth
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