Name: Mohamed Sadeq Mohideen Module: Contemporary Economic Policy Topic: What is the natural rate of unemployment and explain why unemployment rates are sometimes inaccurate. How can governments mitigate unemployment problems in the short run and long run? Unemployment is always the result‚ when the available workplaces cannot adapt to the job seekers. When the number of persons‚ who offer their working capacities‚ exceeds the number of available workplaces‚ this leads to a lack in
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1. Introduction Inflation is a general increase in prices and fall in the purchasing value of money. “Too much money in circulation causes the money to lose value”-this is the true meaning of inflation. What is Inflation. The rate at which the general level of prices for goods and services is rising‚ and‚ subsequently‚ purchasing power is falling. Central banks attempt to stop severe inflation‚ along with severe deflation‚ in an attempt to keep the excessive growth of prices to a minimum. (Investopedia)
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“RATIO ANALYSIS AND COMPARATIVE BALANCE SHEET OF BHUSHAN STEEL” PROJECT REPORT Executive Summary Every countries economic condition depends upon the performance of its Industry. How the investors are interested in it as it will help in the increment in the flow of foreign exchange. A sound and well performing industry will always attract investors as it will give them a return in a less time period. But it is not easy for a layman to understand or to properly analyze the performance of
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Assignment 4 5. According to the IS-LM model‚ what happens to the interest rate‚ income‚ consumption and invest under the following circumstances. a. The central bank increases money supply. An increase in the money supple shifts the LM curve downward. The equilibrium moves from point A to point B. Income rises from Y1 to Y2 and the interest rate falls from r1 to r2. Therefore this increase in money supply causes a decrease in interest rate‚ an increase in income‚ an increase in consumption
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Having economic growth can be very advantages for a country because it decreases the level of unemployment and gives the majority of the population to enjoy a better standard of living. But‚ there are some drawbacks when it comes to a high rate of economic growth. Inflation Risk : If there’s a high rate of economic growth‚ there could be a negative impact on the economy because it will lead to inflation. If there is a high growth rate with a high inflation‚ the growth rate can hardly be
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In recent years‚ China has met price of commodities rising quickly‚ inflation has affecting the overall economy. In this article‚ I will analyses last five years status of China inflation‚ explain the cause and effects‚ then base on the cause and effects‚ giving some solution to deal with the inflation. According to the definition of economics‚ inflation refers to the number of currency in circulation more than economic operation needed‚ and then cause currency devaluation and a persistently rising
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that the First Five-Year Development plan of the Imperial Ethiopian Government was the first formal planning started in Ethiopia in 1957 (MoFED‚ 2002 ). In the same regime‚ there were three Five-Year development plans. The First Five-Year Development Plan (1957-1961) had the objective of laying foundations for further take-off. The Second Five-Year Development Plan (1963-1967) followed it‚ which was a prelude to a 20 years’ development plan that targeted doubling income in 20 years (1983). Similarly
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established in 1978 2 IBON Economic and Political Briefing 15-16 July 2010 Aquino Rising‚ Change Underway? he start of a new administration after the May 10‚ 2010 national elections has raised public hopes of a break from the past. Various crises marked the last decade under the Arroyo administration: highest-level graft‚ corruption and electoral fraud‚ breaches of the rule of law‚ systematic human rights violations and political repression‚ and greater economic misery of the people. These
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William Pittman 9/17/14 Writing Comp 1 The Truth We have been aware for years that the U.S. government isn’t very honest with its citizens. The question is though‚ should our government actually be completely honest with us? I believe they should be‚ but I also believe it’s too late for them to become honest. The train of honesty should have been rolling since our nation was first created. Their honesty would not only affect us as citizens‚ it would probably affect their relationships with other
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Industry Analysis Food and beverage manufacturing is an important component of the Philippine economy. In 2009‚ gross value added in food manufactures and beverage industries reached P903.7 billion at current prices‚ contributing 58 percent of total manufacturing output and 12 percent of the country’s gross domestic product. In real terms‚ the sector contributed nearly half of total manufacturing output and 11 percent of GDP. The industry has generally grown over the past five years‚ with real
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