lower their suicide rates. Countries like China‚ Japan‚ Singapore‚ Australia & Pakistan have joined the project‚ Strategies to Prevent Suicide (STOPS)‚ in order to lessen their increasing number of suicide. However‚ in trying to prevent the increase in number of suicide deaths and attempts‚ one must know what the leading causes of it are. Suicide rates change over time‚ and the factors influencing them remain poorly understood. Economic factors‚ in particular unemployment & income growth‚ have
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List 2 data sources researchers use to estimate historical standards of living and explain what they can infer from these sources. List three indicators of economic development other than National Income measures (NI‚ GDP‚ or GNP‚ level‚ growth rate‚ or per capita) that are of interest to economists and explain what can be inferred from each of these indicators. Explain in detail 3 weaknesses of per capita GNP (or GDP) as a measure of economic well-being. Although this measure has the flaws you
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The effect of Exports on GDP Growth in Pakistan Abstract: This paper is examines the causal relationships between gross domestic product (GDP) and exports in Pakistan by using time series data for the period between 1980 and 2000. Time series evidence shows that increase in exports has a significant effect on the economic growth of Pakistan in the previous two decades. This paper uses cointegration to check the causal relationship between export growth and economic growth in Pakistan. Granger
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Gross Domestic Product (GDP) is defined as the total value of all final goods and services produced in an economy within a given period (Economics Course Notes‚ 2006). As is common in most economies worldwide‚ it is used to gauge the performance of the economy. GDP is calculated with an assumption that all goods and services produced in the period specified have been sold‚ and all the income derived from the sale is spent within the same period. The expenditure method calculates GDP as follows:
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The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country’s capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing‚ vehicle‚ or machinery deterioration. The depreciation accounted for is often referred to as "capital consumption allowance" and represents the amount of capital that would be needed to replace those depreciated assets. If the country is not able to replace the capital stock lost
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Interest Rate Forecasting using Regression Analysis Introduction Forecast of interest rates can be done in many different ways‚ qualitative (surveys‚ opinion polls) as well as quantitative (reduced form and structural approaches)* Example of methods in quantitative approaches - Regression method - Univariate method (e.g. ARIMA) - Vector autogressive models (VAR) - Single equation approaches - Structural systems of simultaneous equations This paper will focus on the structural
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Chapter 31 Open-Economy Macroeconomics: Basic Concepts 1. Foreign-produced goods and services that are sold domestically are called a. imports. 2. One year a country has negative net exports. The next year it still has negative net exports and imports have risen more than exports. d. its trade deficit rose 3. Suppose that a country imports $100 million of goods and services and exports $75 million of goods and services‚ what is the value of net exports? (SUBTRACT 75-100). d. -$25 million
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United States economy faced in 2008 and 2009‚ the economy has been slowly recovering. Currently‚ the unemployment rate in the United States is 4.9%(“Unemployment Rate” ). The Federal Reserve predicts that by the end of 2017‚ the unemployment rate to decrease to 4.8 % (“Economic Outlook” ). Inflation is also decreasing and it is expected to continue to until 2017 ( “Economic Outlook”). As inflation decreases‚ the price level will fall and the purchasing power of consumers will increase. The outlook
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Assignment 2: What is Gross Domestic Product ECO201 Macroeconomics Instructor: George Williams Carleen Wardlow student at Argosy University July 3‚ 2013 (1) What was Real GDP for 2009? The Real GDP for 2009 was that there was a decrease at an annual rate of 6.1 percent
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bond in August for a period of 6 months. Zero-coupon bond of similar quality is currently yielding 4%‚ a cost‚ which the treasurer finds acceptabl(e) The treasurer is of the view that interest rate will rise before the company will issue the debt‚ hence will increase the cost of debt. So to hedge the interest rate risk the treasurer decided to hedge the risk using September Eurodollar futures contract. September 90-day Eurodollar futures contracts are currently trading at 96.25. You are required
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