When it comes to corporate business and the common business the government needs to intervene to make the playing field fair for everyone involved. When competitors seek out the next get big money merger or expansion‚ this is where I believe the government steps in. with the government putting in place regulation such as fiscal policy‚ and monetary policy‚ the grounds of society become equal to the groups of power that have greater economic influence. My stand point on government regulation has
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Unemployment is present in every economy and measures how healthy an economy is. It is when workers who are able and willing to work don’t have jobs. It is quite impossible to reach zero unemployment no matter how high aggregate demand is because there is always ’natural unemployment’ that would occur in most businesses booms. A country measure’s unemployment by taking the unemployment rate‚ which is the number of unemployed‚ expressed as a percentage of the labor force. (Labor force-the total number
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Explain the concept of potential output and why actual output can differ from potential output? (2 marks) Potential output is the amount of output that an economy can produce when using its resources such as capital and labour‚ at normal rates. Potential output is not a fixed number but grows over time‚ reflecting increases in both the amounts of available capital and labour and their productivity. As capital and labour can be utilised at greater than normal rates‚ at least for a time‚
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discovery of and reliance on oil has seemingly desecrated agriculture into the back-bench of the Nigerian economy. This has seen the sector accounting for only about 40% of the GDP and providing only about 6o% of the country’s employment (CBN Various macroeconomic factors affect agribusiness in Nigeria‚ major among these are stable and predictable policy environment‚ interest rates‚ employment‚ unstable foreign exchange rates‚ current account and government spending. Stable and predictable policy environment:
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COHN Student ID: 11636955 Project Title: Strategies for Attention Control for Intermediate Standard Adolescent String Students Project Grade: Date qualified: HIGH DISTINCTION 30 July 2003 POBox6 Monash University Victoria 3800‚ Australia Telephone: +61 3 9905 2819 Facsimile: +61 3 9905 5400 www.monash.edu.au ABN: 12 377 614 012 STRATEGIES FOR ATTENTION CONTROL FOR INTERMEDIATE STANDARD ADOLESCENT STRING STUDENTS Matthew Cohn B.Mus.Per. (Melbourne University)
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Housing Industry The housing industry has been around for many years. It is an important industry and one that will always have a necessity to exist since it creates a product that is one of the essentials of human life‚ housing. Economics play an important role in the housing industry along with all other industries. There are several factors that can influence the housing industry economically. Supply and demand coupled with price elasticity can affect the housing industry. Negative and
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PERCEPTION ON BULLYING AND ATTITUDES OF THE INTERMEDIATE PUPILS IN SAN ROQUE ELEMENTARY SCHOOL. BASIS FOR DEVELOPING GUIDANCE ACTIVITIES Dhea‚ Castillo Jamelyn‚ Dimaculangan Gerelyn C. Gonzalvo BEED- IV Chapter 1 The Problems and Its Background Introduction Bullying is difficult to define with a concrete definition because the act of bullying can be perceived differently by whoever is experiencing the event. An act of horseplay can be meant as a playful gesture but viewed as an
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When inflation is high‚ people increasingly fear that this will decrease their future purchasing power and their standard of living. Uncertainty about where prices of goods and services will be in the future makes it more difficult for people to make good economic decisions. That uncertainty is increased when prices are rising‚ since in these circumstances inflation is rarely stable and predictable. High inflation encourages approximate investments at the expense of more productive investments. It
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How resale of items impacts GDP The textbook defines Gross domestic product (GDP) as “The market value of all final goods and services produced within a country during a specific period” (Gwartney pg. 131). GDP is a tool to measure a country’s economic growth. The term re-sale is defined as “The act of selling something that you have bought” (Merriam-Webster). The resale of items are not included in the GDP because they do not involve current production‚ they were already counted in the GDP during
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Macroeconomic Transmission Mechanism of International Oil Price Rise: The Indian Situation In this Article‚ an effort has been made to trace the impact of an increase in international oil prices on Indian economy outlining the various transmission mechanisms. These transmission mechanisms take into account some of the important macroeconomic relationships‚ as relevant to the Indian context‚ and the administered nature of domestic oil price in India. The three broad channels through which the international
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