During the last few recessions experienced in the USA a new phenomenon has puzzled many economists titled ‘Jobless growth’. The term jobless growth refers to a situation when a country is emerging from a recession‚ where its gross domestic product increases but the unemployment rate stays the same or lags behind for several quarters without increasing following GDP growth. Jobless growth in the USA has alarmed many‚ the reason being that over the past few major recessions of 1991‚ 2001 and 2008‚ all
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Love Across the Salt Desert K N Daruwla The story "Love Across the Salt Desert" is set in the village of Khavda‚ located in the Desert of Kutch‚ Gujarat‚ India. The author has used this backdrop to effectively symbolize the thirst that the two protagonists feel for one another--so the scorching sun of the desert becomes a metaphor for their parched lives which were looking for satiation. He also extends the drought prevailing in the land to be an expression of the same deprivation and with the
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Contribution of Agriculture and Petroleum Sector to the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy
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Experiment 5 – Percent Water in a Hydrated Salt Pre-Lab Hints 1. Note definition of deliquescent in the introduction. 2. See side notes for part A‚ as well as part 1 of Technique 15C (pg 27). 3. Mass of water in sample is the mass lost by heating (initial minus final). Water % is 100 times the g of water divided by the initial g of hydrate sample. 4. a. See step A1 in the procedure. b. A hot sample on the balance creates air currents and causes thermal expansion‚ both of which decrease
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Abstract This experiment analyzes the effects of how temperature affects bacterial and fungus amylase and also discovers the optimum temperature for these enzymes. The amylase was mixed with starch at temperatures of 0℃‚ 37℃‚ 57℃‚ and 90℃. Iodine was added to each mixture and colour changes in each case. Bacteria amylase was found to be effective at 55 0C as the temperature dropped drastically from 4.58℃ to 2.33℃. This shows that the amylase catabolized a lot of starch hence little is left which
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Economic growth From Wikipedia‚ the free encyclopedia This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (April 2011) GDP real growth rates‚ 1990–1998 and 1990–2006‚ in selected countries. Rate of change of Gross domestic product‚ world and OECD‚ since 1961 Economic growth caused the production-possibility frontier to shift outward. Economic growth is the
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Economic Growth‚ Economic Freedom and Morality Mikita Katliarou LCC International University Economic Growth‚ Economic Freedom and Morality In our fast-developing world where people are overwhelmed with all the insane progress we never stopped for moment to think rationally “whether it is good thing that we developed for the last decade more than for the last ten centuries?” But for now let’s put up this question for later. “The pursuit of high economic growth is considered desirable as it generates
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explain why it is said “economic growth is a race between depletion and invention. AS Macroeconomics / International Economy Economic Growth Growing economies provide the means for people to enjoy better living standards and for more of us to find work. But what is economic growth and how best can a country achieve it? Defining economic growth Economic growth is best defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living
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Economic Issues Economic Growth Economic Growth involves an increase in the volume of goods and services that an economy produces over a period of time. It is measured by the annual rate of change in real Gross Domestic Product (GDP)‚ i.e. the percentage increase in the value of goods and services produced in an economy over a period of time‚ usually one year‚ adjusted for inflation Aggregate Demand Aggregate Demand (AD) is the total level of expenditure in the economy over a given period
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1018-5895/10 www.palgrave-journals.com/gpp/ Insurance Development and Economic Growth* Liyan Hana‚ Donghui Lib‚ Fariborz Moshirianb and Yanhui Tiana a School of Economics & Management‚ Beihang University‚ Beijing‚ China. School of Banking and Finance‚ The University of New South Wales‚ Sydney‚ Australia. E-mail: donghui@unsw.edu.au b This paper investigates the relationship between insurance development and economic growth by employing GMM models on a dynamic panel data set of 77 economies for
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