of national income in an economy is very important because it gives an estimation of the welfare of the economy. National income is the total of the value of the goods and the services which are produced in an economy. The basic measures of national income include GDP‚ GNP‚ GNI‚ NNP and NNI. There are three approaches through which national income can be calculated including; output approach‚ income approach and expenditure approach. All of these approaches give the same value of the national income
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Indonesia The average unemployment rate in Indonesia based on the last 5 years (2009-2013) is 6.78%. The unemployment in Indonesia hit the highest in 2009 with 7.9%‚ and the lowest rate of unemployment was in 2012 with 6.1%. From the above graph‚ we can see that there is a decrease in unemployment rate from 2009 to 2012 falling from a rate of 7.9% in 2009 to 6.1% in 2012. This may be due to the fact the government in Indonesia‚ has been putting effort to lower the unemployment rate of their country
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education. The overall unemployment rate is not exceptional in an international perspective. The interesting thing about Malaysia is that there exists a structural unemployment among the educated youth‚ which in spite of their relatively high level of education wait for a long time before entering the work force. Unemployment occurs when a person is able and willing to work but currently is without work. The prevalence of unemployment is usually measured using the unemployment rate‚ which is defined
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Unemployment in America Recently‚ the story is the same every day. The evening news casts its daily story on the growing unemployment rate. The only thing that changes from day to day is the number of unemployed workers and large firms cutting jobs. Companies are reducing positions by laying off workers. Some businesses are completely closing their doors. The unemployment rate refers to the percentage of the labor force that is unemployed. More specifically‚ it refers to those persons available
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of Unemployment 06 Impacts on Pakistani Society 07 Data Analysis 09 Remedies 14 Conclusion 16 Bibliography 16 INTRODUCTION DEFINITIONS • ‘The unavailability of jobs for the inhabitants of a society is called unemployment’. • In economics‘One who is willing to work at a prevailing wage rate yet is unable to find a paying job is considered to be unemployed’. TYPES OF UNEMPLOYMENT There
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Unemployment means under-utilization or non-utilization of available man-power. Unemployment refers to the state of being unemployed or not having a job i.e. joblessness. A person is said to be unemployed if he or she is looking for work or is willing to work at the prevailing wage but is unable to find the job. India‚ with a vast population of over 2 billion individuals‚ is facing the biggest problem of the century in the form of unemployment of worthy and productive citizens. Our country is set
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UNEMPLOYMENT AND 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
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regrettable‚ pushed out of incompetent occupations already hated by whites before the dejection. Blacks confronted unemployment of 50 percent or more‚ contrasted and around 30 percent for whites. Dark wages were no less than 30 percent underneath those of white specialists‚ themselves’ identity scarcely at subsistence level. There was no help from the liberal Roosevelt organization‚ whose National Recovery Act (NRA) of 1933 was soon alluded to by Blacks as the Negro Removal Act. In spite of the fact that
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If unemployment and capitalism are inseparable‚ the current rates of unemployment are alarming and affecting the entire society. On one side are people who cannot get jobs and on the other side are the ones who fear losing their jobs. The consequences of unemployment for the individual are associated with factors such as the duration of unemployment‚ and also the age of the unemployed. In Brazil‚ the legal age to begin working in the labor market was raised from 14 to 16 years of age a few years
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FRAUD FACTS Issue 12 April 2011 INFORMATION FOR ORGANISATIONS An introduction to fraud detection Fraud detection should form part of an organisation’s overall anti-fraud strategy to identify and stop new or historical fraud at the earliest opportunity. Effective fraud detection saves money and protects businesses and their employees‚ shareholders and customers. What is fraud detection? Fraud detection is the identification of actual or potential fraud within an organisation. It relies upon the implementation
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