Inflationary gaps When aggregate demand exceeds an economy’s productive potential there is an inflationary gap. We tend to see rising inflation and a worsening trade situation at these times. This situation occurs when the economy has been growing for some time leading to a build up of inflationary pressure as demand rises. In the late 1980s there was a cyclical boom in the economy that led to a large inflationary gap. Consumer demand increased by over 7.5% in real terms during 1988 and the economy
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Taking a gap year You should think well before taking the gap year. It therefore depends whether the gap year would be a good thing for you or not. One of the first advantages of taking the gap year is it offers time to think carefully about your career. Besides‚ if you are not performing too well at school or at college‚ taking the gap year could be valuable as it might save you money. Gap year not only means travelling or going for vacations. It also consists of discovering different aspects of
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THE TWO GAP MODEL AND THE NIGERIAN ECONOMY. - BRIDGING THE GAPs WITH FOREIGN DIRECT INVESTMENT. . By Bakare Aremu‚ Tunde Abubakar Department of Economics ‚ university of lagos‚ akoka‚ yaba ‚lagos And Bashorun‚ oladipo titilayo Department of Finance ‚ university of lagos‚ akoka‚ yaba ‚lagos ABSTRACT Holis Chenery (2005) proposed existence of 2-gaps in LDCs in his TWO GAP MODEL. This research work sought to unveil the existence of the gaps in the Nigeria economy. We realized that domestic
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The Growing Income Gap between the Rich and Poor In the United States the income gap between the rich and the poor is at an all time high. This fact is very strange to me because I hear President Bush claim that there are so many new jobs available‚ the unemployment rate is down‚ interest rates are low‚ and inflation is going down. These two claims seem contradictory to me‚ and in my paper I will hope to find out why the income gap is so high when President Bush claims the economy is doing so well
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supposedly‚ equal yet were denied the same wages as a man‚ and denied the same benefits produced by their labor. Also‚ there’s a significant gap in the number of female politicians‚ as opposed to males. Women do
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Bridging the Rich and Poor Gap in India Difficulties A person with less purchasing power is deeply affected because he cannot afford Goods and services‚ which the rich can afford and it’s safe to say that‚ he cannot change his life style and standard of living. Poor and rich gap can be in different forms‚ some of which are – Education‚ Income‚ Life style‚ Housing requirement and food needs to name of few. Since long‚ poor people have been ignored by the government but ignoring poor and their
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possible career is in the financial services industry‚ and the gender wage gap is very prevalent in this industry. According to bustle.com‚ women in financial analysts and managers positions make an average of 63 cents compared to a man’s dollar. This is a large gap and is a big problem for women who want to work in the industry. There have been many lawsuits involving Wall Street firms to try to stop the issue of this big gap in pay. Even though‚ as a man I am favored‚ this is not right and there are
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Generational gap refers to the differences between a younger generation and their seniors. Each generation developed in a different period‚ with different ways of living and with different ideals. Although these differences have been present throughout history‚ old generations have to be confronted at the cultural change which affects the actual society‚ particularly with the new generations X and Y. The basic purpose of this paper is to show that the development of medias and new technologies
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Current skill gaps in the Hospitality Industry The main objectives of the assignment is directed towards determining impact of skill gaps on the UK hospitality industry and on the services provided by the entire industry. To be able to address this objective‚ the researcher would recognize the present recruitment strategies of the hotel‚ as literature shows that hospitality industry is having a lot of problems in their internal and external recruitment strategies. Also‚ the assignment shall discuss
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English 112 May 16th 2013 Research paper Racial Achievement Gap in the United States The racial achievement gap in the United States is the educational disparities between various ethnic groups. It is more manifests in African-America and Hispanic. These ethnic groups happen because students of those race are more likely to receive low grade in school‚ on their standardize test‚ even drop out of high school and is less likely to even attend college. Each student is independent
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