A GDP comparison of India and China China and India are the two giant’s economies of Asia‚ which are now regarded as the “success stories” for their massive economic development for the past two decades. On their way to economic growth they have more dissimilarities than similarities. The most common things among them are their ancient civilizations‚ population‚ covering substantial geographical areas and developing economies of the world. They both apparently benefited from globalization as well
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What are causes of inflation in China and how to cope with inflation? In the past decades‚ China has experienced a rapid economic growth. However‚ Chinese people have been greatly affected by the inflation caused by such rapid economic development. Compared with other years in 2000s‚ the inflation rate in 2004‚ 2007‚ 2008 and 2010 were quite higher which more than 3 percent (Zhang‚ 2011). And in 2007 only‚ the Consumer Price Index (CPI) increased by nearly 5% from 2.2% to over 7% (Anderson‚ 2008)
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INFLATION INFLUENCE ABOUT INVESTMENT DECISION Associate Professor PhD Dorel Berceanu‚ dorelberceanu@yahoo.com Associate Professor PhD Anca Băndoi‚ anca_bandoi@yahoo.com University of Craiova ABSTRACT: In this article‚ we are dealing with an issue very important as regards the investment decision‚ namely the influence that it has on inflation. Thus‚ in a brief introduction spotlighted how we have perceived inflation today‚ what it means and how it manifests itself. An ample space in the paper is
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SÖNMEZIŞIK&İBRAHİM ETEM GİRGİN 2001461168 2001461170 2001461092 UNEMPLOYMENT AND TURKISH CASE SOME KEY TERMS TYPES OF UNEMPLOYMENT UNEMPLOYMENT AND TURKEY SOME KEY TERMS • Unemployment: can be defined as the number of people (of working age) who are willing and available to work at current wage rates‚ but not currently employed • Unemployment rate: the percentage of the labour force without a job but registered as being willing and available for
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INFLATION (560 words) OUTLINES: INTODUCTON LEADING CAUSES OF INFLATION FRAGILE ECONOMIC POLICES HOADRDING‚ DISHONEST ATTITUDE OF TRADERS STEPS TO CHECK INFLATION Inflation refers to a continuous‚ general increase in the price of goods and services. Rise in prices is called inflation. Inflation at very fast rate is Hyper-Inflation‚ medium is Strato-Inflation
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February 14‚ 2012 The Inflation of Unwarranted Heroes and heroines Heroes are a different breed in todays society‚ which sometimes include animals. Traditionally‚ heroes were looked upon as being someone and entities performing a heroic act‚ not required of them. Yet today‚ many heroes are the results of certain public servants duties being inflated‚ because they are for the most‚ part of their job duties. This is the case developed by the writer Nicholas Thompson in “Hero Inflation”. It appeasers he
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#4 (Unemployment) 1. The natural rate of unemployment definition: the long-run average or “steady state” rate of unemployment depends on the rates of job separation and job finding 2. Frictional unemployment due to the time it takes to match workers with jobs may be increased by unemployment insurance 3. Structural unemployment results from wage rigidity: the real wage remains above the equilibrium level caused by: minimum wage‚ unions‚ efficiency wages 4. Duration of unemployment most
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Food inflation Definition: - Food inflation can be defined as a consistent rise in the price level of all agricultural food items. This rise in price level is neither seasonal nor sudden‚ it keeps on increasing over a period of time. This is one of the biggest problem faced by the economy. Causes of food inflation * Due to lack of post harvesting infrastructure such as cold chains‚ transportation‚ and storage facilities. * High food inflation ensures that consumers have to cut back on their
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2 Type of unemployment............................................................................................. 4 * Frictional Unemployment * Structural Unemployment * Cyclical Unemployment * Seasonal Unemployment Factors of unemployment......................................................................................... 6 * Business cycle * Aggregate demand * Decrease in aggregate supply Effect of unemployment...........................
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Economics Commentary U.S. Employers slashed jobs for the third straight month in March and unemployment rose to a nearly three-year high‚ offering the latest signs that the economy has fallen into a recession. The Labor Department’s much anticipated report‚ released Friday the 4th of April‚ showed a net loss of 80‚000 jobs last month. That marks the third straight month that jobs have fallen - the longest period of decline since early 2003. Now having acknowledged that the US is in a recession
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