Product at fixed prices‚ i.e. Real GDP‚ is the true indicator of its growth and prosperity and can be looked upon to forecast what the future of the economy will be to be able to take policy decisions in a scientific manner. This paper aims at examining various macro economic variables and use statistical methods to find the impact of these variables on each other. For this objective secondary data has been obtained about inflation rate (CPI)‚ bank rate and real GDP of India during the years 2004 to
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Exchange rates‚ Pakistan’s GDP and KSE’s prices: A relationship analysis I. Introduction Exchange rates‚ GDP and KSE index 2.1 Exchange rates (ER) are not autonomous in nature‚ these are determined by the forces of demand for and supply of major medium of currency (mostly US dollar in Pakistan) used in imports and exports trade. Whereas the volumes of imports and changes therein seem to be the major source to determine demand for US dollar in Pakistan‚ the value and changes in exports
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1. German economy overview Germany is the largest national economy in Europe‚ the fourth-largest by nominal GDP in the world‚ and fifth by GDP (PPP) in 2008. Since the age of industrialisation‚ the country has been a driver‚ innovator‚ and beneficiary of an ever more globalised economy. Germany is the world’s second largest exporter with $1.474 trillion‚ €1.06 trillion exported in 2011 (Eurozone countries are included). Exports account for more than one-third of national output. Germany
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deregulation‚ privatization‚ free trade‚ and reducing government control of the economy (Taylor and Jordan‚ 2009‚ pp. 149). This essay is going to analyse whether no-liberalism is responsible for most of the global economic problems we are experiencing today. It is expected that this essay could contribute to the comprehension of the influence of neo-liberalism. Firstly‚ with regard to the relationships between free market and government intervention‚ neo-liberalism emphasizes the spontaneous
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The United States has a democratic government which means that the government is supposed to be ran through the people. The interesting fact about that is that the American government was created by ideas that they got from Britain’s parliament (Nardo‚ 1994‚ p. 83). Since these governments are based off of each other‚ they do share a lot of similarities. Although Britain and the United States had comparable growth in their governments from when they started‚ in the end they had and still do have
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Calvin Coolidge once said‚ “The business of government is business.” Meaning that the economy drives individuals independence. One is not strong‚ if one is not prosperous and one is not able to help others‚ if one is economically and politically powerless. In the 1920’s the shift to the right‚ on economic policies occurred when Warren G. Harding‚ Calvin Coolidge‚ and Herbert administrations allowed Big Business to take over the United States government. Through Harding’s “return to normalcy” policy
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contentment. And the more money you have‚ the more stuff you can buy that makes you happy: that sleek iPhone 4‚ that fancy new car or that luxurious cashmere wrap. On the other hand‚ those material objects tend not to bring us the same joy as say‚ spending a morning with your children at the beach‚ or having a good conversation with an old friend. "The relationship between money and happiness is a complicated one‚" says Ed Diener‚ emeritus professor of psychology at the University of Illinois‚ who
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issue of corruption--the abuse of public office for private gain--has attracted renewed interest‚ both among academics and policymakers. There are a number of reasons why this topic has come under recent inspection. Corruption scandals have toppled governments in both major industrial countries and developing countries. In the transition countries‚ the shift from command economies to free market economies has created massive opportunities for the appropriation of rents‚ excessive profits‚ and has often
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National Healthcare Spending In the United States Jarrod Hinkle HCS/440 November 24‚ 2014 John Branner Introduction. U.S’s Healthcare spending has continued to increase over the last one decade with more than $2.5 trillions being spent each year (Young‚ 2013). On average‚ the U.S spends twice as more on healthcare per capita and 50% more as a share of GDP. This is the highest costs spent on healthcare among all industrialized nations globally. Despite the huge spending‚ healthcare analysts
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form of Government INDEX: 1) Parliamentary form of Government in the UK a) What is the Parliamentary form of Government? b) Essential features c) Advantages and Disadvantages of this type 2) Presidential form of Government in the USA d) What is the Presidential form of Government? e) Essential features f) Advantages and Disadvantages of this type 3) Comparison between the two types 4) Bibliography Parliamentary form of Government What
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