transports be included in GDP? (2 marks) Question 3: (i.a) Illustrate and explain with diagrams the difference between demand-pull and cost-push inflation; (2.5 marks for the diagram and 2.5 marks for the explanation); (i.b) Provide (describe) two (2) causes of each type of inflation (2.5 marks for 2 demand-pull causes and 2.5 marks for 2 cost-push causes) Cost-push
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Food Inflation In India In recent times‚ food inflation has been perhaps the most challenging problem faced by Indian leaders and policy makers. The trends of inflation of food prices computed on a year on year basis are as shown in fig. 1. Figure 1: Inflation figures for Food Articles‚ Foodgrains‚ Rice and Wheat (Base: 1993-94) Food inflation in India can be estimated by movement of composite food index in WPI. The food index consists of two sub components‚ namely primary food articles and
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i) Discuss the effects of inflation on consumers in the country. One should wonder how the average wage earner is going to survive in the city with the arbitrary hikes in food prices‚ not only in Kuala Lumpur but word has it that food prices are generally 20 to 30% higher over in East Malaysia. Hawkers and restaurants seem to raise their prices‚ usually citing the oil hikes and its gravy train effect on every thing from higher transportation costs‚ higher labour costs‚ profiteering and essential
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“automatically approximates the impact of inflation” is true only if exchange rates are perfectly negatively correlated with differences in national inflation rates. This condition‚ known as purchasing-power parity‚ does not exist here. A quick review of the price level and exchange rate information shows that the difference in inflation between Iceland and the United States was not offset by changes in the dollar value of the kronur. Thus‚ some form of inflation accounting prior to currency translation
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“Seventh Grade” By Gary Soto Personal Response When your in seventh grade‚sometimes it can be confusing and you might struggle. Gary Soto shows us that when your in seventh grade‚ sometimes it can be difficult. In seventh grade‚ you will learn new things. Some new things you learn might be very interesting. Some things might be challenging. Some things might not be so challenging. Seventh grade sometimes is easy‚ but most of the time it’s difficult. When your a student in seventh grade‚ you
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efficiency by A) channeling funds from investors to savers. B) creating inflation. C) channeling funds from savers to investors. D) reducing investment. 2) Well-functioning financial markets promote A) inflation. B) deflation. C) unemployment. D) growth. 3) The price paid for the rental of borrowed funds (usually expressed as a percentage of the rental of $100 per year) is commonly referred to as the A) inflation rate. B) exchange rate. C) interest rate. D) aggregate price level.
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For generations‚ parents have pushed children to get good grades. Many of my classmates are given cash‚ iPods‚ and even cars as rewards for good grades. This obsession with grades comes from the belief that school success means more opportunities for higher paying jobs and a better life. Since grades are indicators of school success‚ good grades are seen as essential. But can grades in high school predict future success? While good grades may indicate the mastery of content‚ what they really demonstrate
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My task was to produce a grade book for primary school teachers; the aim of this spreadsheet was to allow teachers to input scores and record student progress. In this report I will attempt to explain the processes I went through to produce the grade book. Step 1 In order to create a professional‚ user friendly grade book‚ I firstly wrote a list of the items I wanted to include in my spreadsheet using Microsoft Word‚ before I started creating it. I did this so that I could make sure I had
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Treasury Bonds‚ Notes‚ Bills: * Bond: 10 years or more * Note: 1 - 10 years * Bill: less than 1 year * Are they risk free? * Yes: US gov’t has largest army and will take stuff to pay its bills * No: Interest rate risk‚ and Inflation Risk * Overall: not risk free‚ but are default risk free Need to value a bond: 1. Coupon 1. Annuity‚ fixed for some period of time 1. Principal Will ask to value separately * If interest rates increase‚ value of bond
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The Letter Grade Speaking for any studious college student‚ the best letter grade will always be the top‚ A+. Evaluating a letter grade for ourselves can be so easy but at the same time so difficult putting it down in words with out bragging about one self. Personally‚ with out the brag‚ I strongly believe I deserve an A. Carrying with a full time paid job and a full time student cannot be easily pulled off but I have managed to handle the responsibility‚ the attendance‚ and the participation
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