growth of Pakistan. Unavailability of power is affecting directly or indirectly on every sector of life. Making people feel frustrated as well as helpless. The load shedding span has mounted to almost 12 hours a day to industries and about 8 hours to domestic consumers. This destructive power shortage has brought the industrialist as well as the local people on roads for an urge of protest‚ but despite of all such anti government actions this struggle is in vein as there is no progress in the electricity
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with the EPW Research Foundation‚ Mumbai. Economic & Political Weekly EPW september 28‚ 2013 G Yet‚ in all the discussion the underlying empirical basis is surprisingly weak. Often trend growth rates are computed for the gross state domestic product (GSDP) series for short time periods‚ ignoring the wild fluctuations in the official data‚ yielding large standard errors for the estimated parameters (Figure 1). To overcome such problems‚ this note has avoided computing growth rates
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1) Which of the following most correctly describes GDP? GDP is the sum of the market value of all A) goods and services purchased within a country in a given time period. B) final goods and services produced within a country in a given time period. C) final goods and services purchased within a country in a given time period. D) intermediate goods and services produced within a country in a given time period. E) final goods and services produced by a
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the (a) cost‚ income‚ and expenditure approaches. (b) product‚ income‚ and expenditure approaches. (c) consumer‚ business‚ and government approaches. (d) private‚ public‚ and international approaches. Answer: B Level of difficulty: 1 Section: 2.1 2. The value of a producer’s output minus the value of the inputs it purchases from other producers is called the producer’s (a) surplus. (b) profit. (c) value added. (d) gross product. Answer: C Level of difficulty: 2 Section: 2.1 3
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nations. In United State has already seen the effect of this menace. Recession is happening in the country now and highly likely to lead recession to other developed country like China‚ India south Korea‚ and Japan. As the price oil increase‚ price of product will increase because cost of oil is widely used in most process. So SRAS graph will shift to the right. [pic] This problem must be deal fast so it can prevent recession. In five nation meet; China‚ India‚ South Korea‚ India‚ Japan dealing this
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ICRA RATING FEATURE TWO-WHEELER INDUSTRY: GROWTH DRIVERS INTACT Contacts Anjan Ghosh aghosh@icraindia.com (+91-22-30470006) Subrata Ray subrata@icraindia.com (+91-22-30470027) Jitin Makkar jitinm@icraindia.com (+91-124-4545368) Overview The Indian two-wheeler (2W) industry has shown a strong volume growth over the last two-years‚ having grown by 25% in 2009-10 and 27% in 2010-111 to reach 13.3 million units. This strong double-digit growth has been driven by multiple factors. One reason
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Discuss the usefulness of GDP as a measure of living standards‚ and as a way of comparing living standards i) across countries ii) across time. Gross Domestic Product (GDP) is the total market value of all goods and services produced in a country in a given year. It is equal to the total consumer‚ investment and government spending‚ plus the value of exports‚ minus the value of imports. The GDP report is released on the last day of each quarter and reflects the previous quarter. However‚ GDP
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females (UNO‚ 2005-2010). The healthy life expectancy at birth is 71 years for males and 82 years for females (UNPD‚ 2010). It is in the High income group (based on 2010 World Bank criteria). The total expenditure on health as a percentage of gross domestic product is 9.36% and the per capita government expenditure on health (PPP int. $) is $2457.0 (WHO‚ 2006). The suicide rate for males is 10.1 per 100‚ 000 population and for females is 2.8 per 100‚ 000 population. Neuropsychiatric disorders are estimated
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Economics Assessments 1.1.1 Scarcity‚ Choice‚ Opportunity Costs‚ and Comparative Advantage – Using examples‚ explain how scarcity‚ choice‚ opportunity costs affect decisions that households‚ businesses‚ and governments make in the market place and explain how comparative advantage creates gains from trade. 1. Willie loves ice cream. He has found a store that sells ice cream cones at a bargain price of $0.50 each. He has just eaten two of these cones but has not decided to buy a third one
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Gross Domestic Product‚ Which will be presented as the abbreviation GDP below‚ is a measure of the economic situation within a territorial area. Moreover‚ it is defined as Total market value of all goods and services that produced in the economy during a given time period. Personal Consumption Expenditure‚ equally important‚ refers to the fees paid by people in order to satisfy their daily needs. It’s an important indicator that measuring consumers’ spending levels on goods and services‚ for example
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