March 2010 Accepted April 2010 An exploration of dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia Chor Foon Tang Department of Economics‚ Faculty of Economics and Administration‚ University of Malaya‚ Kuala Lumpur‚ Malaysia Abstract Purpose – The main purpose of this study is to examine the dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia. This study covered the annual data from 1970 to 2008. Design/methodology/approach
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Farmers Suicide in Maharashtra: Causes & Remedies Prof. Kishor N. Choudhary Abstract: The villages epitomize the soul of India. Income from the Agriculture production is the main source for Indian economy. Agriculture sector is the only livelihood for more than 72% of the Indian population which gives employment to the 57% of work force and is a raw material source to large number of industries. Despite of portrayal of farming as a healthy and happy way of life‚ agriculture sector experiences
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cost less than $15‚000. That’s inflation. Inflation is when a certain form of currency starts to have less value over time. Mainly two things cause it: people’s perception of value‚ and the economic principle of supply and demand. We have already examined some of the ways that people’s perceptions of a currency’s value can affect its value. This effect causes inflation by directly affecting the value of the money. When currency was still on a gold standard‚ inflation often happened when people started
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argued that inflation is both good and bad. How can this be?Explain. Are government efforts to control inflation well-advised? Explain. In economics‚ inflation is a rise in general level of prices of goods and services in an economy over a period of time. When the general price level rises ‚ each unit of currency buys fewer goods and services. It is a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate. As
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Inflation is defined as a sustained increase in the general level of prices which results in a decline in the purchasing power of money. Inflation is measured through the Consumer Price Index (CPI) which measures proportional changes in prices in a representative “basket” of g’n’s‚ weighted according to their importance in a typical Australian households budget. The RBA aims to keep inflation at an annual rate of 2-3%‚ and in order to do this a number of policies are available for the Australian
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Inflation Facts 1. In economics‚ inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. 2. As inflation rises‚ every dollar will buy a smaller percentage of a good. For example‚ if the inflation rate is 2%‚ then a $1 pack of gum will cost $1.02 in a year. 3. A dollar from 1950 is now worth only $0.12 4. The term “inflation” is from the Latin term inflare‚ meaning to “blow up or inflate‚” and it was first used in a monetary sense
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to make pores smaller. The authors suggest applying the olive oil regularly in a thin layer. The idea is to coat the skin‚ not make it greasy. This is a folk remedy with anecdotal evidence that it works‚ but there is no explanation as to how or why olive oil reduces pore size. * Using Baking Soda * Baking soda is a popular home remedy for deep cleaning the skin. Making a scrub of baking soda and water is effective in removing sebum and debris from the pores. Add water to a small amount of
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Unexpected Inflation and Redistribution of Wealth in Canada Césaire A. Meh‚ Canadian Economic Analysis‚ and Yaz Terajima‚ Financial Stability One of the most important arguments in favour of price stability is that unexpected inflation generates changes in the distribution of income and wealth among different economic agents. These redistributions occur because many loans in the economy are specified in fixed-dollar terms. Unexpected inflation redistributes wealth from creditors to debtors by reducing
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PESTEL analysis of Indonesia | October 3 2009 | SUBMITTED TO: MR. SUNDERASAN SUBMITTED BY: Hitesh GoyalNirupan ChakravarthiSainath.V MBA 12 and PGPRM-9 | | Introduction: Indonesia is one of the largest countries in South-east Asia‚ between the Indian Ocean and the Pacific Ocean which contain mainly mountainous and covered with rain forests‚ swamps and consists over 13000 islands. Jakarta is the capital of Indonesia. Indonesia declared its independence on 17th August 1945 from Japan but
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hoped for a bit of inflation—but not this sort ----Bhavya Upadhyay The article discusses on the good‚ the bad and the ugly side of the rising inflation in Japan. All over the world inflation is raising its ugly head but for a country like Japan it may be a blessing in disguise. An inflation of 1.0% in Japan may be a good sign‚ a case of the economy finally moving out of the long decade of deflation. The article explores on how the Japanese economy will benefit from inflation in terms of the increase
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