National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income
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the practice of running deficits in all phases of the business cycles is problematic because it indicates a structural deficit caused by an inability or unwillingness of the American government to live within its means2‚3. Economists to measure the national debt because it is an indicator of a nation’s ability to repay its debt use debt-to-GDP ratio‚ because it compares the amount owed to the amount that the nation produces per year. While the current debt-to GDP ratio is below the post World War II
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Tragedy In September 11th- A National Tragedy‚ James Peck writes about how the tragic event‚ September 11th has affected our world today. Peck states that tragedy is a word that has commonly been overused by Americans throughout news articles and magazines when a significant event happens. When referring to September 11th‚ the crashing of the twin towers‚ this is a tragic event. Peck states‚ “I do know life is life and theatre is theatre” (735)‚ but we as Americans immediately turn life events
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When Is National Day 2013 in Malaysia? National Day falls on August 31th‚ 2013. National Day is celebrated every year in Malaysia on the 31st of August to commemorate the momentous occasion when the Federation of Malaya achieved independence from British rule in 1957. On the 30th of August‚ Malaysia’s then Prime Minister‚ Tunku Abdul Rahman took to the Royal Selangor Club Padang‚ now known as the Merdeka square at 11.58pm and observed two minutes of darkness. At the stroke of midnight‚ the Union
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Should professional athletes be required to stand and salute the flag during the Pledge of Allegiance? Should professional athletes have to do what they do not believe in? In fact‚ this topic is a major issue in America. Even more important players are not standing or saluting during the Pledge of Allegiance because they want change. Professional athletes should not be required to stand and salute the flag during the Pledge of Allegiance because they have freedom to express their beliefs‚ they want
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since I drew a cartoon of the Mexican flag [see above]‚ with the eagle shot dead by a stream of machine gun bullets. The cartoon illustrates the terrible violence in Mexico. Since President Felipe Calderón announced his war on the drug cartels‚ over 28‚000 people have been killed in a civil war that shows no sign of easing. I got a spirited‚ angry reaction on my blog and in e-mails from Mexican readers who objected to my “desecration of the sacred Mexican flag.” My cartoon appeared at the same
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Australia 1 (flags‚ coat of arms) 1. The Symbolism of Australian flag One of the designers was Ivor Evans‚ a fourteen year old schoolboy. Ivor had very clear ideas about what his flag meant and what he intended it to say about Australia and Australians. He believed that the Southern Cross‚ the brightest constellation (созвездие) in the Southern Hemisphere‚ was representative of Australia ’s bright future as a leading nation. However there was another reason for his choice of the Southern Cross
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The National Anthem was made to symbolize our independence after a war. This wouldn’t have happened if the soldiers didn’t fight for our freedom. Kneeling and locking arms during the National Anthem is disrespectful because it desrespects the U.S. soldiers‚ sets a bad example for the younger generations‚ and disrespects the flag. Everyday‚ U.S. soldiers are in danger‚ risking their lives so we the people can live our lives the way we do. This song honors all the soldiers who ever served and their
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confederate flag is the flag the southern states created when they seceded from the union in 1860. It was mainly used during the time of the civil war when the south formed their own country; the confederacy. During the time of the Confederacy‚ the south saw the flag as a representation of “southern pride” and states’ rights. But‚ many others‚ even to this day‚ see it much differently. The flag has been seen as a symbol of many negative ideas and events. Therefore‚ I believe that the flag should be
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The Star-spangled banner‚ the National Anthem of the United States of America is a poem inspired by the Battle of Baltimore‚ fought on September 12-14‚ 1814 during the War of 1812. During the British campaign against Washington‚ D.C.‚ an elderly and respected physician‚ Dr. William Beanes was arrested for unfriendly acts toward the British soldiers which resulted in his arrest. Francis Scott Key‚ a prominent lawyer and friend of Dr. Beanes was sent by President James Madison to obtain his release
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