Explain how trends in the national income accounts help us to understand the country’s economic performance in recent years? Introduction National Income (Current Market Prices) €m Gross Product 2007 2008 2009 20101 GDP - Value 189‚933 179‚990 160‚596 155‚992 GNP - Value 163‚413 154‚673 132‚233 128‚207 GNI - Value 164‚621 155‚986 133‚592 129‚301 1Preliminary Source: CSO National Income (Current Market Prices) €m Gross Product 2007 2008 2009 20101 GDP - per capita 43‚773 40‚702
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Growing up in Ethiopia‚ a third world country where opportunities come few and far between‚ medicine‚ law‚ and engineering are all at the forefront of these limited opportunities and overly frequented options for college students. At an early age‚ I uncovered my love for helping others‚ but to my parents’ surprise my passion was for helping my girlfriends put outfits together or helping them shop for clothes‚ not helping an ill person regain their health in a white coat. As I began to mature‚ so
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homeland was Ethiopia and that it was obligatory to leave as fast as possible to Ethiopia. When reading many different sources I discovered that Ethiopia had experienced a Diaspora which is the dispersion or spread of any people from their original homeland. When I understood that that many of the Rastafarians had been moving to Ethiopia away from Jamaica I believed that it would interesting to observe to what extent had the Rastafarian movement in Ethiopia had had an effect on Ethiopia development
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Banking Sector Reform in Ethiopia: An Abstract Admassu Bezabeh‚ Ph.D‚ School of Business and Leadership‚ Dominican University of California San Rafael‚ California Desta‚ Asayehgn‚ Ph.D. School of Business and Leadership ‚ Dominican University of California‚ San Rafael‚ California. The fragile and inefficient state-dominated banking sector that existed in Ethiopia during the military government (1974-1991) was a major hindrance to economic growth. Since it took power in 1991‚ the current government
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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of national income in an economy is very important because it gives an estimation of the welfare of the economy. National income is the total of the value of the goods and the services which are produced in an economy. The basic measures of national income include GDP‚ GNP‚ GNI‚ NNP and NNI. There are three approaches through which national income can be calculated including; output approach‚ income approach and expenditure approach. All of these approaches give the same value of the national income
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Introduction Two Environmental Problems in Ethiopia would be soil degradation and overpopulation. This presentation will cover the main questions of why this is happening and answers that could help and control Ethiopia ’s land and overpopulation problems. Strategies will be assessed as to the help Ethiopia needs from inside and outside sources. Other regions in the world will be identified that have progressed from these same problems‚ and what impacts these implementations have had on their success
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are accounts important To begin by why accounts are important‚ a person should first know what accounts actually mean. Accounts are financial records of an organization that register all financial transactions‚ and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization’s current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet‚ and the income statement
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Norfaiezah et. al 1.5 2. 2.0 ACCOUNTING CONCEPT AND PRACTICE 2.1 Generally accepted accounting principles Accounting assumptions Accounting principles Accounting constraints 2.2 Types of financial statement Statement of Comprehensive Income Statement of Changes in Equity Statement of Financial Position Statement of Cash Flows 2.3 Business transactions and the accounting
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profit and unappropriated profit. what is the accumulated profit and why do accountants and bookkeepers use different names for the same thing? (6 marks) Accumulated profits is profits that are not paid as dividend but is transfered over to the accounts for the next year. Also can be used to reinvest in the core of the business to help pay off debts or to purchase a capital asset. The reasons why accountants and bookkeepers use different names for the same thing is because bookkeepers are the people
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