INTRODUCTION 1.1 BACKGROUND In every economy‚ there exist vast variety of activities some which undergo official recording and some other activities take place outside the officials. The later is the underground economy that refers to the economic activities that generate income but are hidden from official authorities in order to evade various taxes and remain unrecorded in official statistics (Yasmin and Rauf‚ 2004). The most common causes of underground economy are heavy tax burdens where economic
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To begin‚ I had to find out how mold happens. Mold happens when bread is left out in moist areas. Mold grows because it seeks moisture warmth and food. Mold forms because in dust there are tiny micro-organisms and fungi along with it. The type of fungi found in air is called a spore‚ and it does the same thing as the dandelion seeds when you blow them in the air. A spore will float around until it lands on something and if that something is food‚ that spore will germinate and grow into a fungus
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http://www.researchandmarkets.com/reports/2329976/ PESTLE Analysis of India 2012 Description: India has experienced a steady GDP growth rate of 8% during the last five years. The subcontinent’s economy is expected to continue its growth momentum over the next five years. Strong domestic demand and a burgeoning middle class are expected to continue driving the Indian economy to new heights during the forecast period of 2012-2017. Lucintel‚ a leading global management consulting and market research
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1. Francisco Alonso Liongson - Outstanding Philippine playwright in Spanish and founding president of Circulo Escenico‚ Pampanga’s Spanish theatrical group that became nationally renowned. 2. Aurelio Tolentino - one of the mystics of the Katipunan‚ a compadre of Andres Bonifacio‚ a nationalist writer in both Kapampangan and Tagalog. He coined the worddula for drama and ironically became known in history as the Father of Tagalog Drama for his anti-US colonial masterpiece Kahapon‚ Ngayon at Bukas
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financial markets have to ECG machines for economies. By this diagnostic measure the invalids in Europe’s medical ward are making a remarkable recovery. On January 10th the interest rate on Spanish ten-year government bonds fell below 5% for the first time in almost a year. Even though rates then ticked up a tad‚ the cost of new government borrowing is now about 2.5 percentage points lower than it was when worries over a break-up of the euro area peaked in July 2012 (see left-hand chart). The Italian patient
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The economy of Norway has undergone growth since 2009. The economy is doing relatively stable over a decade (2002-2012)1 i.e. low unemployment rate‚ steady growth‚ low inflation etc. even in the 2008 financial crisis‚ Norway was being hit lesser than other Europe country2. There are a few highlights regarding Norway’s economy performances. Strength | Challenges | * High GDP per capita * Mild and stable inflation * Increase in money supply * Reduction in unemployment | * Appreciation
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rebuild itself and become one of the leading economies in the world. The German government played an important role in the rejuvenation of the economy so the German state and the economic system are closely intertwined. The relationship between state and market in Germany is known as the social market economy. Germany’s social market economy defied expectations and by the 1960s it was the envied by most of the world. The success of the German economy is due to government intervention in the market
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Why women will impact global economy as much as China By Beth Brooke‚ Special to CNN October 25‚ 2012 Just recently‚ Booz & Company published new data outlining compelling evidence that women can be powerful drivers of economic growth. Their estimates show that if female employment rates were to match male rates‚ overall GDP would grow significantly in the U.S. by 5%‚ in Japan by 9%‚ and in developing countries like Egypt by a massive 34%. The World Economic Forum also published their annual
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Economic Growth Economic growth is defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living standards and rising employment. Short term growth is measured by the annual % change in real GDP. Economic growth is an increase in real national output or an expansion of the economy’s long-run productive potential. It is measured by the percentage change in real GDP or GNP. Inevitably there are fluctuations in the rate of growth
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Marketing Assignment 2012 Introduction Honda Motors Company‚ Limited (本田技研工業株式会社)‚ is a Japanese corporation that was known for being the largest and most popular motorcycle manufacturer in the year 1958. (Gardinar‚ n.d.) Few years after the release of Honda’s all time loved Super Cub motorcycle line‚ Loh Boon Siew‚ the founder of Boon Siew Honda‚ received the distributorship for Honda motorcycles. As a result of close ties with Mr Honda‚ Loh too‚ was able to gain hold of a distributorship for
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