Recession hits local retail industry hard http://www-rohan.sdsu.edu/~gopez/story1.html San Diego County retail sales Home | Overview | The Data | Final Project | Story Highlights San Diego retail trade sales decreased 7.5 percent in 2008 when adjusted for inflation. Small and large retail businesses have made cuts to decrease losses. Economist says sales will remain stagnant in the near future because of debt‚ the collapse of the housing market and high unemployment Recession hits local
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stated that a country is in a recession? The business cycle shows the alternating rises and declines in the level of economic activity‚ sometimes over several years. The Natural Rate of Unemployment takes into account structural and frictional unemployment‚ and ignores cyclical unemployment. It represents the hypothetical unemployment rate consistent with the Real GDP in the long-run. Before stating that a country is in a recession‚ it must be true that there is
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1a. Technology and innovation are two of the most important parts of economic growth in a country. For a country’s economy to grow you have to either increase the number of inputs in production‚ or you have to find a way to increase your output with the same number of inputs. This is essentially what technology has done for most economies. In the Solow model they take the standard Cobb Douglas function Y = F(K‚ L) to show how growth in capital stock and labor force affect the economy and how they
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Is marriage necessary or not? Human beings are subject to evolution‚ not only physical but mental too. During this evolution some of the human inventions evolved too and one of these inventions is the marriage. Even though‚ the marriage invention could be attributed to religion; the marriage still continues to be a human invention. Going back 40 or 50 years we will see people living a happy ever after story in the marriage and some of those marriages still continue together until our days. Where
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University of Phoenix Material Macroeconomic Terms Describe the following terms in your words. Term Definition Gross Domestic Product (GDP) Is the total market value of a country’s goods and services been produced or made within that country for a precise period of time. It is also known as the toatal value of a nation’s goods and services produced domestically in that particular year. Real GDP Is the calculation of an economy which involves the quantifying of inflation on how the market
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Abstract A recession is full-proof sign of declined activity within the economic environment. Many economists generally define the attributes of a recession are two consecutive quarters with declining GDP. Many factors contribute to an economy’s fall into a recession‚ but the major cause argued is inflation. As individuals or even businesses try to cut costs and spending this causes GDP to decline‚ unemployment rate can rise due to less spending which can be one of the combined factors when
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Macroeconomics New Zealand 2001 | May 12 2011 | This document contains 1552 words without the Harvard style referencing and the table of contents. | | ------------------------------------------------- Created by: Rausch Péter ------------------------------------------------- Module: Macroeconomics ------------------------------------------------- Contents Economic profile of New Zealand 3 Rate of GDP Growth 4 Stance of Fiscal policy 6 Government spending 2001 6 Financial
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EC301 Open-Book Midterm Exam (Weight 110 points) 1. (7 points) How are presidential election outcomes related to the performance of the economy? 2. (7 points) Discuss the difference between Microeconomics and Macroeconomics. 3. (10 points) Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. “In 1933 net private domestic investment was minus $6 billion. This means that in that particular
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Course name: Macroeconomics FINAL 1. The two large macroeconomies I selected are China and the United States. 2a. GDP and GDP growth rate Found on http://www.tradingeconomics.com/Economics/Interest-Rate.aspx?Symbol=CNY China U.S. GDP per capita 2000- 949 34606 2001- 1021 34518 2002- 1106 34747 2003- 1209 35318 2004- 1323 36272 2005- 1452 37050 2006- 1612 37757 2007- 1811 38138 2008- 1963 38206 2009- NA NA China U.S. GDP growth rate (avg) 2000- 7.68 4.15
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Born with Kavasam and Kundalam (Armour and ear-rings)‚ and bequeathed as a gift from the Sun God to an unwed Kunti (M. V. Rajamma)‚ Karnan is abandoned so as to prevent embarrassment for her. He is set afloat in the Ganga‚ rescued and adopted by a charioteer‚ who is employed withDhritarashtra‚ the blind king. Years later‚ the now-grown up Karnan (Sivaji Ganesan) realizes that the charioteer is his foster father only‚ thus heartbroken. He however masters archery and challenges Arjun (R. Muthuraman)
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