rates associated with a large number of women entering the workforce‚ caused a spending spree that resulted in high inflation. To reduce the rise in prices the Federal Reserve raised the prime interest rate to 21.5 percent in December1980. When the economy is in a deep recession and the unemployment rate is high‚ setting low interest rates has little effect on consumer purchasing. When the Federal Reserve could not use interest rates
Premium Inflation Monetary policy
* * Home * About Site * Content Quality Guidelines * * * * * * Suggest Us * Report Errors * Contact Us 1036 Words Essay on Indian Economy: Adopting New Approach By Dipti After independence‚ India chartered a path of economic development based on mixed economy‚ building a new industrial structure around the public sector and a closely monitored‚ regulated and controlled system where government played the role of licenser in the process of building
Premium India Economics Economic development
METHODS of PARAGRAPH DEVELOPMENT DEFINITION Topic: Laptop – meaning and function A laptop is a compact type of personal computer. It is made to be handy and accessible to use. It can be battery operated or can be plugged to the AC outlet. Most businessmen and professionals who are always mobile are using it for their work. Even students now have laptops for their studies. Although it is compact‚ it is still equipped with proper speed to do fast computations‚ analysis‚ and graphics designing
Premium High school Heavy metal music Middle school
Methods of Developing a Paragraph 1. Narration My New Career The morning of my big job interview started like any other. I awoke with a good night’s sleep under my belt determined and confident in getting a new job as a swamper for Williams Moving and Storage. The night before the interview‚ I practiced moving the furniture from one end of the house to the other. My roommates thought I was crazy. Arising from bed‚ I felt stronger‚ like a rodeo bull waiting to get out of his cage. Sitting
Premium Drunk driving Love Credit card
SECTORS OF ECONOMY The three-sector theory is an economictheory which divides economies into three sectors of activity: extraction of raw materials (primary)‚ manufacturing (secondary)‚ and services (tertiary). It was developed by Colin Clark and Jean Fourastié. According to the theory‚ the main focus of aneconomy’s activity shifts from the primary‚ through the secondary and finally to the tertiary sector. Fourastié saw the process as essentially positive‚ and in The Great Hope of the Twentieth
Premium Economy Tertiary sector of the economy Industry
ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
Premium Gross domestic product Nigeria Peak oil
healthy if it affects your offspring’s brain in a negative way? Planck says “according to Chris Kresser‚ [a fellow health writer]‚’Studies have shown that children raised until age six on a vegan diet [have]… fluid intelligence‚ spatial ability and short term memory.”’ And Planck elaborates by explaining that “the formerly vegan kids scored lower than omnivorous kids every time” (Source E). vegan children are scoring lower on tests is because they could be missing out on a vitamin called B12. B12 is
Premium Nutrition Vegetarianism Meat
Essay – Our Economy The economy is consists of many factors which related to everyday life. It is the financial condition of the different sectors of the country and the world. These factors include the economic links‚ business cycle‚ interest rates‚ inflation and exchange rates. Money flows circularly through the modern economy. The macroeconomics model tells us that the level of economic activity is all depended on normal regular incomes and consumption which makes up the two sectors‚ firms and
Premium Inflation Business cycle Unemployment
Economics Assignment 2 The Indian Economy Executive Summary The Indian Economy is currently experiencing strong growth adverse to difficulties witnessed after the global financial crisis. Current GDP levels at approximately $1.5 US Dollars as the fifth largest economy in the world. The aim of this paper is to address macroeconomic conditions that may affect India’s ability to maintain high levels of growth. Monetary and Fiscal policy have been analysed and recommendations made to manage
Premium Inflation Economics
Central Bank of Belize UNDERSTANDING OUR ECONOMY Central Bank of Belize © Central Bank of Belize‚ 1999 P.O. Box 852 Belize City‚ Belize Central America Telephone: 501-223-6194 Facsimile: 501-223-6222 Email: govcenbank@btl.net ISBN: 976-8111-44-5 TABLE OF CONTENTS Preface and Acknowledgements 1 The Role of the Central Bank 2 The Financial System in Belize 3 The Banking Sector 4 The Offshore Sector 5 Development Finance Corporation 6 Supervision of the Financial System 7 International
Premium Bank Monetary policy Central bank