Introduction -In the wake of the dot-com industry’s collapse‚ the steep stock market drop‚ the rise of the dollar against foreign currencies‚ increased unemployment‚ and other economic factors‚ March 2001 officially began a nationwide recession that triggered budget problems in at least forty-five states. -The 2001 recession was the fourth recession in 30 years. After past recessions budget experts recommended establishing a “rainy-day fund” (saving funds during boom times in order to cushion
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activity. The Australian economy has five main sectors: individuals‚ businesses‚ financial institutions‚ international trade and the government. The first and possibly most important sector is the individuals. It is concerned with the people’s spending of income on goods and services. The economy would not operate as such without individuals as it is they who supply factors of production such as labour and business enterprise‚ which is used to produce goods and services. Business is another key
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--------------------------------------------------------------------------------------------------------------------------- I. Indicate to which the following items of GDP belong by writing C for personal consumption expenditure‚ I for gross capital formation‚ G for government spending‚ and EX for exports. Write O if it is excluded from current GDP. O 1. Payment by the government of social security benefits to a retired public school teacher G 2. Construction by government of a new road. I 3. Net additions to the stock of unsold
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keep customers choosing their shops over someone else’s. The buyer’s per capita consumption also players a role in determining attractiveness of an industry. During recessions‚ disposable income generally becomes lower and spending of consumption is cut. When consumer spending is lower‚ people are less likely to spend on snacks and coffee. Overall‚ due to the high number of users and the high volume of purchases‚ from the buyer perspective the coffee and snack industry can be considered
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assistance for an important financial institution that marks the start of a string of similar outcomes for other financial institutions. The banking crises lead to sharp declines in tax revenues‚ as well as to significant increases in government spending. On average‚ they find that government debt rises by 86 percent during the three years following a banking crisis‚ and at the end of this period‚ growth resumes slowly to reach an average annual rate of 2½ percent in the third year after the crisis
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Concept of Cost of Production: Definition and Meaning: By "Cost of Production" is meant the total sum of money required for the production of a specific quantity of output. In the word of Gulhrie and Wallace: "In Economics‚ cost of production has a special meaning. It is all of the payments or expenditures necessary to obtain the factors of production of land‚ labor‚ capital and management required to produce a commodity. It represents money costs which we want to incur in order to acquire
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Reuter’s and Comerica‚ Real GDP growth is expected to tail off from about 4.4% in 2004 to 3.2% by the end of 2006. All three of these articles identified 2004 as the best year for our economy growth wise in the current business cycle by far. Consumer spending and business investment growth are predicted to decline pretty sharply over the next two years‚ while the housing / residential construction sector is expected to show negative growth. This‚ in itself may be an indication that there may be a reverse
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interest lies in Business and Technology both. 5. Intention to read: a. The general trend that is seen is that the candidate either male or female read to learn‚ to be informed and for academics. b. The data shows that for 15% of females read out of habit as against 5% male candidates. c. 40% males read for news‚ contrary to female populations’ 5%. Reading Trends Among Students Department of Management Sciences‚ University of Pune PUMBA 2 Findings 6. The Internet followed by friends/colleagues
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thinking about undertaking a new project to add a line of golf clubs to add to their product line. Based on market research their net income will increase by 3‚240‚000 per year for seven years. When analyzing their required net working capital‚ capital spending and operating cash flow over these 7 years‚ their NPV is positive at $6‚480‚747.29. Based on these projections adding the line of gold clubs is an acceptable project for the company. The internal rate of return is greater than 14%‚ it works out to
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includes a variety of terms relevant to its study. The following terms help identify key factors that influence the U.S. economy. The Gross Domestic Product (GDP) is a measure of a country’s value based on goods produced‚ services rendered‚ government spending‚ and the difference of exports minus imports. The Real GDP is the measure of the output of GDP that is acclimated for inflation or deflation. The Nominal GDP is a little different in such that the change in price is not accounted for. Unemployment
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