What is the aggregate demand (AD) curve‚ why does it slope downward‚ and what causes it to shift? shows all the combinations of inflation and real growth that are consistent with a specified rate of spending growth -wealth effect‚ interest rate effect‚ net export effect A decrease in c (inward SR) Increase in MS (right) Collapse in housing mkt (left) 3. What is a long-run equilibrium and what does it imply about the economy? Long Run Equilibrium The long run equilibrium occurs where
Premium Macroeconomics Inflation Economics
TOPIC AN INQUIRY INTO THE PERPETUAL FISCAL DEFICIT IN ZIMBABWE. IS TAXATION THE SOLUTION 1.1 Background Zimbabwe‚ once a vibrant and diversified economy and hope for Africa’s future‚ was on the verge of collapse had it not been for the introduction of the multi-currency system after the formation of the inclusive government. It has had a perpetual fiscal deficit post 1990 accompanied by high inflation‚ negative economic growth‚ high unemployment and a reduction in the standard of living as
Premium Public finance Tax Deficit
The Tax Code is inexorably linked to social policy. Is this a good or bad thing? Government policy should be designed to create greater good for the society and the economy at large. I think the tax laws pertaining to health care have been successful in making health care insurance more accessible‚ and in keeping health care costs confined to an affordable range. However‚ there are times when our representatives in Washington attempt to engineer people’s behavior‚ not to address the greater needs
Premium Taxation in the United States Tax Taxation
and Negative Effects of Social Media Social media is everywhere. Every day‚ thousands of people are logging on to social networking websites People talk the social media slang without even knowing it these days. Our world revolves around Facebook‚ Twitter and other social media sites. Like every coin has two sides even this has its own pro’s and con’s.One thing that users may not realize is the effect that social media is having on society There are some positive effects of social networking.
Premium Social network service Facebook Twitter
Are monetary disturbances and fiscal deficits inflationary? Empirical evidence from Malaysia Associate Professor Dr Tan Juat Hong College of Graduate Studies‚ Universiti Tenaga Nasional‚ Malaysia ABSTRACT: The study uses the VAR model to investigate the responses of domestic inflation to monetary and fiscal policies‚ with output as the scale variable. The results show that domestic inflation responds positively to monetary policy shocks but not to fiscal deficits. If one assumes the velocity of
Premium Inflation Monetary policy
Over the past few years‚ social networking websites such as Facebook and Myspace have exploded in popularity‚ especially among children and teenagers. The social networks as Facebook‚ MySpace and others are all “virtual places” where people find themselves and share information. Nowadays‚ social networks are the best tools for communication‚ though in the first place they were used only for university purposes‚ where students and colleagues stayed in contact with each other after works or studies
Premium Social network service Facebook
GLOBALISATION AND INDIA-CHINA RELATIONS There is a shift in the nature of the relations between India and China from a purely territotial perspective in the post-independence period to the economic perspective in the post globalization and liberalization period .This has resulted in both positive and negative ramifications because of both state and non-state factors. POSITIVE IMPACTS: TRADE: The trade between the two countries has been increasing since the 1990s and has reached $67 billion
Premium International trade Developed country South China Sea
Bullying Effects Social Development. Ashley Price Psy/201 Mrs. Rawl Campbell-Dunn Bullying Effects Social Development Bullying among elementary school children and teenagers is a problem schools are having everywhere in the United States. Kids with Attention-Deficit/Hyperactivity Disorder (AD/HD) or learning disabilities (LD) are vulnerable to having problems with bullies. Reducing bullying behaviors has become a very large concern with in parents‚ schools‚ and communities because; when
Premium Bullying Abuse Self-esteem
Social Policy is that part of public policy that focuses on improving human conditions i.e. well-being of the public. Social Policy‚ therefore‚ is about welfare. It concentrates on social problems such especially issues of education‚ health‚ housing‚ social security and income support. According to Beveridge’s report that was published in 1942 and included in the Labour Party’s 1945 manifesto‚ Five Giant Social Evils had undermined the British society before the war: ignorance‚ disease‚ squalor‚
Free Sociology Social sciences Economics
Social capital refers to the connection between social networks and how economical valuable they can be. The negative effect of social capital sometime stems from the environment or the individual’s mental health. These two things could potentially shape someone’s growth and economic prosperity. Something to take into account is the negative effect of social capital that stems the environment. To start‚ A crime improvise neighborhood would probably not the best place to gain social capital
Premium Mental disorder Drug addiction Psychiatry