below the poverty line so as to focus attention on areas that are spatial poverty traps. Those unable to access even two square meals a day are considered to be the most severely deprived and hunger exists even in the supposedly better parts of India. Policy action is needed to address this. Attention is also drawn to the importance of identifying those who are vulnerable to extreme poverty due to inability to absorb the impact of shocks. Poverty is the sum total of a multiplicity of factors that include
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The government can help the economy in different ways. These methods include increasing or decreasing government spending or raising or cutting taxes. Increasing or decreasing government spending can have a flip-flop effect. On one hand‚ increasing government spending on programs like Social Security and Medicare are beneficial to Americans. However‚ if the government spends more on some programs and not on others‚ then things might become strenuous and make the economic impact more severe. For example
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Inflation and Interest Rate Interest and inflation are key to investing decisions‚ since they have a direct impact on the investment yield. When prices rise‚ the same unit of a currency is able to buy less. A sustained deterioration in the purchasing power of money is called inflation. Investors aim to preserve the value of their money by opting for investments that generate yields higher than the rate of inflation. In most developed economies‚ banks try to keep the interest rates on savings accounts
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National Development Policy - Announced in 1991 by Datuk Seri Dr. Mahathir Mohamad. - To achieve balanced progress in order to form an integrated and just society - To achieve national unity - Focused on just distribution of resources - To encourage development of all economic sectors by fair division‚ strengthen the national integration by reducing the social and economic differences between the people and build a progressive‚ productive and skillful human resources Evolution
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260 JOURNAL ECONOMICSAND FINANCE 9 Volume28 9 Number 2 9 Summer 2004 OF THE CAUSAL RELATION BETWEEN GOVERNMENT REVENUE AND SPENDING: EVIDENCE FROM EGYPT AND JORDAN By Bassam AbuAI-Foul and Hamid Baghestani* Abstract In investigating the causal relation between government revenue and spending‚ our empirical results support the tax-and-spend hypothesis for Egypt and the fiscal synchronization hypothesis for Jordan. Breaking away from these historical trends is essential for both countries to
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Globalization in Argentina has affected the country in numerous ways. There are many positives and negatives. Until 1999 globalization seemed to be the reason the country was so prosperous. Pope John Paul II stated‚ “From the ethical point of view‚ can be positive or negative. In fact‚ there is an economic globalization which brings some positive consequences‚ as the phenomenon of efficiency and increased production and‚ with the development of relations between countries in economic‚ can strengthen
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Goodrich-Rabobank Interest Rate Swap In 1983‚ both B.F. Goodrich and Rabobank needed to execute external financing in order to raise 50 million dollars for ongoing operations. Goodrich wanted to raise the money through debt financing‚ but because their bonds were BBB- rated‚ they would have to pay a steep interest rate for a fixed rate. However‚ the Solomon brothers had an idea. Goodrich could borrow with a floating rate that was tied to LIBOR and then swap interest payments with a Euromarket
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Impact of interest rate on Market Interest rate is one of the most prominent macroeconomic factors among many other macroeconomic factors. It has direct impact not only on our market but also on other macro economic factors like inflation‚ money supply and investment. Government uses this powerful tool to control money supply‚ inflation‚ recession‚ employment and also investment pattern. Over all‚ we can say that through interest rate government controls the economic phases of a country. Now in
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1) A $100 deposit today that earns an annual interest rate of 10% is worth how much at the end of two years? Assume all interest received at the end of the first year is reinvested the second year. 2) An investment of $100 today is worth $116.64 at the end of two years if it earns an annual interest rate of 8%. How much interest is earned in the first year and how much in the second year of this investment? 3) Which of the following investments has a larger future value? A $100 investment
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English Keanu Johnson Period 8 September 18‚ 2012 Teenage Birth Rate Rises Do you know where your tax dollars are being spent? Every year the government is spending tens of millions tax dollars on programs that hurt our children‚ mainly abortions. Abortions rates have risen over the years because teen sex rates have also climbed and the condom use rates has plummeted. Therefore‚ the most important issue facing our nation’s young people today is the use of abortion as a means of contraception
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