a certain rate. But there can be a lower limit of rate of growth. If the growth rate of GDP is below this lower limit‚ then it will not be adequate for keeping the economy on the path of self-sustained and steady growth and under these circumstances living standards of the mass of the population may not improve at all. India’s growth performance has always been modest. METHODOLOGY: So we can express GDP as Y=C+I+G+NX This is called the income-expenditure identity. Savings is the excess
Premium Investment Economics Capital accumulation
Project on INFLATION -SUBMITTED BY CHIKKAM.SAI ALEKHYA DANNY VARGHESE DEEPAK SAKTHIVEL DEEPTHI MOHAN GIRISH GANGADHARAN TABLE OF CONTENTS Inflation Measures of inflation Measures of inflation in India CPI Types WPI Calculation of WPI New series of CPI CPI Urban/Rural How Inflation is related with GDP? Relationship between broad money supply and WPI/CPI Announcement of hike in DA for government employees cause inflation? Impact of elections on inflation Hypothesis
Premium Inflation
emphasis on Public Sector/Service Budgets Moolchand Raghunandan (Lecturer in Accounting) Narendra Ramgulam (M.Sc. Student) Koshina Raghunandan-Mohammed (Assistant Lecturer in Accounting) With significant contributions from: Donna Fyfe/Balraj Kistow/Inshan Allaham/Raul K. Raghunandan M.Sc. Students Department of Management Studies The University of the West Indies St. Augustine Campus Abstract Budgets are part of management control designed to promote the efficient use of resources
Premium Management Budget Finance
and Disadvantages of private/public sector partnership. Introduction The effective management of tourism at destination level can only truly be achieved through partnership‚ due to the number and complexity of stakeholders. For a long time‚ national and local governments have talked about partnership as a means to increase joined-up thinking and public/private sector involvement. The tourism sector‚ because of the nature of the work in engaging the private sector and working across boundaries
Premium Corporation Limited liability partnership
INFLATIONUNEMPLOYMENT AND INFLATION Student: ___________________________________________________________________________ 1. Inflation caused by a rise in per unit production costs is referred to as: A. Cost-push inflation B. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation 2. The view that unions may be a source of inflation would be best associated with the: A. Supply-shock view of inflation B. Cost-push view of inflation C. Wage-push view of inflation D. Demand-pull view
Premium Inflation Unemployment
service and provide good product to our consumers . First thing we will provide a good consumers service and after sale service ‚ hope the consumers came to our retail shop can enjoy our service ‚thus maybe they will buy more. Second ‚ we will use the lower produce cost to make our product ‚ but the quality we will keep in the top level ‚ definitely not affect under the lower produce cost. Lastly ‚ about detail of after sale service for the product is means that if the consumers brought our
Premium United States Republic of China Developed country
INFLATION: Inflation is a sustained increase in the general price level leading to a fall in the purchasing power of money. Inflationary pressures can come from domestic and external sources and from both the supply and demand side of the economy. FACTORS OF INFLATION: Inflation is defined as the rate (%) at which the general price level of goods and services is rising‚ causing purchasing power to fall. This is different from a rise and fall in the price of a particular good or service.
Premium Inflation Supply and demand
GDP consists of Gross (before taking into consideration the depreciation in the value of the product)‚ Domestic (within the borders of a country) and Product which simply means a good or service. So what does it all mean when all these three factors are interlinked? GDP is simply the market value of all the final goods and services produced within a country in a given time period – usually a year (Parkin et al. 2005: 438). The definition of GDP is composed of four parts. Firstly‚ we have to take
Premium Gross domestic product Economics Goods
Compare and Contrast Between The Private and Public Sector The basis of the establishment or incorporation of enterprises in the public and private sectors is to produce and distribute goods and/or services to members of the general public. However‚ the rules by which these are governed make them distinguishable. While similarities can be seen between businesses in these two sectors‚ the contrasting objectives‚ policies and procedures aptly identifies the respective sect. The following further
Premium Corporation Public sector Limited company
Inflation Targeting Guillermo Ortiz Martínez INTRODUCTION This paper discusses several issues regarding inflation targeting to illustrate how this well-known framework has influenced the implementation of monetary policy in several economies‚ particularly in emerging markets. It also discusses some of the challenges ahead. Over the years‚ it has been clearly accepted that one of the contributions of inflation targeting has been its provision of a framework within which to systematically
Premium Inflation Monetary policy Central bank