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Your search returned over 400 essays for "Economic inflation"
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The Best Economic Environment for Inflation Targeting - ... (Figure1) Accordingly, demerits of IT are supposed to be pointed out as well. Several studies have revealed four obvious disadvantages: too much rigidity, tolerating much discretion, underlying output instability and low economic growth (Mishkin, 2000).Nevertheless, Mishkin indicated that they were not imperative to a well-designed and properly controlled strategy. In addition, taken from the experience of some industrialized countries adopting IT, nominal variables-output and employment tend to recover to the initial level once the low inflation is achieved(Mishkin,2010).There still exists a trade-off between output and inflation variability(Figure2),unemployment and inflation(Figure3)....   [tags: Monetary Systems, Global Finance]
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1121 words
(3.2 pages)
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To What Extent is Inflation a serious Economic Problem - To What Extent is Inflation a serious Economic Problem ====================================================== Before considering whether Inflation has serious Economic Problems, we have to get to grasp what it exactly is. Inflation is defined as a sustained general rise in prices in the Economy. Obviously the government can't measure every single price change for every single good in the economy, so therefore they take a basket of goods and by using a price index measure a change in it. The basket of good has a representative range of goods and services and it needs to be recorded at a regular basis, to measure how inflation is changing....   [tags: Economics] 1667 words
(4.8 pages)
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Effects of a Pluralistic Democracy - ... With growing mistrust of the U.S. dollar abroad, largely the result of the 2008 global recession, running trillion dollar deficits will only exacerbate future recessions and debase the dollar in relation to other currencies, leaving the U.S. vulnerable to having the dollar replaced by another currency as the reserve currency of the world. The Entitlement Mentality The establishment of Social Security in 1935, Medicare in 1965 and various other so-called entitlement programs have created a “entitlement mentality” in which large segments of the population have not only come to expect government funds to support them, but they demand it via interest groups like the American Association of Retired Persons (AARP)....   [tags: economic problems, American economy, inflation] 1292 words
(3.7 pages)
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Inflation - Inflation defines as an increase in the price you pay or a decline in the purchasing power of money. In other words, price inflation is when prices get higher or it takes more money to buy the same item. Interest rates are increased to moderate demand and inflation and they are reduced to stimulate demand. Monetary policy aims to influence the overall level of monetary demand in the economy so that it grows broadly in line with the economy's ability to produce goods and services. This stops output rising too quickly or slowly....   [tags: Economics Economy Price Inflation] 951 words
(2.7 pages)
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Rising Inflation in the UK - ... Aggregate demand is likely to rise at some point, possibly due to expansionary fiscal and monetary policies implemented by the government, to stop a fall in national output. AD moves to AD1, and a move to point d occurs. The increase in AD is not what causes inflation in this instance, as demand has only increased due to increased costs, therefore Cost-push inflation occurs. Policies can be implemented to counter both of these processes, but they all can have different effects on a nation’s economy There are two main ways to combat inflation; Demand side and supply side policies try to reduce inflation by focusing on demand-pull inflation and cost-push inflation respectively....   [tags: Economic Theory, Monetary Policy]
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1391 words
(4 pages)
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Making Money From Inflation - Making Money from Inflation Inflation is the all-encompassing and continued rise taken together level of prices measured by an index of the cost of various goods and services. Recurring price increases erode the purchasing power of money and other financial assets with fixed values, creating grave economic distortions and uncertainty. Inflation results when actual economic pressures and anticipation of future developments cause the demand for goods and services to exceed the supply available at existing prices or when available output is restricted by faltering productivity and marketplace constraints....   [tags: Economics Inflation Strategy] 1359 words
(3.9 pages)
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Inflation - Inflation INFLATION CAN OUR ECONOMY GROW WITHOUT IT. INFLATION CAN OUR ECONOMY GROW WITHOUT IT. What is inflation. The definition of inflation, according to Webster’s Revised Unabridged Dictionary, is “an undue expansion or increase, from overissue.” Although, Webster’s is considered by most to be the overall best dictionary, WordNet states the meaning of inflation a lot clearer by saying, “it’s a general and progressive increase in prices.” It occurs when the value of goods rises faster than the value of money....   [tags: Economics]
:: 4 Sources Cited
1098 words
(3.1 pages)
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Inflation - By the beginning of the 1980s, double-digit rates of inflation had become so pervasive among industrialized economies that they were viewed as a major deterrent to global economic growth. Since then, an explicit policy goal of low inflation has become a mantra for policymakers, and many countries, such as the U.K., New Zealand, Australia, Japan, Sweden, and the eleven countries under the European Central Bank (ECB), have enacted fundamental reforms to achieve that goal. Specifically, they have made their central banks more independent and thus insulated them from the temptations of inflationary finance; furthermore, in most of these cases, as well as in the U.S., central banks have practiced a greater degree of openness or transparency about monetary policy decisionmaking to give the private sector a better opportunity to monitor their activities....   [tags: Economics Economy] 1903 words
(5.4 pages)
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The Issue of Inflation Control as an Objectice of Central Banks - The Issue of Inflation Control as an Objectice of Central Banks This paper looks at the issue of inflation control as an objective of central banks. Viewing the British Commonwealth and Continental European models of ‘zero inflation’ in contrast with the moderate inflation policy of the US provides a case against zero inflation as a policy objective. A variety of issues that surround inflation; e.g., the inflation/unemployment relationship, etc, will be brought to the fore. In the final analysis, it is clear that efforts to eradicate inflation are misguided and more moderate inflation is preferable in an era where steady economic growth is desirable....   [tags: Hyper Inflation Economy Economics Essays]
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4401 words
(12.6 pages)
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Germany and the Inflation - The road to the inflation era started with the terms of the Treaty of Versailles. The main clauses of the treaty stripped Germany of her overseas colonies as well as took chunks of German territory from the west and east. It also aimed to demilitarize the country by forcing her to downsize her navy to only six battleships, as well as reduce the army from around seven hundred fifty thousand troops to only one hundred thousand. In additional the country was forbidden from making or using heavy artillery or tanks....   [tags: History] 1872 words
(5.3 pages)
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Inflation Targeting - It widely recognized that the monetary policy within a country should be primarily concerned with the pursuit of price stability. However, it is still not clear how this objective can be achieved most effectively. This debate remains unsettled, but an increasing number of countries have adopted inflation targeting as their monetary policy framework. (Dr E J van der Merwe, 2002) This topic of Inflation targeting is a subject which immediately conjures different perceptions from different people. Many feel that low inflation should be a main aim of monetary policy, while others (such as trade union activists) believe that a higher growth rate to stimulate jobs should be the main concern....   [tags: Economics] 1838 words
(5.3 pages)
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Effects of Inflation - Effects of Inflation Inflation is the most commonly used economic term in the popular media. A Nexis search in 1996 found 872,000 news stories over the past twenty years that used the word inflation. "Unemployment" ran a distant second. Public concern about inflation generally heats up in step with inflation itself. Though economists do not always agree about when inflation starts to interfere with market signals, the public tends to express serious alarm once the inflation rate rises above 5 or 6 percent....   [tags: Economy Economics Money Essays] 2891 words
(8.3 pages)
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Inflation In Vietnam - Vietnam’s inflation last month, 27%, reached highest position in asia. Prices of everything go all the way up, especially necessities like gasoline, food and clothes (e.g: food prices increased 74%). Overdose foreign investment and technologically backward industry seemed to be the causes. Besides, overty rate has reduced to 15% from 58% since 1993, but now it is likely to raise again. Some workers who led vietnam’s rise from poverty are suffering from expensive city life, planning to return to their rural home....   [tags: Economy Vietnam Economics] 719 words
(2.1 pages)
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The Impact of the Global Financial Crisis on Inflation - The impact of the Global Financial Crisis on inflation After the onset of the global economic recession in 2008, inflationary pressures were relieved. Slower economic growth and incomes growth lessened the ability of businesses to increase consumer prices, while also decreasing demand for labour and materials trimmed down inflationary pressures on business costs. By 2009, both headline and underlying inflation fell to the lower end of the Reserve Bank’s inflation target band between 2-3% where the Treasury forecasted inflation (CPI) to be 1.5% in 2008-09....   [tags: Economics ]
:: 7 Works Cited
356 words
(1 pages)
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The Meaning of Inflation - The Meaning of Inflation There are four macroeconomic policy objectives that a government pursues: high and stable economic growth, low unemployment, low inflation, the avoidance of balance of payments deficits and excessive exchange rate fluctuations. Some of these policy objectives may conflict with each other depending on the priorities of the government. A policy designed to accelerate the rate of economic growth may result in a higher rate of inflation and balance of payment deficit....   [tags: Papers] 1090 words
(3.1 pages)
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Money And Inflation - Money and Inflation The nation's economic stability has many factors which amount to inflation. Inflation may be caused by a number of problems, but there are some specific examples which have direct control over which way the prices and spending sway. Inflation simply means that the American dollar, in this case, is less valuable on the foreign exchange market and the gold standard is moved to higher prices; which simply means that more currency is needed to exchange for gold. Any slight change in investments or a company's cost premium could change the entire economy because of the domino effect acting on the rest of society....   [tags: essays research papers] 569 words
(1.6 pages)
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Global Inflation and Unemployment - Article summary This article by Andrew McCathie posted in EarthTimes and titled “European inflation climbs unemployment at 12-year high was posted on Friday July 30 2010. The article reports that food and energy costs have played a critical role in driving up inflation in the 16-member eurozone. The rates of unemployment remained stagnant to its highest level during this time. Introduction The recent global financial crisis that affected not only America but also Europe and other parts of the world resulted in massive unemployment....   [tags: economy, jobs, financial] 1280 words
(3.7 pages)
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Relationship Between Inflation and Unemployment - Inflation and unemployment are two key elements when evaluating a whole economy and it is also easy to get those figures from National Bureau of Statistics when you want to evaluate it. However, the relationship between them is a controversial topic, which has been debated by economists for decades. From some famous economists such as Paul Samuelson, Milton Freidman etc to some infamous economists, this topic received a lot of attention. However, it is this debate that makes the thinking about it evolve....   [tags: Economics] 1860 words
(5.3 pages)
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Inflation and Its Effects on Investment - Inflation and Its Effects on Investment For world economic markets, inflation is a fairly new experience as for much of the pre-twentieth century there had been little upward pressure on prices due to gold and other metallic standards. These backed currencies limited governments’ abilities to create new money. So at the end of the gold standard strong political pressures often caused governments to issue more money increasing the money supply and therefor the price level. Inflation reflects a situation where the demand for goods and services exceeds their supply in the economy(Hall, 1982)....   [tags: Finance Financial Economics Essays]
:: 5 Works Cited
1361 words
(3.9 pages)
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The Evolution Of Inflation In Romania - The Evolution of Inflation in Romania (Charts not available) As in other centrally planned economies, most consumer prices in Romania were fixed before the 1989 revolution. However, with the liberalization of economic policy dramatic changes occurred and high inflation was, and still is, expected to remain one of Romania¡¦s key short-term economic concerns....   [tags: Economy Economics] 1969 words
(5.6 pages)
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Government Budgets on Inflation - Government Budgets on Inflation Problems with format ?Since Greece and Italy are in the European Union and have both joined the European Monetary Union, one might think that they would have fairly stable economies, and Turkey would be the unstable one of the three.. But that is not necessarily true.. Although Turkey does have more of an unsteady economy, Italy and Greece?s were not doing so well in the recent past.. Looking at each country separately then comparing the three is the best way to see how the government budgets affect the inflation rates of Greece, Italy and Turkey.....   [tags: Economics Economy Essays]
:: 5 Works Cited
1720 words
(4.9 pages)
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Inflation Targeting Monetary Policy in the UK in 1992-1997: Was It Successful? - Increase in international economic integration necessitates countries to determine an appropriate monetary policy. It means the control of the money supply or interest rate by the monetary authority (Lipsey and Crystal, 2007). The main purpose of it is to provide the economic stability and growth. The mechanism that provides these changes in the monetary policy is called the monetary transmission mechanism (MTM). Therefore, the aim of this essay is to discuss and analyze the role of the MTM in solving macroeconomic problems....   [tags: Economics ]
:: 12 Works Cited
1282 words
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The effects of inflation on the labor market - Objective: The effect of inflation on the job market The Effects of inflation on the Job Market In the major industrial countries, low unemployment usually creates inflationary pressures. But during the recent economic expansion in the United States, prices have held steady despite low unemployment. Inflation is generally defined as an upward directional increase in the average of prices. Most people tend to be concerned about it because it reduces the purchasing power of the income earned by households....   [tags: essays research papers] 822 words
(2.3 pages)
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Far East Asia's Economic Data - ... There is still a high degree of uncertainty to our forecasts given the evolving situation in the developed markets. On the positive front, the correction in commodity prices, particularly oil, should be a net positive windfall for most of Asia not only in terms of trade (Malaysia is the exception) but also eases constraints on monetary policy by alleviating pressures on inflation. We think this is particularly important in countries like India where RBI has hiked most aggressively (325bps and 375bps on reverse repo/repo rate, respectively), fuel subsidies are being cut and the fuel weight in the WPI basket is particularly high....   [tags: Trade, Economic Growth] 1050 words
(3 pages)
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Role of Federal Rate in Economics - ... Unemployment can also be directly affected by the Federal Reserve. If the Federal rate goes up, there will be less spending which means less revenue for businesses. If revenues do not result in a profit, then businesses will not operate at the same rate, resulting in scaling back operations. Cut backs could be that employees take pay cuts, resulting in even less money available for spending. Cut backs can also be that the number of employees is reduced, causing the remaining workers take on more of a work load....   [tags: Recession, Money Flow, Inflation]
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998 words
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Inflation Targeting: Central Banks Should Not Go For It - A Project Report on Inflation Targeting: Should Central Bank go for it. Economic Environment and Policy INFLATION TARGETING Definition Inflation targeting framework refers to a set of economic policies adopted by the central bank wherein it announces a projected or "target" inflation rate and strives to achieve that figure using measures like interest rate changes and other monetary tools. Elements of Inflation Targeting[1] · Announcement of an explicit quantitative inflation target or range for some period of time....   [tags: Economics] 1100 words
(3.1 pages)
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The Great Inflation - The Great Inflation In late-1922 the German government were forced to ask the Allies for a moratorium on reparations payments; this was refused, and she then defaulted on shipments of both coal and timber to France. By January of the following year, French and Belgian troops had entered and occupied the Ruhr. The German people, perhaps for the first time since 1914, united behind their government, and passive resistance to the occupying troops was ordered. A government-funded strike began as thousands of workers marched out of their factories and steel works....   [tags: American History Essays]
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2373 words
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Inflation and Absolute Power - Throughout the years the government has gained complete control over money and its development. The government wanted control because it believes that it is easier to acquire monetary assets if they have the control over all money and, at the same time, eliminate the middle-man of trade. With the ever growing population the government came up with a way to counterfeit money to keep up with the demand of money. This counterfeiting of money created inflation. Inflation happens when there is more and more money being created, this lessens the value of each individual dollar....   [tags: power] 712 words
(2 pages)
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Money Supply and Inflation - Money Supply plays an important role in macroeconomic analysis, especially in selecting an appropriate monetary and fiscal policy. Considerably, I am yet to come across theoretical work that has been done on this topic (analysis money supply and its impact on other variable i.e. inflation, interest rate, real GDP and nominal GDP). However some other topics similar to this one have been done by AL-SHARKAS, Adel, where he uses the same technique and models on the topic ‘out put response to shocks to interest rate, inflation and stock returns....   [tags: Economy, Macroeconomics] 1726 words
(4.9 pages)
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Stop the Tuition Inflation - Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own....   [tags: Higher Education, college]
:: 14 Works Cited
2338 words
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Economic Growth - Economic Growth is the increase per capita gross domestic product (GDP). There is a distinction between nominal and real economic growth, where the first is the growth rate including inflation, while the second is the nominal rate adjusted for inflation. Moreover economic theorists distinguish short-term economic stabilization and long-term economic growth. The topic of economic growth is mainly related to the long run. Short-run variation of economic growth is termed the business cycle. The long-run path of economic growth is one of the central questions of economics....   [tags: Arabian Economy, Koreans] 2578 words
(7.4 pages)
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U.S. Economic Crisis - The United States is currently experiencing the biggest financial crisis after the Great Depression, in this paper we will discuss what caused the current economic crisis and why. Two What is the relationship between mortgages, the housing crisis and Wall Street. Third, how has this crisis affected fiscal policy and what are some of the drawbacks of government intervention. Four, what is the recession doing to GDP, economic growth and inflation and how are other countries faring. Five, discuss the different types of unemployment and why is underemployment becoming an economic issue and lastly, what should be done to get the economy back into expansion mode....   [tags: Economics] 871 words
(2.5 pages)
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Economic Indicators - Economic Indicators For the individual who watches CNN a great deal, the term Economic Indicators well recognized. However, for the individual who chooses not to make CNN a primary station, the term Economic Indicators can be extremely confusing. Economist often use very unlike terms when referring to the fluctuating economy. Economic Indicators happens to be one of the many terms that they use. So, what exactly are Economic Indicators, and what purpose do they serve. In addition to the previous stated questions, are they really that important....   [tags: essays research papers] 533 words
(1.5 pages)
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Economic Policy - Economic Policy in Recent U.S. History In the highly materialistic world that we live in, success is generally measured in financial terms. The same is true in politics, where the success of a politician, especially the President, is measured by how well the economy did during his term in office. It is specifically measured by how well they bring down unemployment, grow the economy and fight inflation. Two basic modes of thought on the subject have pervaded public policy since World War II: supply-side and demand-side economics....   [tags: essays research papers] 1575 words
(4.5 pages)
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Economic Growth and Development - Economic growth is a necessary but not sufficient condition of economic development. There is no single definition that encompasses all the aspects of economic development. The most comprehensive definition perhaps of economic development is the one given by Todaro: ‘Development is not purely an economic phenomenon but rather a multi – dimensional process involving reorganization and re orientation of the entire economic and social system. Development is a process of improving the quality of all human lives with three equally important aspects....   [tags: Economics]
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884 words
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Economic Philosophies - Economic Philosophies How much should we let the government interfere with our economy. Do we trust the government to take on the enormous responsibility of caring for our economy. Our economy is a precious thing and we must take great care of it, for it can make us powerful and prosperous or it could be the demise of our nation. Three economists – Karl Marx, Adam Smith, and John Maynard Keynes – all had opposing views on how much government interference should be present upon the economy. Karl Marx believes that the government should control the economy....   [tags: Papers] 513 words
(1.5 pages)
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Economic Development - Location Bangladesh is located in South Asia and shares borders with India to the west, the north and the east. To the southeast lies Burma. The southern shores are washed by the Bay of Bengal. Bangladesh occupies a fertile delta created by two of Asia's largest river systems, the Ganges and the Brahmiputra. Politics Bangladesh is one of the youngest nations in Asia. Until two and a half decades ago, it formed the eastern half of Pakistan; the western half lay over 2,000 km away, on the other side of India....   [tags: essays research papers fc]
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2065 words
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Product Alteration - ... According to Coca Cola Turkey (2012), the project was initiated with a main purpose of reducing consumption of glass materials. 3. Indirect Legal Considerations In most instances, companies are required to watch out for certain indirect legal requirements like higher taxation on their products in new markets. These indirect legal requirements can have a negative effect like shifting demand away from a firm’s products. For example, tobacco prices in Egypt have increasingly been taxed resulting in an increase in related products....   [tags: market, inflation, price, income, standardization]
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1152 words
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The Australian Government’s Implementation of the Economic Stimulus Plan - Inflation can be described as the sustained increase in the general level of prices over a given period of time, usually one year. Inflation can have negative effects on many of the key economic outcomes such as economic growth, exports, international competitiveness and income inequality. Inflation is measured in Australia by the Consumer Price Index (CPI); the CPI outlines the movement in the prices of a basket of goods and services that are weighted according to their importance for the average Australian household....   [tags: Economics]
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752 words
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Current Economic Analysis - Current Economic Analysis Economics Define unemployment. Provide an example of the three types of unemployment. Which type of unemployment is most problematic and why. What type of unemployment problem(s) does the U.S. currently have and why. What is a possible solution to the unemployment problem(s). Unemployment is the failure of a person to find jobs. (Schiller, 2006) This means that an unemployed person is one that is capable of working and is actively seeking for a job but is unable to find employment, which means that, this person is an active member of the labor force in search for job opportunities but unable to find one....   [tags: Economics Economy] 1989 words
(5.7 pages)
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Uk Economic Policy - At present, UK monetary policy is founded on an inflation target and central bank independence. Critically assess the extent to which the theoretical and empirical work of macroeconomists has influenced this current monetary policy framework. Developments in macroeconomic policy are generally as a result of critical analysis over time and each of the Macroeconomists reviewed in this essay have provided this for their predecessors. In our current framework it is evident that the policies applied are all influenced, in part, by these economists....   [tags: Monetary Policy Economics] 1470 words
(4.2 pages)
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Understanding the Economic Recession in America - The economic recession of the late 2000s has been called the greatest economic downturn our country has faced since the Great Depression. American businesses and banks are failing, foreclosures are spreading like wildfire, and unemployment numbers have reached double digits. Under our current president, many are optimistic, but many others are fearful for the future. Economists have different speculations regarding the causes of the “Great Recession”. Some blame it on higher prices for necessities like oil....   [tags: economy, government criticism, analysis]
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Reagan’s Economic Policy - As President, Ronald Reagan encountered many significant events; from surviving an assassination attempt, to the space shuttle Challenger disaster. Perhaps the most significant event was the economic downturn. He came to office (much like President Obama) in the midst of an economic crisis; however, President Reagan was able to turn the economy around. How did he do this. In order to answer this question, you must first ask what the economy was like when he was sworn into office, how his policy changed from the prior administration’s policy, and how it contrasts our present economic policy....   [tags: US Government]
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Reasons for Zimbabwe's Economic Decline - Several decades ago, Zimbabwe was a country with good prospects, being the most rapidly developing African country. Nevertheless, few countries in Africa managed to continue prospering in XXI century, but Zimbabwe did not. Zimbabwean economy lies at the bottom of GDP ratings, faced one of the largest rates of hyperinflation in common history and does not develop due to corrupt administration and insufficient policy. Moreover, the Reserve Bank of Zimbabwe is responsible for printing money for government spending while Zimbabwean people are dying as a cause of famine, venereal diseases and poverty....   [tags: Economy, Africa]
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1054 words
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Ireland Economic Crisis - ... Ireland had to lower the “personal income tax bands and credits”, or anything equivalent (Ireland). There had to be a “reduction in pension tax relief and pension related deductions” (Ireland). In addition, there had to be a reduction in general tax expenditures, in private pension tax reliefs and general tax expenditures (Ireland). Furthermore, there had to be a Site Valuation Tax to fund local services, a property tax to raise € 200 from most homeowners by 2014 (Peston). In addition, there need to be a reform of capital gains tax and acquisitions tax since it had currently been strictly based on the collapsed property market, and an increase in carbon tax (Ireland)....   [tags: economy, EU, debt, IMF, financial support]
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Overview on Inflation Targeting as a Monetary Policy Strategy - ... Important thing to mention as well is that majority of countries that adopted inflation targeting went through a phase of disinflation. First they reduced inflation, by “setting year by year targets” and then adopted stable inflation targets. This will be discussed more thoroughly later on. Advantages of inflation targeting Monetary policy performance has been quite good in inflation targeting economies. Inflation rates and inflation expectations are significantly reduced. So what are the main advantages of inflation targeting as monetary policy strategy....   [tags: transition economies, macroeconomic policy]
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2590 words
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Mexican Economic Crisis - After nearly a decade of stagnant economic activity and high inflation in Mexico, the Mexican government liberalized the trade sector in 1985, adopted an economic stabilization plan at the end of 1987, and gradually introduced market-oriented institutions. Those reforms led to the resumption of economic growth, which averaged 3.1 percent per year between 1989 and 1994. In 1993 inflation was brought down to single-digit levels for the first time in more than two decades. As its economic reforms advanced, Mexico began to attract more foreign investment, a development helped by the absence of major restrictions on capital inflows, especially in the context of low U.S....   [tags: Economics Economy] 866 words
(2.5 pages)
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Malaysian Economic Policy and FDI - Malaysian Economic Policy and FDI BACKGROUND AND COUNTRY ATTRACTIVENESS. Malaysia is the second fastest growing economy in the South East Asian region with an average Gross National Product (GNP) growth of eight-plus percent per year in the last seven years. Since independence in 1957, Malaysia has moved from an agriculturally based economy to a more diversified and export oriented one. The Malaysian market is fairly openly oriented, with tariffs only averaging approximately fifteen percent and almost non-existent non-tariff barriers and foreign exchange controls....   [tags: History Economics Malasya Essays] 3547 words
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Malaysian Economic Miracle - Malaysian Economic Miracle Malaysia is a country with developing economy. It belongs to group of the richest and developed countries among developing countries - to the group of New Industrial Countries. “In 2007, the economy of Malaysia was the 29th largest economy in the world by purchasing power parity with gross domestic product for 2007 was estimated to be $357.9 billion”-(from Wikipedia,free Encyclopedia). Nowadays Malaysia became the world’s largest producer of tin, rubber, and palm oil....   [tags: Economics Malaysia Economy] 1644 words
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The New International Economic Order - The New International Economic Order The gap between the rich and the poor is growing more and more every day. Something has got to be done to solve this issue. In 1974 members of the Third World gathered together at the United Nations. Their purpose was to find the answers to solve the gap between the rich and the poor. A total of seventy-seven members proposed the NIEO, hoping this might solve the gap. The NIEO stands for the New International Economic Order. Its aim was to bring the rich and the poor countries together to discuss issues that might bring the gap closer together....   [tags: Economy Economics Essays] 1029 words
(2.9 pages)
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Argentina's Economic Disaster: The Government is to Blame - Argentina's Economic Disaster: The Government is to Blame Argentina is a country with rich natural resources and abundant educated and energetic labor. Yet it fails to pull itself out of a recession that has lasted for too many years, according to its citizens. Many blame the International Money Fund (IMF), foreign influence, or political corruption for their monetary woes. However, others believe that the Argentinean government is to blame for the high unemployment rates and increased poverty....   [tags: Economics Politics]
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1287 words
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The Suffering of China as a Result of Economic Growth - The Suffering of China as a Result of Economic Growth China, as a crucial country in the world, is suffering from a variety of costs of economic growth while the economic growth is incredibly fast in recent years. A division between rich and poor, unemployment, and various external costs, unbalance of payments, unstable exchange rate consumption of non-renewable resources and the risk of inflation and banking collapse have been the common social problems in China. There is a huge gap between the rich and poor people in China....   [tags: Economics China Social Classes Essays]
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1383 words
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The Economic Future in the Year 2000 - The Economic Future in the Year 2000 The economy has performed exceptionally well for the past several years, combining rapid growth and very low unemployment with declining inflation. “Not only has the expansion achieved record length, but it has done so with far stronger growth than expected,” stated Federal Reserve Chairman Alan Greenspan in his remarks to the National Community Reinvestment Coalition annual conference in Washington (Business Week, The McGraw-Hill Companies, Economic Outlook, March 6,2000)....   [tags: essays papers] 1685 words
(4.8 pages)
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Thatcherism Economic Policies - INTRODUCTION John Major as a successor to Margaret Thatcher was always going to find life difficult. He says himself he rejected any talk of his creating 'Majorism' as Margaret created 'Thatcherism', claiming instead that "The Conservative Party does not belong to any one individual" . His priorities (at least initially) as he saw them were clear; inflation, inflation, inflation. Further to that, he aimed to reduce unemployment, although not through artificial job creation, but by preserving a climate of low inflation in which growth would be encouraged....   [tags: essays research papers fc]
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3113 words
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The Argentine Economic Crisis 1999-2002 - The Argentine Economic Crisis 1999-2002 Basic Information About Argentina Argentina is a nation located on the East coast of the sothern-most tip of South America. It occupies an area of 2,766,890 square kilometers, which is approximately equal to about three-tenths the size of the United States. It has a population of nearly 40 million people with a growth rate of 1.13%. The populace is 97% Caucasian (primarily of Italian and Spanish decent) with various indigenous groups comprising the remaining 3%....   [tags: Essays Papers]
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Economic Growth - Economic Growth Economic growth refers to the rate of increase in the total production of goods and services within an economy. Economic growth increases the productivity capacity of an economy, thereby allowing more wants to be satisfied. A growing economy increases employment opportunities, stimulates business enterprise and innovation. A sustained economic growth is fundamental to any nation wishing to raise its standard of living and provide a greater well being for all. Gross domestic product (GDP) is the monetary value of all final goods and services produced over a year....   [tags: Economics] 683 words
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Economic Condition - Economic Condition Economy from anywhere it could be from the United States or even from the UK it self. Can have a huge impact on the firm. The main economical influences on a firm are:- 1) Inflation 2) Exchange rates 3) Unemployment 4) Interest rates 1) inflation In some things the price of them could go up. It's because prices in things when time past generally goes up. For example a time piece costing £1000 today mite go up to £1050 in about a years time, But that is if they area no scratches and it's in a perfect condition....   [tags: Economics] 776 words
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East Asian Economic Crisis - East Asian Economic Crisis A large economic downturn in East Asia threatens to end its nearly 30 year run of high growth rates. The crisis has caused Asian currencies to fall 50-60%, stock markets to decline 40%, banks to close, and property values to drop. The crisis was brought on by currency devaluations, bad banking practices, high foreign debt,loose government regulation, and corruption. Due to East Asia's large impact on the world economy, the panic in Thailand, Indonesia, Korea, and other Asian countries has prompted other countries to worry about the affect on their own economies and offer aid to the financially troubled nations (Sanger 1)....   [tags: essays papers] 701 words
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Anglo American Economic Geography - ... The quantitative revloution was initially confined to two places; The University of Washington Seattle and the University of Iowa. This showed that the change in economic geography stemmed from America before diffusing across to the UK. This diffusion occurred as the revolutionary’s students; of Edward Ulman, William Garrison and Harold Mcarthy, moved out to find new jobs. Peter Haggett and Richard Chorley were the leaders of this revolution in the UK (Barnes 2009). The quantitative revolution lasted into the late 1960s, from there it started to decline and be manipulated....   [tags: economics, ]
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To What Extent Does Contractionary Policy Contribute to a Decline in Economic Activity? - Fiscal policy is the government’s attempt to influence the economy by setting and changing taxes, government spending, and the government’s deficit and debt (Matthews et al 2003). Contractionary fiscal policy is, therefore, a policy where a decrease in government’s spending, an increase in taxes plus a decrease in transfer payments are applied to mitigate the inflationary issues that occur during a business cycle expansion. Thus, it restrains the economy, decreases the inflation rate and closes the inflation gap....   [tags: Economics]
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Spain's Economic Roller Coaster - Spain has made an enormous economic improvement in recent years, but it still is behind most of Western Europe. Despite the fact that industry has grown a lot since the 1950s, the country still has problems in trading. Spain mainly trades with Germany, France, Great Britain, and Italy. They mainly export machinery, motor vehicles, wine, food products, fruit and pharmaceuticals. Major imports include machinery and medical equipment while also major fuels, chemicals, foods, manufactured goods and medical instruments....   [tags: Economics]
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Australian Economic Issues - Economic Growth Measurement Economic growth refers to an increase in an economy’s productive capacity, as measured by changes in its real GDP (adjusted for inflation), over a period of time. Growth may be measured quarterly, annually, or year on year (changes from one quarter to the corresponding quarter the following year). Annual growth is used to identify trends in the business cycle, while quarterly growth provides an indication of the economy’s short-term direction, and year on year growth to show annual progress....   [tags: Economics ]
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Economic Literature Review - CHAPTER II: REVIEW OF THE LITERATURE 2.1 Introduction This chapter reviews the literature on exchange rate, stock market, the relationship between exchange rate and stock price. Few of this literature, the majority of the studies discuss the relationship between stock price and exchange rate. 2.2 Exchange rate The development of International Finance Corporation is an important trend of the world. Exchange rate is the most important international trade adjustment lever. As a national production of goods are calculated by the cost of national currency, to compete in the world market, the products cost must related to the exchange rate....   [tags: Economics ] 1144 words
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How Are Automatic Stabilizers Used To Combat Inflation? - How are Automatic Stabilizers Used to Combat Inflation. In today's economy, there are devices present called automatic stabilizers. Automatic stabilizers, are mechanisms which aid in the correction of an economic problem without the interference of anyone or anything. They are perhaps most useful to combat demand - pull inflation. Demand - pull inflation, is when prices rise because the economy cannot produce enough goods to satiate the economy. An automatic stabilizer, that is beneficial to combat such a problem, is a progressive tax....   [tags: essays research papers] 393 words
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Index of Economic Freedom - The steady stream of current world events provides us with the signs to be read if we only take the time and the intention to pay attention to those lessons. The economic view provides a robust language for understanding the basic physical reality of scarcity, and the varied human beliefs and responses we take as we attempt to deal with that scarcity. As Smith and Ricardo teach us, the subtle and important understanding lies in the space between what human desires dictate in the personal scale, in the short run; and what consequences play out on the grand scale, in the long run....   [tags: Economics] 900 words
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American Economic Crisis - There are many things that are fundamentally wrong with the U.S. economy. In fact, warning signs are everywhere. Politicians are more concerned about elections than addressing the real issues. Voters are more concerned about whether gay people should be allowed to marry, rather than fixing the problems that affect all of us. All the while, the economy is diving further and further into its despair. One of America’s largest problems is the ever growing mountain of federal debt. Investors say that in some cases, debt can be a tool to make money....   [tags: Economics]
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Economic Indicators - Economic Indicators Economic indicators are various layers of statistics that provide insight and information into how an economy is functioning. An economist might use economic indicators to paint a picture of current economic performance, or make future economic predictions. As a team, we will profile six economic indicators: Consumer Price Index, Capacity Utilization, Unemployment Rate, Producer Price Index, Interest Rate, and Inflation Rate. Historic charts for each indicator are included in our Power Point Presentation....   [tags: Economics Economy] 1788 words
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Economics and Finances Course Analysis - ... A more permanent cause of inflation is the money supply; that is, the amount of money that is currently in the financial system. The more money we have in the system, the more things will cost because there is an imbalance in the supply and demand curves of the money supply. If there is an increase in the money supply, demand for money will increase until there is equilibrium between supply and demand. As a teenager, I recall watching one episode of Disney’s DuckTales in which Huey, Dewey, and Louie discover a machine that helps them replicate anything they want....   [tags: sovereign debt, inflation, Federal Reserve System] 1134 words
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Coca Cola - Growth, Employment, Business Cycle And Inflation - Introduction Fiscal Policy affects The Coca-Cola Company as it does many other businesses. The four components of Fiscal Policy are employment, growth, business cycle and inflation. The following discusses the different aspects of Fiscal Policy as related to The Coca-Cola Company. Employment One of the Coca-Cola Company’s strongest strengths lies in its ability to conduct business on a global scale while maintaining a local approach, one of the most intelligent strategies thought up by the human resource department of Coca-Cola....   [tags: Business Analysis Management Strategy] 1218 words
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Weimar Hyperinflation - ... During the inflationary boom, several basic industries had prospered, but there was a “severe depression” in the consumer goods industries as many consumers lost a majority of their purchasing power (Kosares). Near the end of the inflationary period, the economy collapsed. Retailers struggled to obtain goods, and most operated at a loss – the money they received was simply depreciating too rapidly. Farmers who had overinvested were left with unproductive machinery and equipment, and they stopped selling dairy and produce items....   [tags: Germany, Inflation, Economy]
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Impact of Reaganomics on the American Economy - ... His efforts were most prominently shown in his deregulation of price controls on oil and natural gas, which ultimately allowed customers to save over $100 billion dollars. Though this policy sided with small government, it allowed for the needed competition to jumpstart the economy. Deficit spending became the backbone of Reagan’s policies. Although many mainstream economists at that time believed that deficit spending was one of the many driving forces behind inflation, Reagan managed to decrease inflation and spend an unprecedented amount of money, increasing the national debt from $997 billion to $2.85 trillion during his time in office....   [tags: Inflation, High Taxes, Unemployment]
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Ways to Save Money in Harsh Economic Times - America has suffered through recessions time and time again and was able to overcome these economic obstacles in the past. Recently America has faced a recession in which new ideas have not been implemented. Obama as president has been spending money as a means to fix the huge deficit that was handed to him when he took office. Inflation is on the rise and this cannot be blamed on the Obama Administration. This inflation would result in an increase on the price of commodities. This recession should not be as bad as the recession of the 1920’s knows a, The Great Depression....   [tags: American History, Recession, Foreclosures] 2036 words
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European Economic and Social Outcomes of World War I - In 1919, European nations embraced the idea to construct peaceful global order at the Paris Peace Conference, resulting in the creation of six main treaties: Saint-Germain, Neuilly, Trianon, Sevres and the most controversial, the Treaty of Versailles. However, the creation of these treaties sparked criticism and resentment, due to the brevity of the consequences. There were few positive aspects of the Paris Peace Conference, while the negative opinions based on the Paris Peace Conference continued to fester for years to come....   [tags: World War I]
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United States vs. Japan Economic State - United States vs. Japan Economic State The United States of America is one of the world leading economic powers in the world. The question is, how does the Unites States compare to other nation powers.Australia ,Cananda , China and Britain are just a few of the nation powers that can compare to the United states. This report will focus more one of the main rivials to the United States and that is Japan. Here is just a sample of Japans Numbers for 2004 compared to the United States. Unite States GDP growth is 4.30% ,unemployment is 5.60% and Inflation Rate is 1.90%....   [tags: American Economics Economy Essays] 896 words
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Macro-Economic Factors that Affect a Business - Macro-Economic Factors that Affect a Business There are macro-economic factors which affect a business and there implications need to be considered when planning ahead. The interest rate is the basically the cost of borrowing, the price of money. If money is borrowed it is the percentage over and above the original loan that has to be paid back. The interest rate is a vital tool of economic management for the government. Adjusting the interest rate is a key part of the government’s monetary policy....   [tags: Papers] 479 words
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U.S. Federal Government and Economic Issues - This paper relates to what I have learned in the Macroeconomics class. For this final term paper; I will write about the U.S. federal government operations and how government leaders handle macroeconomic issues in our economy. We will discuss a couple of current economic issues and what the federal government is doing to reach solutions. I will also address U.S. unemployment issues, international trade, fiscal and monetary policies, and methods of alternative energy, along with the Federal Reserve’s role to confidently curb recession and avoid inflation The U.S....   [tags: Economics ]
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Contracts and Economic Development of Eastern Europe - Contracts and Economic Development of Eastern Europe The concept of contract law has been developed through years. It deals with how different procedures have been used to help solve contract conflicts. Contract law reflects real business experience since it can be traced back to the days when in order to solve a dispute English courts used the lex mercatoria, which were the commercial rules that merchants used when doing business across borders. A contract is the legal relationship that consists of the rights and duties of the agreeing parties growing out of promises....   [tags: Papers] 786 words
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Foreign private investment - ... could be caused by the infrastructure and ability to absorb the technology transfer into the domestic industries. “Evidence suggests that for FDI to have a more positive impact than domestic investment on productivity, the “technology gap” between domestic enterprises and foreign investors must be relatively limited. Where important differences prevail, or where the absolute technological level in the host country is low, local enterprises are unlikely to be able to absorb foreign technologies transferred via MNEs” (OECD, 2002: 13)....   [tags: Economic Growth, Retail Industry]
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China: A Dynamic and Pivotal Force Within the Global Political Economy - ... In the economic nationalist perspective it assumes an inter-state system and the state are solely invested in its own interests. The state holds superiority to the market and any business conducted is dictated by the political forces, with the belief that markets are unnatural and exist exclusively in a social context. Through this lens it does believe in the perception of open and free markets. Although this is so economic nationalism denotes that trade (imports, exports), culture, foreign investment, and foreign exchange are all dictated by the political forces within a country (O’Brien & Williams, 2010)....   [tags: economic nationalism, liberalism]
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Economic Justification of the Economic Stimulus Plan with Regards to Unemployment - Economic Justification of the Economic Stimulus Plan with regards to Unemployment As previously discussed under Economic Growth, increased output and productivity requires large labour force participation rates, a factor that leads into unemployment. By promoting higher and sustainable economic growth, through fiscal and monetary policy, an economy will be able to reduce cyclical unemployment. Fiscal stimulus, as was introduced in the Economic Stimulus Plan and the easing of monetary policy has the potential to fuel aggregate demand, and increase output in the economy....   [tags: Free Example Essays]
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