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Your search returned over 400 essays for "Economic inflation"
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Investingating the Growth-Inflation Nexus in Africa - Every macroeconomic policy aims at keeping the output growth rate at a high and sustainable level, and the inflation rate at a stable, desirable level. Price level stability is crucial in determining the output growth rate. This led central banks in a number of countries to implement inflation targeting regimes. Such decisions give rise to the important question: what is the most suitable inflation target. The literature regarding the nature of the relation between inflation and growth goes back to the 1960s....   [tags: regression model, inflation, economic growth]
:: 30 Works Cited
1506 words
(4.3 pages)
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The Best Economic Environment for Inflation Targeting - Introduction: In the past two decades, a multitude of countries, including Canada and Australia have instituted “explicit inflation targeting” (Svensson, 1996, p.1) for fear of the high cost of “volatile inflation” (Freedman&Laxton, 2009, p. 6).Mishkin offered the definition of inflation targeting (IT). It is a monetary policy strategy intended to achieve price stability within a specific range (Mishkin,2000).As is concisely demonstrated by Mishkin, IT “establishes a transparent and credible commitment” to the precision of the future “numerical objective”(Mishkin,2008).Nonetheless, it is not a prudential policy....   [tags: Monetary Systems, Global Finance]
:: 11 Works Cited
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 - The function our pluralistic democracy is the cause of America’s recurring economic problems and contributes to growing income inequality. Inflation/stagflation (inflation with slow economic growth) perpetual trade deficits and perpetual federal budget deficits which contribute to the U.S. national debt are the major recurring economic problems that threaten the prosperity of the nation. These recurring problems are largely the unintended consequences of pluralism, the interaction of many groups in the American political process....   [tags: economic problems, American economy, inflation] 1292 words
(3.7 pages)
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The Causes and Effects of a Recession - Average cost is total cost divided by total output at a specific point. For instance if 100 units are produced and total cost incurred is 200 then average cost of one unit would be 2/unit. Whereas Average revenue is calculated same as average cost however, instead of total cost we take total revenue. Marginal cost is cost of producing one additional unit of output or in other words a rise in total cost when output rises by one unit. Similarly marginal revenue is the rise in total revenue when output rises by one unit....   [tags: inflation, economic recovery, macroeconomics]
:: 26 Works Cited
2723 words
(7.8 pages)
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Rising Inflation in the UK - Inflation; ‘a situation in which prices rise in order to keep up with increased production costs… result[ing] [in] the purchasing power of money fall[ing]’ (Collin:101) is quickly becoming a problem for the government of the United Kingdom in these post-recession years. The economic recovery, essential to the wellbeing of the British economy, may be in jeopardy as inflation continues to rise, reducing the purchasing power of the public. This, in turn, reduces demand for goods and services, and could potentially plummet the UK back into recession....   [tags: Economic Theory, Monetary Policy]
:: 2 Works Cited
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 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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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]
:: 8 Works Cited
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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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: Economics, Unemployment Essays]
:: 5 Works Cited
1280 words
(3.7 pages)
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Algeria's Economic History - Before taking big business decisions such as Investments, a manager must evaluate and decide what would maximize profits and be best for the company overall. Expanding business operations into other countries is full of risk. We go into more detail as we compare the two below in five different factors to see which country would be the most appropriate choice. In this report Algeria’s big risks involving limited economic freedom and, strong religious beliefs that affect just about every decision are explored....   [tags: economic, political, legal, ethics ]
:: 13 Works Cited
1008 words
(2.9 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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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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Socio-economic and Political Consequences of Neoliberalism in Latin America - In the article “Successes and Failures of Neoliberalism” Evelyne Huber and Fred Solt describe economic, social and political consequences of the introduction of neoliberalism in Latin America in the 1980s and 1990s. To contrast the positive and negative impacts of neoliberalism Huber and Solt have taken into account five indicators: growth, economic stability and absence of volatility, poverty, inequality and quality of democracy (Huber and Solt 151). In a wide view of the regions' situation, growth performances reflect an increase in the first half of the 1990s but a decrease in the second half due to the effects of financial crises (Huber and Solt 151); which also had an effect in the inc...   [tags: economic stability, poverty, social conditions] 1358 words
(3.9 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 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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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
(3.7 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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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]
:: 8 Works Cited
1860 words
(5.3 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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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 Works 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...   [tags: Economics Economy] 1903 words
(5.4 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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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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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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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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Journal: Decentralization and Economic Performance in Indonesia - The process of choosing this article begins by searching an article which I found interesting. I have decided that the topic will be decentralization since I am interested in the positive effect of decentralization, as being constantly discussed by academics and public policy practitioners in recent years. The article is found using the ANU Library’s website by searching on scholarly and peer review journal listing about decentralization, and limiting it to policy/political science field. Moreover, I decided to be more precise by combining it with another topic which I reckon interesting such as economic development, and choosing the country which I best known, Indonesia....   [tags: indonesia,decentralization,economic performance]
:: 1 Works Cited
955 words
(2.7 pages)
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Far East Asia's Economic Data - While the growing downside risks for advanced economies grow, Asia’s economic data has been holding up relatively well, with resilient domestic demand and a surprisingly strong bounce. The primary conduit in which Asia will be affected is the export-driven economies. The July export growth numbers released so far by three countries – China (+20.4% year-over-year), Korea (+27.3%) and Taiwan (+17.6%) – all significantly exceeded expectations, indicating a sharper month-over-month acceleration of final demand and was consistent with the earlier view that some of the temporary drags to final demand – Japan supply disruption and previously higher gas prices – were reversing....   [tags: Trade, Economic Growth] 1050 words
(3 pages)
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Role of Federal Rate in Economics - The Federal Funds Rate is the interest rate that Federal Reserve uses to trade funds with banks. Changes in this rate can trigger a chain of events that can be beneficial or devastating to the economy. If a bank is charged a higher interest rate to trade money or take out a loan, then the increase will be passed on to their customers, causing them to pay higher transaction fees or more interest. Each month, the Federal Open Market Committee meets to determine the federal funds rate. This in turn affects other short term interest rates....   [tags: Recession, Money Flow, Inflation]
:: 1 Works Cited
998 words
(2.9 pages)
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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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A Country's Income: Economic Freedom and Doing Business - Introduction Different countries’ economies can be broken down into subsections based on a number of factors. One of these sections is based on their income. The first of which is lower-income economies. In these economies, the average income is at $1,035 or less. There are middle- income economies with incomes falling between $1,036 and $12,615. And lastly there are higher-income economies which bring in $12,616 or more. We have chosen to study and analyze economies in each income level: Kenya from the lower-income economy, Jamaica from the middle-income economy, and Netherlands from the higher-income economy....   [tags: international economic indexes]
:: 7 Works Cited
2296 words
(6.6 pages)
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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]
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2338 words
(6.7 pages)
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The Real Stabilization Plan of Brazil - Brazil faced many struggles with its currency throughout the last half century, eventually changing its currency five times before reaching what most would argue was their best stabilization plan. The stabilization plan that Brazil concluded with and is currently practicing is known as the Real. Each of the five currencies mentioned lasted at most three years, however since the creation of the Real Plan, the Real has been used for over twenty years. Compared to each of its predecessors, the Real Plan can easily be considered the most successful strategy followed by the Brasilian government....   [tags: inflation, brasilian economy, currency]
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1412 words
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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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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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Overview on Inflation Targeting as a Monetary Policy Strategy - INTRODUCTION Since the 1990s, a large number of industrial countries and a growing number of emerging market and transition economies have adopted inflation targeting as their monetary policy strategy. During the implementation they face many challenges. However, there is no established pattern so countries must learn along the way from one another and more importantly from their own experience. This paper provides an overview on inflation targeting as a monetary policy strategy, necessary preconditions for its successful implementation, its advantages and disadvantages and issues and challenges that emerging market and transition economies face while defining and implementing this monetary...   [tags: transition economies, macroeconomic policy]
:: 14 Works Cited
2842 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]
:: 14 Works Cited
752 words
(2.1 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]
:: 5 Works Cited
1179 words
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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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More Powerful than the Government? A Review of the Federal Reserve - When most people think of the Federal Reserve, they think of the national debt, inflation and bailouts. The Federal Reserve is charged with monetary policy as well as regulation. Starting with the Great Inflation, the Fed has played an increasing role in the economy. In response to the Great Recession in 2008, an independent Federal Reserve played its largest role yet in a financial crisis. Many have criticized the Fed's response and questioned their influence. Since its inception in 1913, the Federal Reserve has had a major increase in its power and role in monetary policy, is this power to great in one single entity or is there enough oversight in what it does....   [tags: monetary policy, debt, inflation, bailouts]
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1938 words
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The Effects of Monetary Policy on Macroeconomics, GDP, Unemployment, Inflation and Interest Rates - Introduction Economics primarily focuses on how laws and government policies impact the economy. Much of this looks at taxes specifically and more generally the public finance, which includes the spending and borrowing the government does. The root word of economics is economy. Economy comes from the Greek oikos - home and nomos - managing. (Dkosopedia, 2006) Economy can be described as the current soundness of financial indicators such as jobs and job growth, economic productivity and output, and can also be measured by a vast range of other factors such as the trade deficit, national debt, GDP, and unemployment rates....   [tags: Monetary Policy Essays] 1607 words
(4.6 pages)
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Economic Challenges Facing Nigeria - Nigeria is the largest country in Africa and accounts for 47% of West Africa’s population stretching a land are of 910,770 (sq. km). It richly endowed human and natural resources, making it the African destination of choice for serious investors to take advantage of a potentially large market. The government’s “Vision 20:2020” Plan seeks to position Nigeria as one of the top 20 economies in the world by the year 2020. Will Nigeria live up to its goal. This essay seeks to address the question by examining its: i) economic indicators, ii) comparative advantage, iii) trade patterns in relation to gravity model of trade, iv) attractiveness for international firms and finally conclude by raising...   [tags: economy, Vision 2020]
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2496 words
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British Politics: Thatcherism and Reaganomics - The polarization of the British political system can be traced back to the movement of Thatcherism. Thatcherism can be seen as the conviction politics, economic, social policy, and is the political movement that can even resemble Reaganomics. Just like Reaganomics, Thatcherism is considered a conservative movement that emphasizes heavily on the free markets, restraining government spending, privatization, deregulation, and tax cuts. These are the policies that Margaret Thatcher focused on; this political movement took place between 1979 and 1990 while she was the Prime Minister of the British Government....   [tags: policies, lowering inflation, social policy]
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1572 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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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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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
(10.1 pages)
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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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1123 words
(3.2 pages)
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The Negative Economic Effect of War on the USA - At one point in time, war was beneficial to the United States economy. After World War I and World War II, the United States experienced periods of national prosperity. The economy was booming and patriotism was widespread. However, there were numerous variables in addition to the war that contributed to the economic growth. Presently, it is undeniable that war no longer benefits the United States economy as it once did. Wars are expensive not only financially but also in resources. They are extremely disruptive both on the home front and on the battlefield in labor, resources, and trade....   [tags: short-term effects of war, economy]
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1627 words
(4.6 pages)
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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
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Ireland Economic Crisis - The Euro zone crisis has impacted many countries such as Ireland, Portugal, Italy, Spain and Greece. Many say the Euro zone crisis was triggered as a result of the initial Global Financial Crisis that started in the United States in 2008. However, these countries, and Ireland in particular, would not have been sent into a recession if their own economies and debt were in order. Ireland was the first state in the eurozone to declare tit’s entrance into a recession.. However, on November 29, 2010 the European Union, the International Monetary Fund and the Irish state agreed to a €85 billion rescue deal for Ireland, but there were certain policies Ireland had to implement in order to receive it...   [tags: economy, EU, debt, IMF, financial support]
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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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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
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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
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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
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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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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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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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Academic Capitalism - “You didn't get there on your own. I'm always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something – there are a whole bunch of hardworking people out there.” (Obama, 2012) How does this quotation relate to the increase of capitalism in the education institution. It has to do with the mentality of what people believe they are entitled to which is for the most part, a libertarian perspective....   [tags: Credential Inflation, Cheating]
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Anglo American Economic Geography - Discuss the intellectual history of Anglo American economic geography since the 2nd world war. Economic concepts have often been used as the foundation for geographic theory; showing a relationship between the two. When the field of economics evolves then so too does the field of economic geography. Economic geography is defined as: a field of geography that helps to describe and explain the areas where economic activities are carried out. It is centered around helping to explain the production and distribution of commodities and how resources are to be allocated and the consequences (Barnes 2009)....   [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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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
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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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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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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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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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Economics and Finances Course Analysis - There is only so much that watching and reading the news can tell you about the subject of money and banking. Much of this news is aimed at an audience that knows very little about what goes on behind the scenes of our economy, and the news on business channels such as CNBC and Bloomberg is very technical and can go over my head at times. Part of the reason I embarked on this degree program was to understand the technical side of finance and economics. It is now my job to present my knowledge to those who know very little about this subject....   [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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The Impact of European Monetary Union - I. Introduction According to Lane (2006), the European Monetary Union (EMU) began on the year 1999. Following his line of analysis and reasoning, this paper shall seek to analyze the purported impacts of the said action in the light of their inflation rates and the proportion of their portfolio holdings allocated to the other members of the Euro-zone. Furthermore, the author of this paper shall look qualitatively in the current Asian context to examine the relevance of a monetary union in the continent....   [tags: inflation, european nations, integration]
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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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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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Impact of Reaganomics on the American Economy - Leading up to the year 1981, America had fallen into a period of “stagflation”, a portmanteau for ‘stagnant economy’ and ‘high inflation’. Characterized by high taxes, high unemployment, high interest rates, and low national spirit, America needed to look to something other than Keynesian economics to pull itself out of this low. During the election of 1980, Ronald Reagan’s campaign focused on a new stream of economic policy. His objective was to turn the economy into “a healthy, vigorous, growing economy [which would provide] equal opportunities for all Americans, with no barriers born of bigotry or discrimination.” Reagan’s policy, later known as ‘Reaganomics’, entailed a four-point plan w...   [tags: Inflation, High Taxes, Unemployment]
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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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Foreign Exchange: Internal & External Balances - Discuss the concepts of internal and external balances and what floating exchange rates can do to a country's economy Review of the subject When referring to the internal balance these are the goals of economics relating to full employment or a case of normal production and low inflation, that is, the prices are stabilized. In the situation of over-employment the prices of materials increase while in the case of under-employment the prices will decrease. When unexpected inflation occurs, the country finds it difficult to plan for the future and there is a case of income redistribution between traders and investors....   [tags: inflation, countries, economy]
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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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California´s Minimum Wage and Recommendations for its Effectiveness - The Economic Impact of the California Minimum Wage Increase 1.0 Introduction On September 25, 2013 California Legislature passed Assembly Bill 10 increasing the minimum wage to $10 per hour by January 2016.1 This increase in minimum wage marks California as having the highest minimum wage of any state in the nation. Jerry Brown, governor of California, said in a statement, “The minimum wage has not kept pace with rising costs. This legislation is overdue and will help families that are struggling in this harsh economy.” 2 Although California AB-10 is a step towards reducing the state’s poverty, it will fall short of helping low income families in the long run due to inflation and the redu...   [tags: Salary, Poverty, Inflation]
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