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Macro & Microeconomics Research Paper

American economy
The government plays an important role in the economy, as is the case in all countries. From the founding of the Republic, the United States federal government has strongly supported the development of transportation. It financed the first major canal system and later subsidized the railroads and the airlines. It has developed river valleys and built dams and power stations. It has extended electricity and scientific advice to farmers, and assures them a minimum price for their basic crops. It
Pages: 25 (6250 words), Research Paper
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Gross Domestic Product of the United States in 2009
Figure 2 and figure 4 shows the forecasts for nominal GDP and real GDP growth till 2015. They show highly decelrating growth rate s of -2 and -4 percentage respectively for real and nominal GDP growth rates.Though the national accounts system and GDP statistics in USA have been considered as the most developed in the world, many economists have raised serious objections regarding treating GDP as an appropriate measure of economic activity over time. According to their view, the GDP focuses
Pages: 9 (2250 words), Research Paper
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The UK Economy
Here in UK, there has been both the cyclic fluctuation and change in trend. Some of the changes experienced that can help show that the amount of national income produced by various sectors of the economy at an interval of ten years over the past periods include; an agricultural sector that has already accounted for 4 % of the total national input as can be seen in 2001, as at now accounts for less than 1% of the overall national production; this results reflects a very long standing trend
Pages: 13 (3250 words), Research Paper
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Globalization on the U.S. Economy
First, it has promoted economic growth by way of enhancing job creation, making businesses more competitive and lowering the prices for consumers. It has also created greater markets for the companies. Second, growth in the economy has been easily enhanced due to burgeoning trade and dependence on each of the economies of the world on commodities not produced internally. Third, globalization has led to increased innovation and productivity levels as a result of increased need for a competitive
Pages: 3 (750 words), Research Paper
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China’s economic growth through the Solow model
The Solow model has been used extensively in various forms in order to decipher national growth in the longer run utilizing exogenous perspectives. The basic key assumption remains the same as above which is the diminishing returns of the capital within a closed economy model. Moreover the textbook Solow model relies on exogenous rates for capital accumulation, technological progress and population growth. The overall economic growth in the longer run is estimated exogenously through relying on
Pages: 5 (1250 words), Research Paper
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Macroeconomics of Argentina
The country’s Gross Domestic Product continued growing at a vast rate until sometimes in 1995 when the Tequila effect hit the country’s economy.The Convertibility regime of 2001-2002 is the factor that separates the Convertibility Plan and the SCRER due to its deep crisis. Fact-findings show that the macroeconomics of Argentina indicate that the social indicators and labor market underwent a vigorous, additional, and abrupt worsening as demonstrated by the stiff fall in the employment rate.
Pages: 5 (1250 words), Research Paper
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Examine any foreign currency of your choice (preferably from and emerging market and provide an analysis of that currency against the U.S. dollar over the 5-year period ending with 2010.
Contextually, a major reason identifiable behind the appreciation of Indian Rupee against the US Dollar for the period of 2005-2010 illustrates the occurrence to be a consequence of the increase recorded in the capital inflow of the nation. The FDI equity inflow between 2005 and 2010 was identified to be seven times more than the previous five years i. 2000-2004 (Rao & Dhar, 2011).During the fiscal years from 2007 to 2008, the currency exchange rates in almost all the emerging markets including
Pages: 3 (750 words), Research Paper
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Adam Smith’s economic theories
Philosophy contributed towards “creating the modern academic discipline of economics and provided one of the best-known intellectual rationales for free trade, capitalism, and libertarianism.” (Biographiq, 3-4)Smith has focused on people’s contribution towards production, and has argued that it is the annual labour which is the principle source to meet the demands of the consumers regarding all necessaries and conveniences of life. The produce of the labour is generally consistent with
Pages: 6 (1500 words), Research Paper
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Federal Reserve and the Great Recession
One of the major causes of the Great recession was the bursting of the housing bubble. Being a regulator of the monetary system, the Federal Reserve could have seen a crisis coming. The major cause of the housing bubble bursting was that the Fed opted to expand their monetary policy; though the regulation was effectively done, this policy was a contributor of the problem. The Federal Reserve might have bowed to the pressure from the government to have the implementation of the housing policy be
Pages: 8 (2000 words), Research Paper
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Unemployment Rates in the United States and Japan from 2010 to 2014
In America, the U.S Bureau of Labor Statistics (BLS) defines an unemployed person as someone who does not have a job, and has actively searched for work in the recent times, as well as currently being available for work. Proceeding further, Remer (22) asserts that people who are not in the labor force are not considered as employed or unemployed. In this regard, the labor force comprises of both the employed along with the unemployed. Anderton (11) affirms that people who are not in the labor
Pages: 15 (3750 words), Research Paper
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Women Labor supply in China
Previously, before the implementation of the One- Child Policy, there had been reported rampant cases of abortion and female infanticide. Consequently, the Government instituted rules that controlled the number of children born in different regions. In some areas, women were supposed to have two children in case the first one was a girl child.
Pages: 7 (1750 words), Research Paper
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Empirical Framework in Macroeconomics
Over the past years, the United States government has learned from its mistakes and loopholes in the mortgage market. Macroeconomic interventions such as regulation of government taxes imposed on citizens, use of quantitative easing, a macro policy of buying and selling bonds in open market to inject money in the economy have helped jump-start the economy.
Pages: 8 (2000 words), Research Paper
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Chinese Economic Growth: Problems and Perspectives
There exist many laborers in rural areas who are looking for non-farm jobs; this has lead to deviating labor to the industries leading to labor-intensive industries, which are accelerating fast. Acceleration of labor extensive industries increases production output, making their products to be sold globally, earning a bigger share than before.Trade liberization-The gains the china is getting from trade liberization and globalization is increasing, this play a role in accelerating the economy
Pages: 5 (1250 words), Research Paper
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The Economic Consequences of ISIS in Middle East
Lebanon, for instance, has a GDP per capita of about 16000 US dollars. Needless to say, the government needed to rebuild national infrastructure after the Lebanese Civil War and this has been detrimental in its economic growth. The Lebanese government had to become largely indebted to several states and this country is still largely underdeveloped.The war in the Middle East has affected directly the labor force. Loss of lives has led to a significant decrease in the size and skills of the
Pages: 6 (1500 words), Research Paper
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Increasing investment attractiveness of CIS countries
The significance of the investments can extend to close the investment gap because of insufficient savings. The external factors that are increased investments include the transfer of managerial skills, technology, processing of information, and a proficient knowledge in sales and marketing. The dissolution of central planning created market of 100 million consumers in Eastern Europe and 300 million in the successor countries to the USSR. Shiellis says that among the CIS, Russia is having the
Pages: 10 (2500 words), Research Paper
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Poverty, Income Inequality, and Community Crime Rates
Premise that offenders and victims of crime are vulnerable groups that have a likelihood of increasing in size during tough economic conditions, especially in areas with poor income distribution. In times of economic crisis, large numbers of citizens may undergo severe, or even sudden, income reductions (Clark, 2014). In regions where absolute and relative poverty manifest, increased crime rates are the result of negative or decreased economic empowerment, income inequality, and widespread
Pages: 11 (2750 words), Research Paper
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Monetary policy in the US
For almost every country there is a central bank which manages all monetary concerns of the country. Generally, the main function of the central bank is to oversee the monetary policy of the country to protect and develop its financial condition. Central Banks may have various designations in other countries but they basically perform the same function.
Pages: 11 (2750 words), Research Paper
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The History Of Third World Development Strategies
Economies in the South East Asia such as Vietnam and South Korea had a slightly different shift during the 1980s. The main difference between the two economies and Saudi Arabia is the exportation of oil and the influence of western economies. Saudi Arabia became a center of interest for global powers during the lost decade.
Pages: 11 (2750 words), Research Paper
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Central Bank: The Monetary Base
The monetary base is determined by the value of the currency in the hands of the people living in the country and also by the amounts of monetary reserves at the central bank as the deposit of all government banks to the central bank. And the amounts of the money supply is determined in the economy by the central bank by the monetary base.
Pages: 20 (5000 words), Research Paper
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Report on the Cost of Health Care
It can be affirmed that the health care expenditure of the United States of America is quite high as compared to other nations of the world. This aspect has been a major reason for controversies in the health care system of the United States. However, there are some crucial reasons for the high health care expenditure of the country.
Pages: 8 (2000 words), Research Paper
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