...Research paper 2 Summary of U.S. Economy High unemployment and slow growth are still the dominant features of the US economy. Growth during 2011 has been at a very slow pace, and slightly improved Q4 figures just released are likely due to temporary factors. While there has been real, if modest job growth in each of the last five monthsi, much of the drop in the official unemployment rate is due to unemployed workers giving up looking for j obs. There is wide agreement that any recovery is likely to be sluggish over the next couple of years. For example, Paul Krugman writes, "...the state of the economy remains terrible... But there are reasons to think that we're finally on the (slow) road to better times."ii The recovery, at least in terms of economic output, may continue and even strengthen -- eventually. With profits restored at the expense of wages and social benefits1, business investment could continue to increase. With almost no new housing construction and a growing potential demand from multi-family households, there could be a new housing boom at some point. But there is still a strong possibility, in the immediate future, of a new financial crisis and resumption of the downward economic spiral of 2008-2009. This danger comes from: * The overhang of unpayable household debt, particularly in home mortgagesiii. * The global capitalist crisis, most immediately the European crisis, which can destabilize the US financial system, and will reduce the market for...
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...Economic Forecast Paper The discussion in this paper is about Economic Forecast. The different places that are discussed will be The Bureau of Labor Statistics, The Economic Report of the President, The Federal Reserve System, and The United States Census Bureau. Over the course of this paper we will see how each department is important in our economy and what each department does in order to help or hinder the economy. The Bureau of Labor Statistics The Bureau of Labor Statistics (BLS) was established on June 27, 1884 as a division of the Department of the Interior. President Chester Arthur appointed Carroll Wright as the first Commissioner of Labor. Many studies, reports, and statistical ideas developed under Wright’s tenure, “but perhaps his greatest accomplishment was the establishment of the principle that the Bureau would be devoted to ‘the fearless publication of the facts without regard to the influence those facts may have upon any party's position or any partisan's views’” (“History of BLS”, 2013). As the fundamental fact finders for the Federal Government in the area of labor economics and statistics, the BLS collects data from various sources. It processes and analyzes the data before publishing essential statistics for use by the American public; federal, state, and local governments; and businesses. “BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today’s rapidly changing economic...
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...The city of St. Louis has suffered from a deep rooted history of racial tensions, issues and inequalities for years. Businesses that once thrived within the city have left the city for suburban areas. The events in the Michael Brown case in Ferguson, Mo on August 9, 2014 forever changed the face of the city and a Nation. In this paper, the author would like to delve into the economic effects that the city has dealt with prior to, during and after the events of August 9, 2014. This paper will evaluate and examine the economic effects that the events has had on this city and community. This paper will explore the decisions made by government officials during and after the riots that affected businesses in the immediate and surrounding areas. This paper would also look at how and if the city can recover. History of St. Louis St. Louis is a metropolitan city which has 92 suburbs that make up the St. Louis County. The city of St. Louis is divided up into the north side which is predominately African American, the south side which is predominately Caucasian, the central west end which is a mixed group and East St. Louis which despite the fact that it is in Illinois is predominately African American. The counties of St. Louis are also divided by race with North County being predominately African American, South County predominately Caucasian, and West County predominately Caucasian. There are twenty four county school districts and one large school...
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...Have you ever wondered how the world does not just keep repeating economic failure over and over again? Well there's always somebody pulling the strings behind it to make sure that it does not in fact capsize. This is called economic policy. Economic policy is the economic decisions that a government decides on . Out of all the economic policies available today, a few stick out. That being supply side economics, demand side economics, and monetary policy. These Policies ensure the security and well being of the nations economy. First, there is supply side economics. Supply side economics say that economic growth is most easily made when barriers are lowered for people to invest in capital, to produce, and supply goods and services. Supply...
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...Economics 2013 Research Paper on Apple Inc. Introduction Apple, Inc. (NASDAQ: AAPL) is an American multinational corporation that designs, manufactures, and markets a range of consumer electronics, personal computers, laptops, portable digital music players, media devices, mobile phones, and related software products. The company’s most famous hardware products include the Macintosh line of computers, the iPhone, the iPod, and the new iPad. The software products offered by Apple, Inc. include the Mac OS X operating system; the iOS mobile operating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; the Aperture, a professional photography package; Final Cut Studio, a suite of professional audio and film industry software products and Logic Studio, a suite of music production tools. The Company sells its products globally through retail stores, online stores, and third-party cellular network carriers. [1] Currently Apple Inc. has a total of 317 retail stores around the world, including 233 stores in the United States and 84 international stores, along with an online store (www.apple.com) where hardware and software products are sold. [2] Apple Inc. was established by Steven Jobs, Steven Wozniak, and Ronald Wayne on April 1, 1976 in Cupertino, California, to sell the Apple I personal computer kit. [3] These computers were hand built by Steven Wozniak at the time, and first shown to...
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...debt, increase in taxes, the effect to interest rates, the rise in unemployment, the poor failing real estate market, lack of investing, lack of spending by consumers, which is directly affected because of lack of employment. Some believe that the economy will eventually recover. This may be a slow process, however. Those in the business world believe this will most likely put inflation at a standstill. (TBQ, 2012). It is predicted that the GDP will continue to go up and down for years to come as the US tries to recover from the economic slump that it has found itself in unless congress and the president can pull us out. There are three different methods of determining GDP. The first one is estimating each industry’s gross output or production (Wells and Krugman, 2009). Second would be to measure income (Wells et al). Third would be expenditures, showing different types of spending throughout the economy (Wells et al). The Bureau of Economic Analysis (BEA) says that in third quarter 2011, the GDP was at 2.5%, meaning it was up from 0.8% in first two quarters of 2011 (Kiplinger, 2012). Components that make up the GDP are things like, investments such as business investments; consumer investments (spending) consumer consumption the...
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...Bernardo D. La Fontaine LP9 Assignment Can A Country Continue to Afford to Run Deficits Indefinitely? This paper will talk about a country and if it can afford to stay on a deficit indefinitely. So let us take a closer look that this situation and analyze it. I will start by reiterating what my assignment’s question by stating what it is asking. Let’s say that country “X”’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year. Can country “X” stay on this path indefinitely? In my opinion, I would have to say “no” because it isn’t healthy for country to stay on a deficit. So when a surplus happens like it did in 1998 till 2002, the country will go spend happy. This is why I believe there should always be a balanced economy. There should never be too much expansion or contraction in a country’s economy. Here are the reasons why. An expansionary economy is one that helps a country’s economy through a recession by expanding the money supply. They do this by issuing out bonds and lowering interest rates. However, if this is done too much, then inflation happens. Why? You can say that there is too much money circulating. This makes a country’s currency weak. But if a country’s economy is in the opposite direction like in an economic contraction, they are trying to reduce inflation by contracting the money supply and raising interests. Again, if this is done in too much in this direction, the country will go in to a recession and possibly...
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...• Why is the manufacturing sector crucial? What is Manufacturing and how employment has in this sector changed over the last 50 years? What we are trying to show and why it is interesting. How do we plan to show it (Definition, Employment Trend( increase upto the 60’s and then the declining share in comparison to the service sector), How is Manufacturing important to the US Economy and why we think that the trend shift to the service sector is not necessarily a bad thing and why a lot of economists are insisting on the manufacturing sector being strengthened, An short explanation of re-distribution of jobs,). • The Demand for manufactured goods in USA has increased. Then, why has the employment in the manufacturing sector gone down? What is Trade-specialization. How does De-industrialization of developed economies take place? Explain it as a predictor of recession in US. • Why Manufacturing jobs are such a point of concern (Multiplier effect, and unskilled labor) Improvements in Technology-their effect on productivity and employment in the manufacturing sector. • How does outsourcing help/harm the manufacturing industry? Does it have a significant effect on employment in manufacturing? • Why hasn’t the economy bounced back from the current slump in manufacturing jobs. What can be done to provide relief to the former manufacturing employees? Stop of new hiring vs. loss of jobs. How are the unions affecting employment? (The last decade vs. World War II data). What the experts...
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...US economy affects world economy. The predicted recession may result in crashing stock markets, bankrupt businesses, and increased unemployment, poverty and mortality rates worldwide, due to hunger, depression, suicide and lack of resources. My choice would be the “fracking” proposal which can avert the recession & boost the economy. “Green Wind Turbine” would be unsuccessful during recession, since its expense is more than its revenue. And, without economic viability all other stakeholders’ interests are lost. Utilitarianism supports “fracking” as it produces “greatest good for the greatest number”. In the end it will create millions of jobs, help boost economy, meet Canadian and US oil needs and supports ‘energy security’. We cannot address all concerns from all stakeholders at all times. “fracking” serves the majority of Primary and Secondary stakeholders which have a higher priority in the stakeholder typology. The non-social stakeholders are dormant and are a minority. Utilitarianism being a consequential principle focuses on the ends, and ignore the means. The shortcoming of “fracking” is that on the way to boost economy via oil production, it’s also boosting environmental and ecological dangers. Emissions, pollution, wastes, chemicals, contamination are bi-products of oil extraction by “fracking”. This principle drives us to ignore the primary and secondary non-social stakeholders and may cause an irreversible damage, while focussing on producing utility for the majority...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Social Issues Socio Economic Factors and Student Academic Performance In: Social Issues Socio Economic Factors and Student Academic Performance CHAPTER ONE INTRODUCTION 1.1 Background of the Study The responsibility of training a child always lies in the hand of the parents. This is congruent with the common assertion sociologist that education can be an instrument of cultural change which is being taught from home is relevant in this discuss. It is not out of place to imagine that parental socio–economic background can have possible effects on the academic achievement of children in school. Whatsoever affect the development environment of children would possibly affect their education or disposition to it. Parental status is one of such variables. When a woman's nutritional status improves, so too does the nutrition of her young children (Lisa et al, 2003). Rothestein has asserted as follows: "Parents of different occupation classes often have different styles of child rearing, different ways of disciplining their children and different ways of reacting to their children education needs. These differences do not express themselves consistently as expected in the case of every family; rather they influence the average tendencies of families for different occupational classes." (Rothestein...
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...FYP Project Number: HE_2AY1415_09 NANYANG TECHNOLOGICAL UNIVERSITY SCHOOL OF HUMANITIES AND SOCIAL SCIENCES UNDERREPRESENTATION OF ASIA-FOCUSED ARTICLES IN THE TOP 10 ECONOMICS JOURNALS Roy Athanasius Ang Tjin Shane Teong Xiu Yi Tham Weng Leon U1130138B U1130028B U1130012L A Final Year Project submitted to the School of Humanities and Social Sciences, Nanyang Technological University in partial fulfillment of the requirements for the Degree of Bachelor of Arts in Economics Academic Year: 2014/2015 FYP Project Number: HE_2AY1415_09 ABSTRACT Despite its high growth, positive economic outlook and its GDP accounting for about a quarter of the world’s GDP, there is an underrepresentation of Asia in terms of published articles in the top 10 economics journals. This study highlights this fact and has found tenure to be a likely cause for the lack of Asia-focused articles. This stems from the strong emphasis universities place on the publishing of articles and with the belief that there is a lack of reliable data on Asia, researchers are less inclined to conduct studies on Asia given that top economics journals require accurate and dependable data for publishing. 1 FYP Project Number: HE_2AY1415_09 ACKNOWLEDGEMENTS We, the authors of this paper, would like to express our heartfelt gratitude to Chia Wai Mun, Associate Professor, School of Humanities and Social Sciences, Nanyang Technology University, for her unwavering support and constant...
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...Showing results for research work of circular flow of expenditure Search instead for research work of circular flow of xpenditure Search Results Circular Flow of Income Diagram | Economics Blog www.economicshelp.org/blog/388/.../circular-flow-of-income-diagram/ Mar 31, 2012 - For example, with wages from work, households can then buy goods produced by ... Spending that puts money into the circular flow of income. .... thanks for the comments in the research about the income and expenditure. NZIER's Moniac machine | NZIER| Economic Analysis | Forecasting ... nzier.org.nz/about-nzier/moniac-machine In the past, many visitors to the New Zealand Institute of Economic Research (NZIER) ... of a Kiwi dairy farmer, Phillips left New Zealand before finishing school to work in Australia. ... At LSE Phillips was interested in the circular flow of money model. ... variables such as consumption, taxes, government spending, investment, ... Macroeconomics Circular Flow Free Research Papers 41 - 60 www.termpaperwarehouse.com/subcategory/...circular-flow/3 Free Research Papers regarding Macroeconomics Circular Flow for download. ... expenditure and income totals in the circular flow of expenditure and income. Circular flow of income - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/Circular_flow_of_income This process is unending and forms the circular flow of income, expenditure and production. .... Statements consisting...
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...* About Us * Samples * FAQ * Our Prices * Order now * Writers * Contact Us We write: * Essays * Research Papers * Coursework * Thesis * Dissertations * Term Papers * UK Essays ------------------------------------------------- Top of Form Bottom of Form ------------------------------------------------- Top of Form Count of pages: Number of words: Choose your academic level: Term: Discount Code (optional): Discount: 0% Price: $0 Bottom of Form The page includes: Essay Paper on Economics Essay Paper on Economics Social polarization grows as the poor become worse off, but as the wealthy become better off. One of the reasons for that is the shocking fact that the poor often pay more taxes, relatively, than do the rich. In Britain, for example, “the tax burden of the top fifth of earners has fallen from 37 percent to 35 percent in the last twenty years. In contrast, the tax burden of the bottom fifth has risen from 31 percent to 38 percent.” The other reason for social inequality nationally is imperfect income distribution. Thus, whereas 23.5 percent of all American workers received only poverty level wages in 1973, this had risen to 28.6 percent by 1997. Looked at another way, real wages for relatively low-paid workers fell by 22 percent between 1973 and 1995, and 10 percent for middle-range workers. Low-paid jobs grew by 22 percent in New York City between 1993 and 2000—four...
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...Towards a Definition of Socio-Economic Research for the RESPECT Project A draft working paper by Ursula Huws, RESPECT Project Director Introduction The term ‘socio-economic research’ is in widespread use in the European Commission’s work programmes and elsewhere. In the Fourth Framework Programme, for instance, there was a programme entitled ‘Targeted Socio-Economic Research’ (TSER) and in the Fifth Framework Programme there were numerous calls for proposals to carry out socio-economic research related to Information Society Technologies (in the IST Programme) and to other issues of relevance to EU policy. At national level, there are also economic and social research funding councils in most European Countries. However, nowhere in this documentation, as far as I can tell, is any definition offered of ‘socio-economic research’. For the purposes of the RESPECT project, however, it is necessary to have some sort of functional definition. This short discussion paper is designed as the first step towards the development of such a definition. As the project develops, this definition will be tested in relation to the actual practices of socio-economic researchers, whose activities, qualifications and professional affiliations will be profiled as part of the project’s work. In the meantime, a brief survey of projects described as socioeconomic research projects indicates that they cover a very broad range in relation to the backgrounds and qualifications of...
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...PPA 604 Complete Course /Urban Planning or Redevelopment Click Link Below To Buy: http://hwcampus.com/shop/ppa-604-complete-course/ PPA 604 Week 1 DQ 1 Define the concepts of interconnectedness and complexity as it relates to urban planning. Why are these two concepts so important to urban planning? Explain what Woodrow Wilson (1887) meant when he claimed that politics and administration should be considered to exist separately from each other. How do the concepts of interconnectedness and complexity compare to the theory posited by Woodrow Wilson claiming that administration is separate from politics? Respond to at least two of your classmates’ postings. PPA 604 Week 1 DQ 2 What were the major forces behind urban growth in early United States history? What influence did urban growth have on urban concentration and population density? What new demands were placed on city governments when population density increased? What steps did city governments take to help deal with new demands resulting from the influx in population? Respond to at least two of your classmates’ postings PPA 604 Week 2 DQ 1 Discuss the process that must occur in order for government to proclaim eminent domain to assume control over the private property of citizens. How does eminent domain differ from the concept of government zoning? How does eminent domain differ from police power as it relates to the government assuming control over private property? Discuss at least...
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