to rise. 2) Explain what is meant by automatic stabilizers and how they work to minimize fluctuations in economic activity. Answer: The automatic stabilizers is exactly what it sounds like. These are programs that stabilizes the economical cycles automatically and without government intrusion. The economic policies and programs designed to offset fluctuations in a nation's economy is what is referred by automatic stabilizer. This intervention is without the explicit government or policy makers
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Motivation is one of the key ingredients of business success, even in the current economic crisis, where fears of lay-offs, company closures and downsizing are affecting staff morale. Recognizing these effects on staff morale, do manifest in small ways that could become a deciding factor in how productivity and attitudes inside your organization determine your Organizations future. 1. Absenteeism Raising rates of absenteeism signals an increase in members of your staff becoming more unmotivated
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Indicate where we are currently in the business cycle and where you think we are going. Use real current and historical data involving real GDP, unemployment, and inflation (at a minimum) and a summary of your drop box forecasting effort to support your view on current and expected macroeconomic conditions in the US economy. According to the historic data from the Fairmodel website (Yale), the US demonstrates slow but steady growth in the current business cycle. Gross Domestic Product (GDP) rose 10
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Business Proposal ECO/561 May 11, 2015 Business Proposal Introduction Transportation has evolved tremendously in today’s world. If someone does not have a way of transportation, there is a taxi service available and now a business called Uber. Uber is a company that is available to consumers to request a ride and pay via the mobile app. Uber is available in more than 50 countries and is expanding. This seemed to be very convenient to the consumers because they can go anywhere and even reserve
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the economy as whole (Colander, 2013, p. 5). It considers the problems of inflation; unemployment, business cycles, and growth (Colander, 2013, p. 5). Inflation is a general increase in prices and fall in the purchasing value of money. Unemployment rate refers to the number of people actively looking for a job but unable to find one (Colander, 2013, p. 5). Business cycle is a cycle or series of cycles of economic expansion and contraction (Colander, 2013, p. 5). Economist analyzes each of these factors
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BILLABONG Nature of the business * Marketing, distribution, wholesaling and retailing of apparel, accessories, eyewear, wetsuits and hardgoods in the boardsports sector under the Billabong element, von zipper, honolua surf company, kustom, palmers surf, Nixon, xcel, tigerlily, sector 9, DaKine and RVCA brands * Billabong International’s values remain consistent with its foundation objectives. Includes a commitment to brand protection and enhancement, the manufacture of design-relevant and
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Kai Chin Professor Lassar English 122 March 1, 2015 Unemployment Unemployment can be used to measure the health of an economy and is a key concept in economics, affecting more than just those who are unemployed. Someone who is unable to find work but is still actively searching is considered unemployed. Although, there is a seemingly odd way of knowing what is and what isn’t considered unemployed as well as knowing that there are multiple types of unemployment and unemployment rates. There are
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Ruben Alvarez Professor Salmon Namala Macroeconomics 201 16 May 2015 Outline Main Points 1) America the Relatively Beautiful The bow-tie-wearing president of Estonia, Toomas Hendrik Ilves, told a story in Davos about a young Estonian inventor he invited to tea in the summer of 2011 who told him he was moving to the U.S. in two weeks to make his fortune. His name is Hardi Meybaum, and he co-founded a computer-aided-design company called GrabCAD. Last fall the now-Boston-based company
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SCHOOL OF ECONOMICS AND FINANCE FACULTY OF BUSINESS AND ECONOMICS THE UNIVERSITY OF HONG KONG Pokfulam Road, Hong Kong _____________________________________________________________________________________ ECON2102/2220 Intermediate Macroeconomics 2015-2016 ECON2102CD/2220CD Instructor: C. Chen Office: 901 KKL Office hours: Monday 1:40am – 3:00pm and Tuesday 4:40pm – 6:00pm E-mail: ccfour@hku.hk Semester: 2 Class meeting: ECON2102C/2220C: Monday 9:30am – 12:20pm in LE6 ECON2102D/2220D: Tuesday 1:30pm
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Ime Ekwere Business Economic Business Economics GM545 Fall 2011 Ime_ekwere2004@yahoo.com 16-5 Why is frictional unemployment important to have in any economy? Frictional unemployment is considered as a sign of an economy well being for unemployment that exits in a fast-growing economy with an expanding mobile, flexible and adaptable labor force of having choices. This type of unemployment is beneficial to workers because it allows them to seek for jobs they want
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