is the rationale underlying government fiscal deficit, the significance of the rational expectation hypothesis in Nigerian economy and the consequences and impact of this action on the economy. Data for this study were collected from CBN statistical bulletin and gazette of the Federal Ministry of Finance. The study employed a descriptive analysis. Government has been allocation more fund to recurrent expenditure over the period under study. Using key fiscal indicators the study recommended that for
Words: 2515 - Pages: 11
WORKBOOK ANSWERS Edexcel A2 Economics Unit 4 The Global Economy This Answers document provides answers for the questions asked in the workbook. They are intended as a guide to give teachers and students feedback. Topic 1 Poverty and inequality in developed and developing countries Measuring poverty and inequality 1 A standard of living that fails to provide basic needs, such as food, shelter and clothing. (1 mark) Often measured by the number falling below a threshold
Words: 17857 - Pages: 72
heterogeneity in saving behavior is associated to country and time differences in levels of development, growth performance, and fiscal and financial policies. The level of real interest rates has once again become the focus of policy makers' concerned. To understanding the response of national saving to changes in interest rates is central to many issues in economic policy. For example, a reduction in the budget deficit would probably cause interest rates to decline. If personal saving declined as
Words: 6819 - Pages: 28
declining export demand and lustreless prices of most export commodities acting as powerful brakes on the growth momentum in Africa and elsewhere in the developing world. 407 The South African Quarterly Bulletin, No.252 further noted that under these circumstances inflationary pressures dissipated in most parts of the world. At the same time, numerous countries continued with their efforts to support aggregate demand by means of unparalleled infusions of fiscal and monetary stimulation. Up to the
Words: 2128 - Pages: 9
either from time to time and from one country to another. In order to greasing the engine of the economy, government used several policies such as: * Financial or monetary policies to influences supply of money in their economy. * Fiscal policy such as taxes and government expenditure. * Income policy to control prices and wages. * Supply-side policy which focuses on the aggregate supply and how to increase the production. Macroeconomic are one of the mechanism to forecast economic
Words: 3314 - Pages: 14
periods of contraction The global financial crisis in 2008-09 which are still on the go, they actually started from the 20th century and they have been increasing since then. In the end of 20th century the U.S housing prices after a multiyear started declining, the mortgage prices had been at a very high rise before that and suddenly they started declining at the end of 20th century. Around mid 2008 there was a striking increase in the mortgage delinquencies. This increase was also followed by
Words: 5046 - Pages: 21
I’m going to identify a brief history of the automotive industry, how it impacts the GDP, the unemployment rate, and the inflation rate as measured by the Consumer Price Index (CPI). The supply and demand of the automotive industry as well as the profits derived from the sector are clearly impacting by then macroeconomic policies. The industry’s history demonstrates the trends it follows in the business cycle and how economic indicators have impacted the performance of the industry over the years
Words: 2902 - Pages: 12
The Function and Governance of IMF Lending Policies in Malawi The International Monetary Fund was established at the United Nations Conference held in Bretton Woods, New Hampshire, United States in July, 1994. The IMF's goal is to build a framework of cooperation between nations into hasten up post-war reconstruction, to aid political stability, and to encourage peace (Lele 154). The IMF membership is at 188 countries. According to the organizational structure, each participant country in the organization
Words: 1512 - Pages: 7
freedoms and the category in which it is classified under. |Rule of Law |Limited Gov’t |Regulatory Efficiency |Open Markets | |Property Rights |Fiscal Freedom |Business Freedom |Trade Freedom | |Freedom from Corruption |Government Spending |Labor Freedom |Investment Freedom
Words: 1538 - Pages: 7
ijcrb.webs.com MARCH 2013 VOL 4, NO 11 INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS EFFECT OF TRADE DEFICIT ON THE ECONOMY OF PAKISTAN Mohsin Abbas Superior University, Lahore, Pakistan Hassan Raza (Corresponding author) University of Lahore, Lahore, Pakistan Abstract This study has conducted to find the effects of trade deficit on the economy of Pakistan in which trade deficit is the independent and gross domestic product, foreign direct investment exchange rate
Words: 14436 - Pages: 58
