and near-poor, as well as vast improvements in infrastructure investment. Considerable challenges remain in achieving Indonesia’s goals. Due to weaker demand for commodities – the fuel for Indonesia’s economic boom in the past decade – Indonesia’s GDP growth has been slowing since 2012. The pace of growth in fixed investment, exports, and consumption, has slowed – and these developments have impacted the rate of poverty reduction. The poverty rate declined by 1% annually from 2007 to 2011, but has
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annual data for the years 2006 to 2014 showing the rate of growth of real GDP, the inflation rate, and the unemployment rate for Australia, the United States and one Euro-zone economy of your choice. Using the graphing tool in Excel, present three time-series line graphs: one for each economy containing all three variables. Label each axis, give your chart a title and state source of data. Graph 1: The 2006-2014 data of the GDP annual growth rate, the inflation rate, and the unemployment rate of Australia
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Why does GDP accounting include only the final value of goods and services produced? What would be the problem if intermediate products were included? The reason why only final goods and services are counted, is to steer away from multiple counting. The cost of all intermediate products and services are already included in the final sales price. So by including them would mean that the product(s) where double counted, which would overstate gross domestic product. 5. Describe why GDP can be computed
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understand the current sovereign debt crisis in Greece, a longer view is warranted The 20 year period 1989-2009 is bounded by two major fiscal crises in Greece: the 1989-1993 crisis, and the ongoing crisis. In both crises deficits exceeded 15,0% of GDP. In between, Greece entered the Economic and Monetary Union and adopted the Euro To facilitate discussion the 20 year period will be divided into two parts: the 1989-1999 period, and the 2000-2009 period. 2 1989-1999: securing EMU membership
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120 110 AD1 AD0 Real GDP Money wage rate response Price level LAS SAS1 130 C SAS0 Money wage increases and SAS0
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ECONOMIC INDICATORS OF THE PHILIPPINES THESIS STATEMENT This research paper is focused on the idea that concepts in financial mathematics are not only applicable for businesses but can also go hand-in-hand with measuring the economic condition of the country. INTRODUCTION Economic indicators are usually packed with statistics prepared by government agencies, non-profit organization and at time even private companies. Moreover, economic indicators play a vital role in the market
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《 》 2010 1 —— — ： 。 ， ， “ ， ， “ ， 。 ： ； ； ， ” ， ， ” 。 1985-2007 GDP （EKC ）， 。 Eviews6.0 EXCELE ， ， 、 ， 。 。 ； 。 。 （ ： （EKC ） ， ）。 ， GDP ， ， ， 。 ， ， 。 ， 1 ， ， ， ” 。 。 “ ， ， ， ， [ ； ： “ ， ， ” 。 U ， 1985-2007 、 1 EKC ， 。 （ ： — —— ] ： 08XNG020 ） 。 08 08 。 ： zhouyamin2007@yahoo.com.cn ； ： - 80 - 《 》 2010 1 、 ， 20 60 Chenery Syrquin （1975） ， 。 、 ， （Chenery et al. ， 1986）。 ： ； ， ， ， ， （Grossman & Krueger ，
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Q. How is GDP measured and what are its limitations as a measure of the quality of life? A. Gross Domestic Product (GDP) can be defined as the annual value of output produced by factors of production within a nation’s border. In other words, it is the sum of all incomes earned by the country’s residents when producing goods and services with resources located inside that country. GDP is not to be confused with Gross National Product (GNP), which measures the flow of output produced with resources
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The comparison of Gross Domestic Product (GDP) between Ireland and Malaysia and its reasons. (Real Growth Rate) Year | Real GDP Growth of Ireland (%) | Real GDP Growth of Malaysia (%) | 2006 | 5.3 | 5.9 | 2007 | 5.6 | 6.5 | 2008 | -3.0 | 4.8 | 2009 | -7.0 | -1.6 | 2010 | -0.4 | 7.2 | 2011 | 0.7 | 5.1 | The visuals above indicated the GDP (Gross Domestic Product) of two countries which were Ireland and Malaysia. During the year 2006, the GDP of Ireland recorded 5.3% because Ireland’s
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Gross Domestic Product? GDP stands for Gross Domestic Product. GDP is the monetary value of all goods and services produced in a country within a given time period. Any goods or services produced outside the specified country is not included the country’s GDP. GDP is usually used as an indicator of an economy’s health and it also measure a country’s standard of living. GDP is often calculated quarterly and yearly and is used as a comparison to the previous quarter or year. GDP is composed of overall
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