Definitional 2. Macroeconomic statistics include GDP, the inflation rate, the unemployment rate, retail sales, and the trade deficit. ANS: T DIF: 1 REF: 23-0 NAT: Analytic LOC: The study of economics and definitions of economics TOP: Macroeconomics MSC: Definitional 3. Macroeconomic statistics tell us about a particular household, firm, or market. ANS: F DIF: 1 REF: 23-0 NAT: Analytic LOC: The study of economics and definitions of economics TOP: Macroeconomics MSC: Definitional 4. Macroeconomics is the
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Chapter 10 Classical Business Cycle Analysis: Market-Clearing Macroeconomics Goals of Chapter 10 A) Use the IS-LM model with rapidly adjusting wages and prices to present the classical model B) Examine the relationship between money and the business cycle I. Business Cycles in the Classical Model (Sec. 10.1) A) The real business cycle theory 1. Two key questions about business cycles a. What are the underlying economic causes? b. What should government policymakers do about them
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International Journal of Humanities and Social Science Vol. 1 No. 12; September 2011 Does There Exist Okun’s Law in Pakistan? Khalil Ahmad1 Assistant Professor Economics Department University of the Punjab, Lahore, Pakistan Sumaira Khalil Student of PGDAE Economics Department University of the Punjab, Lahore, Pakistan Allah Ditta Saeed Assistant Professor Economics Department University of the Punjab, Lahore, Pakistan Abstract This study tests the relevance of Okun’s law to Pakistan
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Ben Bernanke’s, The Macroeconomics of the Great Depression: A Comparative Approach, argues that monetary factors played an important causal role, both in the worldwide decline of prices and output, and in their eventual recovery during the Great Depression. Bernanke also asserts that monetary shocks, or declines in the money supply, induced by the countries being on the gold standard were fundamental in causing the Great Depression and showing that nominal shocks indeed had real effects. Using research
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interest rate on national saving in five Association of Southeast Asian Nations (ASEAN) of Indonesia, Malaysia, the Philippines, Singapore and Thailand. We analyze impact real interest rate to nation saving for ASEAN starting 1991-2013. Through an analysis from Excel, real interest rate is found to have significant impact on national saving during different stage of economic. Extensions using a graph reveal the impact of real interest rate in ASEAN-5 and thus mainly reflect heightened concerns to national
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mainly in investment promotion, facilitation, and policy advocacy support for the policy makers. The Board of Investment Act 1989 (Act XII of 1989) has entrusted the Board of Investment with responsibility for inter alia "collection, compilation, analysis and dissemination of all kinds of industrial data and establishment of data bank for that purpose"- BOI has endeavored in to portray a brief on Foreign Investment registered from 1977 to 2010 for Joint venture investment and from 1990-2010 for the
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countries, balance of payment of each country, interest rate in Indonesia and UK, inflation rates in both countries, and stock indices in both countries. Basically, we will analyze the data and make descriptive statistics analysis, balance of payment analysis, interest rate parity analysis, and stock indices correlation and its implication to portfolio holdings. We will close the report by the summary of all findings. This report will also provide all necessary graphs and
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THE COURSE ECON 466 DEPARTMENT OF ECONOMICS BY VEYSEL ERDEM TORAMAN FALL, 2012 ABSTRACT This paper elaborates on the foreign direct investment and the economic growth in the Turkish economy by surveying literature and constructing empirical analysis. The Turkish economy and its brief history with foreign direct investment is analyzed following and both empirical studies and researches showed that the low and inadequate levels of foreign direct investment in Turkey has no effect on economic growth
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Chapter one provides an overview and background of the study, the statement of problems, objectives of the study, research hypothesis / questions, as well as relevance of the study. Chapter two of the work reviews relevant literature and a comparative analysis of various scholarly and expert perspectives on the subject under discussion. In this chapter authorities in the field are quoted and theories are assessed. Chapter three presents the method of data collection and the methodology that was used in
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causes or potential results of macroeconomic changes in the components of the economy. Using the Fairmodel tool, we can use a comprehensive computer model to predict the impact of a “shock” to the economy. We can analyze the impact of this “shock” on overall Real GDP (Aggregate Expenditure) as well as the impact upon the individual components that make up GDP (i.e. other macroeconomic components and indicators such as bond rates, money supply, etc.) For this analysis, we have created two models of
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