prices on the macro economy of a country? Research has demonstrated oil price fluctuations do impact economies as well as supply of and demand for the commodity. This influence on macroeconomic activity generated symmetric movement between price and many macroeconomic indices in the 1970's. However, after 1982, macroeconomic indices did not demonstrate the same proclivity to react to oil price movement. Information spreads almost instantly with the emergence of the internet. This expedient movement
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COURSE TITLE : ADVANCED MACRO ECONOMICS COURSE CODE : ECN 703 REG NO: 15491119 NAME: GODWIN OMAGU QUESTION: Given the 'Rational Expectations Theory' a short run tradeoff between the price level and unemployment can only exist if the economy agent can distinguish arbitrary from real shock. Discuss Rational Expectations Theory What is the 'Rational Expectations Theory' The rational expectations theory is an economic idea that the people in the economy make choices based on their rational
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France and Italy were significantly higher than in the UK. Examine the factors which might explain why the UK's unemployment rate was lower in these countries. b) To what extent might the pursuit of full employment conflict with other macroeconomic objectives? ------------------------------------------------- Exemplar: 1)a) 'The competitiveness of the Uk's manufacturing sector has declined in recent years'. Discuss the factors which may have affected the international competitiveness of
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Research. Title of the Research: “Fiscal Policy and Hartal: A Case Study on Bangladesh from 2013 to 2014; specially on the Last National Election Period in Bangladesh”. Intruduction: Fiscal policy is very much related to the Public Finance in the Macroeconomics. Fiscal policy means the process by which government’s expenditures, tax rates and budgets would be monitored the national economy.The term “Hartal” basically comes from Gujarati language. “Hat” means market and “tal” means tala or lock, which
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policies): There is a range of policy measures a government may use to reduce unemployment, however, the choice of measures are influenced by the cause of the unemployment, the rate and duration of unemployment and the state of the other macroeconomics objectives. If the economy is below its productive capacity, unemployment may be reduced by increasing AD. Expansionary fiscal and/ or monetary policy can be used to create jobs. Fiscal policy: increase government spending and/or cut taxes in order
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Key term | Definition | Accelerator | A change in the level of investment in new capital goods is induced by a change in the rate of growth of national income or AD. | Actual output | Level or real output produced in the economy in a particular year, not to be confused with the trend level of output. The trend level of output is what the economy is capable of producing when working at full capacity. Actual output differs from the trend level of output when there are output gaps. | Aggregate
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RESEARCH PROBLEM IDENTIFICATION & DEFINITION Relationship between macroeconomic variables and broad market index: A causal relationship between Nifty CNX and macroeconomic variables in India ABSTRACT The relationship between macroeconomic variables and broad market index by now are well documented in the literature. However a void in the literature relates to examining the causal relationship between Nifty CNX and macroeconomic variables such as FDI, FPI, weighted average lending rate (WALR), GDP
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10/22/12 10.2 saving investment and the financial system Economic growth depends on the ability of firms to expand their operations and adopt new technologies Firms lacking sufficient funds to finance expansions and/or the adoption of new technologies may acquire funds from households through financial system Financial system: the system of financial markets and financial intermediaries through which firms acquire funds from households. Economics growth is impossible without a well-functioning
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1970s. In the 1970s and the 1980s, governments abandoned the restrictive macroeconomic means of the model and were thus unable to combine low rates of unemployment with low inflation and high economic growth. Since the early 1990s, Sweden has not met the requirement of full employment in the Rehn-Meidner model. Recent declarations by the EU to prioritise full employment once again but without giving up the objectives of price stability and growth legitimise a renewed interest in the model.
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Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh Introduction Foreign direct investment (FDI) is a potent weapon of developing the Bangladesh economy and can play an important role in achieving the country’s socio-economic objectives including poverty reduction goals. In a capital-poor country like Bangladesh, FDI can emerge as a significant vehicle to build up physical capital, create employment opportunities, develop productive capacity, enhance skills of local labor through
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