Necessity knows no law. Bần cùng sinh đạo tặc. In December 2008, just a few months after the U.S. financial system imploded, New York City was hit by a flurry of bank robberies. On the Monday before New Year’s, four banks were attacked in an hour-and-a-half; one daytime raid took place just steps from the Lincoln Center in downtown Manhattan. The week before, San Diego had seen four bank holdups in a single day. Criminologists wondered if the holiday spree was the first sign of a looming crime
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popularity in 1960s. The inverse relationship between unemployment rate and inflation rate was first observed by William Phillips in 1958 in his study on British economy during the period 1861-1957. For many years this relationship has been used by policy makers to target unemployment and inflation levels. However, in recent times there are various doubts emerging to this concept as there are cases studied where the trade off between unemployment rate and inflation rate can be observed in the long
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value of the GDP deflator? GDP deflator = (nominal GDP/real GDP) X 100 = $10,608/$10,400 X 100 = 102 4. In 2009, civilian employment was 139,877,000 and unemployment was 14,265,000. What was the unemployment rate? U = 100 x (number of unemployed/civilian employed + unemployed) = 100 x (14,265,000/14,265,000 + 139,877,000) = 9.25% unemployment
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Thesis statement: Research indicates that there is drastic increase of crime rates due to the high levels of unemployment, harsh economic conditions population density. Annotated Bibliography Fougère, D., Kramarz, F., & Pouget, J. (2009). Youth Unemployment and Crime in France. Journal Of The European Economic Association, 7(5), 909-938 Fougère, Kramarz, & Pouget have argued that when there is a large number of youths who are unemployed, the country may have increased criminal activities as
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well though there has been an improvement in market performance. The 2009 financial crisis continues to affect the United States economy. High unemployment level is the major economic issues that the country is still experiencing. The unemployment rate is still high although there has been a small improvement in job creation. As a result of unemployment, the consumer confidence as well as business sentiment continues suffering. At present, inflation is not a critical threat to the United States
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and Decision ModellingProfessor Dr. Steven GoldBy | AISHWARYA INUKULA | 11/26/2013 | Contents History 1 Economy: 1 Currency 2 Banking: 3 Currency Moment vs. USD: 3 1) GDP GROWTH: 4 2) INFLATION: 6 3) FOREIGN DIRECT INVESTMENT 7 4) UNEMPLOYMENT 7 5) INTREST RATE 8 6) FOREIGN TRADE 9 7) INDUSTRIAL PRODUCTION 10 8) ECONOMIC FREEDOM INDEX 11 9) POLITICAL STABILITY: 11 10) Stock Market Performance 12 Major Trade Partners 12 Weaknesses 13 Conclusion 13 Appendix 14 History: Between
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People are living longer thanks to medical achievements, economic well-being and no more war. So would society be better if life spans were increased? It is believed that increase of human lifespan would have implications for social security benefits, medical care, housing, economy, etc. This essay will look at the pros and cons of a longer lifespan in relation to family and workplace. First, I will write about the advantage and disadvantage of increased longevity with regard to family. On the plus
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grasp all that economics has to offer it is important to understand the terms and concepts that are frequently used in economics. Some of the main terms that are essential to comprehend are: gross domestic product (GDP), real GDP, nominal GDP, unemployment rate, inflation rate, and interest rate. These terms are used frequently within the economic world and being able to understand the definition and be able to apply it in real life situations is important. It is also essential to think of real
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technology to the economic development 2 2. Robots at work 2 3. Unemployment in the economy 3 4. Effect of AI and robots on unemployment. 3 Examples of affected jobs 5 Conclusion 6 Appendix – answers of some industry experts to the Pew Research Center 7 References 8 Table of Figures Figure 1 - The Pew Research Center study results 4 Figure 2 - economists poll result concerning automation and unemployment 5 Introduction Robots: these fascinating inventions that have long
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Effect Macroeconomics covers the studies and behaviors of our economy. The data complied through studies can be current or historical data. Subjects that are more commonly studied and tracked are the Gross domestic product (real and nominal), unemployment rate, inflation rate, and interest rate. Gross domestic product is the value of all goods and services produced in a country within a year. It also consists of what our government invest and spends during that year while adding the value of
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