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... A budget rule which is applied not in each budget year but (only) over the cycle is basically reasonable from an economic point of view. On the other hand, it opens room for discretionary decisions because what the cycle and its average GDP growth rate is can not be known in advance – but has to be ...
... A budget rule which is applied not in each budget year but (only) over the cycle is basically reasonable from an economic point of view. On the other hand, it opens room for discretionary decisions because what the cycle and its average GDP growth rate is can not be known in advance – but has to be ...
Press summary (PDF, 241 KB)
... Marked growth in production, by contrast, is expected to lead to a strong employment dyna‐ mic in jobs liable to social security contributions, and the number of persons in employment is expected to rise by around 350,000 this year, and by just under 250,000 in 2016. Against this background, the u ...
... Marked growth in production, by contrast, is expected to lead to a strong employment dyna‐ mic in jobs liable to social security contributions, and the number of persons in employment is expected to rise by around 350,000 this year, and by just under 250,000 in 2016. Against this background, the u ...
Slide 1 - Spring Branch ISD
... C) No, because the government can refinance the public debt by selling new bonds to pay off holders of maturing bonds. D) No, because most of the public debt is held by foreign nations and they would prefer to refinance the debt. E) No, because most of the public debt is held by American citizens wh ...
... C) No, because the government can refinance the public debt by selling new bonds to pay off holders of maturing bonds. D) No, because most of the public debt is held by foreign nations and they would prefer to refinance the debt. E) No, because most of the public debt is held by American citizens wh ...
Phases of the Business Cycle
... 6. New building permits issued 7. Index of stock prices 8. Money supply 9. Spread between rates on 10-year Treasury bonds and Federal funds – 10. Index of consumer expectations ...
... 6. New building permits issued 7. Index of stock prices 8. Money supply 9. Spread between rates on 10-year Treasury bonds and Federal funds – 10. Index of consumer expectations ...
Mid-Summer Examinations 2015
... b) employed or unemployed c) not unemployed d) between 18 and 65 years old 21. The CPI is not a good measure of prices faced by students because: ) Most students’ consumption is different from the average consumer’s b) Most students do not hold any stocks and bonds c) Most students do not work d) N ...
... b) employed or unemployed c) not unemployed d) between 18 and 65 years old 21. The CPI is not a good measure of prices faced by students because: ) Most students’ consumption is different from the average consumer’s b) Most students do not hold any stocks and bonds c) Most students do not work d) N ...
Chapter 1
... - Nominal GDP is the market value of all final goods and services produced in a year. - Nominal GDP is calculated using the current prices prevailing when the output was produced (P x Q), but real GDP is a figure that has been adjusted for price ...
... - Nominal GDP is the market value of all final goods and services produced in a year. - Nominal GDP is calculated using the current prices prevailing when the output was produced (P x Q), but real GDP is a figure that has been adjusted for price ...
Wendy Edelberg`s slides
... High and rising debt has a number of consequences: • Lawmakers would have less flexibility to use tax and spending policies to respond to unexpected challenges. • Federal spending on interest payments would rise substantially when interest rates increased from their current levels to more typical o ...
... High and rising debt has a number of consequences: • Lawmakers would have less flexibility to use tax and spending policies to respond to unexpected challenges. • Federal spending on interest payments would rise substantially when interest rates increased from their current levels to more typical o ...
Economy in Brief
... interest rates to decline. Short-term interest rates have fallen more than a percentage point since early September, bringing their cumulative decline since January 1995 to over 5 percentage points. This has brought about a rather large negative spread between Canadian and U.S. yields on 3-month Tre ...
... interest rates to decline. Short-term interest rates have fallen more than a percentage point since early September, bringing their cumulative decline since January 1995 to over 5 percentage points. This has brought about a rather large negative spread between Canadian and U.S. yields on 3-month Tre ...
GDP and the AS/AD Relation1 In-Class Problem2 Assume the
... form of a decrease in government spending in the amount of $50 billion? ...
... form of a decrease in government spending in the amount of $50 billion? ...
ratio rises
... Resources are limited Resources are necessary for production (output ƒ resources) Disasters increase resource scarcity (disasters destroy land, labor &/or capital) Output must be lower than it would have been had the disaster not occurred ...
... Resources are limited Resources are necessary for production (output ƒ resources) Disasters increase resource scarcity (disasters destroy land, labor &/or capital) Output must be lower than it would have been had the disaster not occurred ...
Chapter 13
... • GNP- the dollar value of all final goods, services and structures produced in one year with labor and property supplied by a country’s residents. • GNP is based on GDP, but – Measures goods produced outside of US by US firms. – Must subtract money made here by foreign firms. – Therefore: in a clos ...
... • GNP- the dollar value of all final goods, services and structures produced in one year with labor and property supplied by a country’s residents. • GNP is based on GDP, but – Measures goods produced outside of US by US firms. – Must subtract money made here by foreign firms. – Therefore: in a clos ...
APMac2 - nrapmacro
... percent in November. The index for all items less food and energy rose 0.1 percent in December after being unchanged in November. (January 29, 2010) Federal Reserve The FOMC will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic condit ...
... percent in November. The index for all items less food and energy rose 0.1 percent in December after being unchanged in November. (January 29, 2010) Federal Reserve The FOMC will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic condit ...
Economics 12 - Course Notes
... Spending side: Unemployment compensation, social security Supply-side policies (basis of Reagonomics): ...
... Spending side: Unemployment compensation, social security Supply-side policies (basis of Reagonomics): ...
DOC - World bank documents
... reforms, in particular the three-stage Decentralization and Competitiveness DPL (DECDPL) series, provided important input in the design of this programmatic series. The aim of this programmatic series regarding decentralization was to establish a conceptually coherent and fiscally sound foundation o ...
... reforms, in particular the three-stage Decentralization and Competitiveness DPL (DECDPL) series, provided important input in the design of this programmatic series. The aim of this programmatic series regarding decentralization was to establish a conceptually coherent and fiscally sound foundation o ...
Changes in Customer Spending Adjust the structure of marketing
... for bankruptcy 2001.Sept Terrorist attack on the US. The Euro fall below $0.90 again ...
... for bankruptcy 2001.Sept Terrorist attack on the US. The Euro fall below $0.90 again ...
Global Recession: How Deep and for How Long?
... how long this recession would last as well. According to the OECD, for most countries "a recovery to at least the trend growth rate is not expected before the second half of 2010 implying that the downturn is likely to be the most severe since the early 1980s, leading to a sharp rise in unemployment ...
... how long this recession would last as well. According to the OECD, for most countries "a recovery to at least the trend growth rate is not expected before the second half of 2010 implying that the downturn is likely to be the most severe since the early 1980s, leading to a sharp rise in unemployment ...
Abenomics
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Abenomics (アベノミクス, Abenomikusu) refers to the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe to his second term as prime minister of Japan. Abenomics is based upon ""three arrows"" of fiscal stimulus, monetary easing and structural reforms. The Economist characterized the program as a ""mix of reflation, government spending and a growth strategy designed to jolt the economy out of suspended animation that has gripped it for more than two decades.""The term ""Abenomics"" is a portmanteau of Abe and economics, and follows previous political neologisms for economic policies linked to specific leaders, such as Reaganomics, Clintonomics and Rogernomics.