The articles are talking about Inflation and the effects of it on the GDP of the United States compared to China. The first article is called “Catching the Eagle”. In December 2010‚ the Economist introduced a chart that made prediction of when China’s economy will overtake America’s economy. When the chart was first introduced in 2010‚ the Economist included a set of default assumptions for the decade ahead. They assumed that growth would average 7.75% in China over the subsequent ten years and 2
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ECONOMETRICS PROJECT Abstract In this project I have tried to obtain dependency of CO2 emissions on GDP‚ petroleum consumption and energy consumption. The country taken under consideration is India. I have taken the time period 1985-2005. I have used the multiple regression analysis to establish the relationship. The software used is STATA. Introduction Carbon dioxide (CO2) is the primary greenhouse gas emitted through human activities. Carbon dioxide is naturally present
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from the specified documents and compiling databases in order to analyze the material and arrive at a more complete understanding and historical reconstruction of the Marijuana legalization and how does it affect the country’s Gross Domestic Product (GDP). A sample of 30 persons aged between 17 and 30 was chosen to answer a set of questionnaires regarding the topic. Both quantitative and qualitative evaluations were utilized for this research project leveraging subjective methods such as interviews
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Regression Analysis Variables | Coefficient | Standard Errors | T-Ratio | P-value | In Real interest rate | -0.2600846 | 0.1930792 | -1.35 | 0.196 | In Inflation rate | 0.0972735 | 0.1828835 | 0.53 | 0.602 | In Money supply | 0.9009881 | 0.897232 | 10.04 | 0.000 | No constant | -0.0138525 | 2.724178 | -0.01 | 0.996 | Dependent variable: Semdex Prob > F = 0.0000 R- Squared = 0.8841 Adj R-squared = 0.8636 . The Adjusted R2 - the coefficient of
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Although national income is a convenient way for measuring the standard of living between countries‚ it still has its limitations. Firstly‚ as national income statistics are calculated from millions of different returns to the government‚ inevitably mistakes are made. For example‚ returns may be inaccurate or simply not completed. This makes the data incorrect‚ hence hindering people to analyze the living standard of a country accurately. Secondly‚ National income does not record the output
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Foreign Direct Investment (FDI) is a key component of the global capital flow that entails world economic growth through investment opportunities. As an investment tool FDI also affect the aggregated growth of the host country. FDI as a share of GDP has become the largest source of capital moving from developed nations to developing ones. FDI inflow usually involves starting new production facilities namely Greenfield investments or purchase of existing business through mergers and acquisitions
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Discuss how the government can use discretionary fiscal policy and automatic stabilisers to stabilise fluctuations in real GDP. What tools does the government have at its discretion to stabilise the economy? Suppose the government decides to decrease income taxes. Show in a diagram and explain how this policy will lead to an increase in real GDP. Explain how potential output may be affected. A discretionary fiscal policy refers to deliberate changes in the level of government spending‚ transfer
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Program: Financial and Economic Sector Policies Course title: International Macroeconomics and Policy Assignment title: Analyzing relationship between inflation rate and per capita GDP growth INTRODUCTION There have been different theories for explaining crucial relationship between inflation and per capita GDP growth. In this paper we will consider the neoclassical model and wage equation. This approach is very useful in terms of flexibility to understand underlying assumptions behind the theory
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The relationship between Life Expectancy at birth and GDP per capita (PPP) Candidate: Teacher: Candidate number: Date of submission: Word Count: 2907 Section 1: Introduction In a given country‚ Life Expectancy at birth is the expected number of years of life from birth. Gross domestic product per capita is defined as the market value of all final goods and services produced within a country in one year‚ divided by the size of the population of that country. The main objective
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Discuss how the strategic behaviour of BPL would be affected by changes in GDP Gross Domestic Product (GDP) is a measure of the country’s national income and it is calculated by aggregating the income of the total population resident in the UK over a period of time. Fig.2 provides data on the percentage rise or fall of GDP for each quarter of the year from 2006 to 2010. During the first two years of the time series there is positive growth‚ which means that the UK economy was expanding and
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