15 Subsidies 11 Retained profits 10 Profits tax 8 The amount of national income at factor cost is A. $159 million. B. $160 million. C. $168 million. D. $177 million. (92 -14) 5. Which of the following items should be excluded from GNP at market prices in order to calculate disposable personal income? (1) indirect business taxes (2) income tax (3) retained earnings (4) transfer payments (5) subsidies A. (1)‚ (2) and (3) only B. (1)‚ (2) and (4) only C. (1)‚ (3) and (5) only D. (2)
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the questions below. List 2 data sources researchers use to estimate historical standards of living and explain what they can infer from these sources. List three indicators of economic development other than National Income measures (NI‚ GDP‚ or GNP‚ level‚ growth rate‚ or per capita) that are of interest to economists and explain what can be inferred from each of these indicators. i. Life expectancy at birth. Unambiguous measure of welfare ii. 4. heights and skeletal remains (Professor
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International Monetary Fund and World Bank Report By M.Zohaib Sohail and Saad Rasool Presented To Mirza Aqeel baig Table of Contents Introduction to IMF and World Bank Differences between IMF and World Bank Conditionalities IMF and World Bank in Pakistan 10 reasons to abolish IMF and the World Bank Conclusion Way out for Pakistan Introduction If you have difficulty distinguishing
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the United States)‚ and 2.3 percent of world GDP‚ but host 5.7 percent of the foreign employment and 8.4 percent of foreign property‚ plant and equipment of American firms. Per capita real GDP in tax haven countries grew at an average annual rate of 3.3 percent between 1982 and 1999‚ which compares favorably to the world average of 1.4 percent. Tax haven governments appear to be adequately funded‚ with an average 25 percent ratio of government to GDP that exceeds the 20 percent ratio for the world
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Jaipuria Institute of Management‚ Jaipur Term Paper on FACTS ON SAVINGS AND INVESTEMENT Submitted to: Dr. Prerena Jain MEBE -1 Submitted by: ANKUR CHAKRAVARTY
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1987 China’s leaders set a goal to double the nation’s Gross National Product from 1980. China achieved this before the end of the decade. The Chinese government then set a goal to quadruple the GNP from 1980 by the year 2000. The goal was achieved early in 1995. China’s current goal is to raise per capita GNP to the average of all developed countries by 2050. China is trying to achieve a balance between a market-driven economy and a society that is philosophically dedicated to the common development
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1)What is the development and growth ?How differ from each other? Growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in
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The Economic Impact of the President’s 2013 Budget April 2012 CONGRESS OF THE UNITED STATES Contents Overview How the Government’s Fiscal Policies Can Affect the Economy Fiscal Policies and Output in the Short Run Fiscal Policies and Output in the Long Run How the President’s Budgetary Proposals Would Affect the Economy Effects on the Economy Through 2017 Effects on the Economy After 2017 Economic Models and Results Estimated Economic Effects and Their Budgetary Implications Through 2017
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of submission:01.04.2013 Table of contents No. | Details | Page no. | 1. | Economic condition of Bangladesh and GDP analysis | 3-9 | 2. | GNP and GNI | 9-11 | 3. | Export trend of Bangladesh | 11-12 | 4. | Import trend of Bangladesh | 13 | 5. | FDI and Balance Of Payment | 14 | 6. | Inflation and Exchange Rate | 15-16 | 7. | References | 17 | Economic condition
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money is sometimes called the demand for liquidity. * Many factors influence our total demand for money balances. The four main factors are 1. the level of prices 2. the level of interest rates 3. the level of real national output (real GDP) 4. the pace of financial innovation * Three Reasons or Motives for a Large Demand of Money Economists have identified three primary motives for holding money: • To settle transactions‚ since money is the medium of exchange. • As a precautionary
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