Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Indicators - Essay Example

Comments (0) Cite this document
The current rate of unemployment is 7% which is higher than what is considered as the natural rate of 3 to 4%.The policies to address this economic challenge can either be monetary or…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Read TextPreview

Extract of sample "Indicators"

Download file to see previous pages This cuts costs for businesses which would enable them to reinvest the spare cans and hire more workers.
There are also other ways that should be considered to address the problem of unemployment. These include training programs that are better than those in the past. This will ensure that the skills of employees are better matched to the jobs that are newly available.
The full-time employment policies should also push for full-time employment a bit faster. This is because when labor markets grow tight, companies go ahead and hire any individual even those who have been unemployed for a time greater than one year.
The gross domestic product is defined as the output of the final goods and services that are produced by a country. The GDP is calculated as Personal Consumption Expenditure plus Investment plus Government Expenditure plus (Exports minus Imports)
The advantage of using real GDP is that it is dynamic because it changes with the constantly new figures. It is the best indicator of the overall economic health of a nation. The past figures show that GDP has increased since the last quarter and has been showing an increasing trend for the past two years.
GDP is used as a coincident indicator as it changes at the same time the economy does. A negative economic growth for two quarters that are consecutive is considered a recession and the Federal Reserve usually lower the interest rates in this period in order to increase the rate at which the economy is growing and to stimulate the economy. Real GDP takes into account inflation as we multiply the nominal GDP with a deflator. GDP tells us if the economy is growing more quickly or slower than past years. The US sustainable rate as believed by economists is between 2.5% and 3 % as that has been the average rate in the past.
The five components of GDP as cited above are private consumption, government consumption, investment and net exports. The ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Indicators Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Indicators Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from
(Indicators Essay Example | Topics and Well Written Essays - 1250 Words)
Indicators Essay Example | Topics and Well Written Essays - 1250 Words.
“Indicators Essay Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Economic Indicators

...? Economic Indicators Discussion Emphasising on the macro-economic indicators of Australia, the discussion henceforth analyses the long term statistical data of the pure alcohol available for consumption from alcoholic beverages and the per-capita consumption of such commodities. The graphical indicators of the trend have been presented below: Figure 1: Apparent Consumption of Pure Alcohol (Australian Bureau of Statistics, 2012) The trend depicted above states that the portion of pure alcohol available for the consumption in the form of beer has decreased almost by 50%, i.e. from 76% in 1961 to 42% in 2011. On the contrary, the consumption of pure alcohol available in the form of wine has increased substantially from 12% in 1961 to 37...
3 Pages(750 words)Assignment

Economic Indicators

...though there have been a slight surge in the trade deficit in the last few years mainly due to the fact of appreciation of the dollar and slow growth of trading partners. The situation caught up under the influence of macroeconomic and financial policies of the government as well as by the policy responses after the financial crisis (U.S. Dept of Commerce, 2013). The period of 1990s proved trade deficit is not twin of the budget deficit. The argument which derives trade deficit to be the result of low savings rate and the saving-investment gap is not correct. Trend for these economic indicators The chart shows unemployment rate to follow a cyclical path while consumer price index has taken the rising path from 2002. The rate of...
3 Pages(750 words)Essay


... burger then it is an intermediate good. 2. True/False Statements. Indicate if the statement below is “True or False”. You must support your answer with a few sentences for each statement. a. Government expenditure is the largest single category of GDP. It is evident from theory that GDP includes Consumption, Government Spending, Investments and Net Exports (GDP= C+G+I+Xn). While increase in government spending leads consumption as demand increases with income, consequently investments increases and trade take place. So, it is true that government expenditure is the largest category of GDP. b. Nominal GDP uses current market prices and real GDP measures GDP using base-year prices. Above statement is true because nominal GDP includes all...
4 Pages(1000 words)Essay

Sustainability Indicators

..., detailed and extensive. They give us a broader view of the economic, social and environmental situation as if each and every element of the society is interlinked with each other. Not only does it provide us with a view of these elements, but it also gives us prompt solutions to it. Urban indicators measure changes in each part of the community as if they were completely independent. However sustainability indicators demonstrate the reality that each and every segment of the community is tightly interconnected with each other ("What are urban indicators? | Information | Livable urban environments | MFE"). The main objective of this type of an indicator is to inform and publicize the policy making authorities by providing them information...
3 Pages(750 words)Essay

Economic Indicators

...economic indicator has zero affect on the functioning of the economy and is generally of very little importance to the economy. The major pro cyclic economic indicators are GDP, Interest rates, Investment, Inflation, Labor etc. While the main counter cyclic economic indicators are Unemployment, International Trade, and Federal Finances etc. The Gross Domestic Product is one of the most significant direct indicators in the economy. It is vital to monitor the growth rate of the GDP. Any deviation from the range tends to have a significant impact on the economy. An increase in the growth rate above the general level may lead to high inflation and poor performance in the...
4 Pages(1000 words)Essay

Indicators to Be Employed By Grant Donor

... is a kind of management guide that brings out an organisations objective into real attainment. This focus on four major factors of production. These are; financial, internal processes, customers, and learning and growth. A manageable balanced scorecard that is used to manage a business has got three key areas of general few. These areas are; 1. Customer Satisfaction 2. Business Processes 3. Learning & Growth Customer Satisfaction On this part we see on customer interests. These include delivering in time, production of quality products, providing price worth products and being constant in the market. Performance and quality are implicit: if they are not met, the delivery will be shifted. Indicators of customer satisfaction include fast...
11 Pages(2750 words)Assignment

Key Performance Indicators

...Management Table of Contents I. Question 1 1 II. Question 2 2 References 3 I. Question 1 The case in effect is about maximizing both customer service and efficiency in a new restaurant that has both an eating in and a car-takeout ordering system. Choosing the appropriate KPIs is about choosing the right metrics that will yield the greatest efficiency and customer service balance. Efficiency is about deploying the most optimal number of staff, and serving the most number of customers at the least amount of time. while customer service is about being able to deliver on important customer service metrics like order to fulfillment lead times, waiting times between customers, maximizing the size of the queue for both cars... of Contents...
2 Pages(500 words)Essay

Analysis of Bernard Baumohls The Secrets of Economic Indicators

..., industry analysts maintain an advantage over the rest of us because they are familiar with the indicators and able to use them with greater ease than the small-investor public. Bernard Baumohl seeks to remedy that inequity with his book, The secrets of economic indicators: Hidden clues to future economic trends and investment opportunities. Baumohl offers an analysis of key economic indicators in clear, easy-to-understand language. He addresses US and foreign indicators, offering a sample release, revealing information about the indicators, and showing readers how to make sense of the indicators. His goal is to help readers determine...
6 Pages(1500 words)Book Report/Review

Health Financing as a Critical Component of Health Systems: a Large Set of Indicators

...for the State, including provision for an elected parliament. The constitution was finally approved in a referendum in April 2003. Over the past three decades Qatar has invested billions of riyals in developing its health services, which has resulted in significant improvements in the delivery of these services and in the health status of the population as reflected in all the health indicators. By investing in primary health care the Ministry of Health has achieved a high status of health in Qatar in comparison with the developed countries. The Government in its strategic intent to be a regional centre of excellence for health care is reorganizing and developing the national health system. The quality of health care in Qatar is high,...
26 Pages(6500 words)Research Paper

Indicators and Indices of Environmental Quality

...considered, which are (a) the criteria for environmental quality (b) the nature of interactions between people and the environment and (c) the components of the environment which can be independently represented through the use of specific indicators. Among the three dimensions of environmental quality that were taken into account, functions were considered by these authors from two points of view, namely the ecocentric or naturalness point of view and the anthropocentric point of view wherein the elements taken into account include the source of the resources, the sink for wastes, the supporter of activities and the provider of services (Condredo et al, 2003). The next dimension, i.e., human-environment interaction...
9 Pages(2250 words)Term Paper

Analysis of Learning indicators and collaborative capacity: Applying Learning Principles to the U.S. Department of Homeland Security by Heather Getha Taylor

.... The analytical part of the paper focuses on key learning indicators and the results obtained reveal lack of ability to access organizational performance among the DHS employees. According to the author, the department has still not tasted the success of collaboration. For achieving this DHS needs to work hard on the factors like trust, communication and intellectual capital. The Department also needs to utilize creative opportunities and accept leadership and learning. The main research question addressed in this paper is the importance of collaboration across organizational boundaries and its usefulness in achieving public goals? This has also been referred as the ‘emerging condition’ of the research paper...
6 Pages(1500 words)Book Report/Review

Growth Through Inequity and Key Performance Indicators

...that they have identified. Designing Key Performance Indicators A very important factor to consider when identifying key performance indicators is that they should remain constant and are with reference to long term once they come in existence. Additionally, they must be able to reflect across all sections of various measures in the entire organization just in the same manner a balanced scorecard comprises of measures but not financial issues while assessing the performance of an organization (Cassingena & Georghiou 2005). Using KPIs Correctly Organizations that value best practices will always have interest in understanding on how to use key performance indicators properly. First,...
12 Pages(3000 words)Assignment

Advantages and Disadvantages of Using Bio-indicators

... of bio-indicators outdo their disadvantages. Understanding what bio-indicators are and how they work is necessary as it will help in understanding their advantages and disadvantages. Bio-indicators Bio-indicators convey information on changes in the environment through chemical, physiological and behavioral changes. It would be difficult for scientists to perform their experiments without proper and timely conveyance of environmental information. Environmentalists deduce information by studying a number of things. They study the behavior of the organism, population, morphological structure, content of compounds and the metabolic processes of the organism (Paoletti, 2012). There are five different types of indicators. Plant indicators...
6 Pages(1500 words)Assignment

South Koreas Economic Indicators and Recent Growth Rate

... 5.2 2007 99.87273 4.973593873 1.12268E+12 2046 4.8 2008 99.87273 2.091752872 1.00222E+12 2017 4.5 2009 99.87273 0.229720219 9.01935E+11 2021 4.3 2010 99.87273 6.004657708 1.0945E+12 1994 4.1 2011 99.87273 2.91298928 1.20246E+12 1991 4 2012 99.87273 1.832105541 1.22281E+12 1959 3.9 2013 99.87273 2.529803661 1.30455E+12 1859 3.7 Data from database: World Development Indicators Correlation between Human Capital Investment and Economic Growth Investment in human capital refers to investing in nutrition and health, schools and higher education, investment in children, migration, fertility rates, infant mortality rates and maternal healthcare. For example, by analyzing the infant mortality rates or literacy levels of the population...
2 Pages(500 words)Assignment

Indicators of Sustainability in the Chinese Future

...Indicators of Sustainability in the Chinese Future Population as an Edge China’s main defining feature, its huge population, is one of the strongest reasons why the growth rate of China can be sustained. Much of China’s growth can be attributed to the fact that it has enjoyed large Foreign Direct Investment (FDI) which gave rise to the booming of several industries. There are two reasons why FDIs is flowing to the China. First, the Chinese population serves as a huge market that is largely unexplored. Capturing the Chinese market could lead to millions, if not billions, of dollars in profits. Establishing a presence in the said region is vital in achieving this end. Second, Chinese labour is cheap as compared to American and Western...
7 Pages(1750 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Indicators for FREE!

Contact Us