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It means that the economy flourishes at first and then it falls suddenly. Therefore, boom and bust cycle is realized (Koo, 2003).
The only way to get out of a recession is through a sustained public sector spending. It can be attained through the use of monetary policy, fiscal policies, government increasing spending and reduction of taxes. Monetary policies such as increasing interest rates of borrowing will deter private investors from borrowing. They will rather use their savings to finance investment. In the process, the more money will be released into the economy, thus, more money will circulate in the market. Therefore, this will bring down the rate of inflation and spark economic growth. Government spending should be increased for the economy to grow again. The government should service Treasury bond and initial public offers so that its citizens can gain capital to reinvest. By doing this, borrowings by citizens will reduce. As a result, private sector debt will reduce drastically, mainly because the investors will be able to repay their debt. Reduction of taxes will help a great deal in tackling a recession. In doing this, the capital of the investors will increase. Therefore, the economy will grow since the spending power of the citizens has been
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The GDP is one the primary indicators used to gauge the health of a country's economy. It indicates the productive capacity increase of the country. China’s economy has been forecasted to increase by 9.6% in the coming year. The key driver of this steady growth is the return on fixed asset investments, which are expected to yield returns of over 22% in 2011 and dropping slightly at 20% in 2012.
She seeketh wool, and flax, and worketh willingly with her hands. She is like the merchants' ships; she bringeth her food from afar. She riseth also while it is yet night, and giveth meat to her household, and a portion to her maidens. She considereth a field, and buyeth it: with the fruit of her hands she planteth a vineyard.
Jefferson wrote to U.S. Minister France Robert Livingston about his speculation that Spain would soon relinquish Louisiana to France and that the latter would sell Louisiana. When Napoleon attained power in 1799, he wanted to enhance France’s stronghold in the Americas.
In the US, many people with or without health insurance fail to seek care due to factors such as financial difficulties due to the high cost of health care in the country (Brassard, 2013). Even with coverage, the cost of medicines or co-payments is a major deterrent of access to health care.
The author defines the terms of diversity and multiculturalism in media as well as the concept of stereotypes. He explains the theory of multiculturalism relating to Butcher’s five myths. There are significant declines in primetime viewing of broadcast networks and circulations in magazines and broadsheets.
This can result in an intensified support and the vote of the group for only one major political party. On the other hand, the voted for and supported major political party has ignored and taken the voting group for granted. Hence, a “captured group” is cornered
Davidson presents a historical account of the national debt and how new US government inherited the war time debts. He further provides evidence of how subsequent governments actually either reduced or increased the national till a point when it became the permanent feature of
out the fate of USA economy, this write-up finds it prudent to inject a visionary economic school of thought that defines how full employment can be achieved through redesigning government fiscal policies.
Beginning the period just after the revolutionary war (1790) to date,
Modern rules of war outline their origin to the chivalric practices of the medieval time in Europe, which asserted that there should be a distinction between a civilian and a soldier, the difference between just and unjust wars; it
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