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This means that there is continuous growth in future, which is brought by the banks’ new advances made on the credits extended to customers. In the next quarter the economy is expected to perform even much better.
Another contributor to the economic growth is the housing for the last more than 5 months, sales of real estates hasbeen evident. This is backed by the new modern homes that have been constructed and some which are still under construction. For example, CoreLogic Home Price Index rose by 1.1% in a year. This is according to chapter three of the (economic forecast publication r April 2014). In comparison, the housing construction and sales vary by 9%, construction rate being higher than the sales. This is a growth indicator.
Manufacturing and processing sectors have added wonderful growth indicators to the economic growth. The May returns of this year are anticipated to be the highest for the last three years. This follows last years 5% growth, which is highest for the last three years now. Key assumptions here are that: the government does not take care of the borrowers where the cost of loans is very high. The government assumes that there is general growth. They don’t take care of the private sectors and individuals who bear the high cost of economic growth through coast of loans. The second assumption is the policy of selling the homes. It is more beneficial to hold investments than sales, especially real estates. This is in regard to the principle of the investment multiplier concept. The audience of this information is the potential investors, shareholders and the government agencies. Some areas have been exaggerated. Firstly, the sales of assets are lower in long term growth in GDP. Another one is the high cost of loans shifted to borrowers. The borrowers are economically affected. Labor market shows a negative image compared to developments as said earlier in the US economic
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Particularly important to foreign investors who are planning to invest their resources and capital in a country are the technological, economic, cultural, demographic, scenarios and information-need areas in order to plan their strategies in entering the market.
The level of real income rose as the result of high terms of trade as well the inflation rate got reduced. The ratio between the prices of exports and the prices of imports are regarded as the terms of trade. With high rate of terms of trade the country will be able to obtain higher imports with relatively fewer amounts of exports.
erve Bank of Australia (RBA) was established in the year 1959. The creation was put into place by the reserve bank act 1959. The act lays down the roles of these bank a puts it that this is not a profit acquisition bank. The bank introduction has seen many improvements in the economy of Australian.
The revenue of the government can be arranged through a variety of ways like taxation, sale of fixed assets, borrowings and consumption of fiscal reserves. The government try to use the fiscal policies to stimulate the level of aggregate demand in the economy (Kopcke, Tootell and Triest, 2010, p.
According to Carter & Usry, activities of an organization can be divided to three large groups, which are Planning, Organizing and Controlling. Theoretical literature often divides these activities into different subjects. In practice however, it is hard to separate these activities into different groups.
The national unemployment rate forecast by the CBO for 2005 is indicated at 5,2 % (n.d.,n.p.). For the 2006 and next few years in a row the figure stays the same. However, the Bank of Montreal Economics Department has a different perspective on the issue of unemployment dynamics: the decline of unemployment rate from 5,5% in 2005 (which is significantly higher than CBO's estimate) to 5,3 % in 2006 (which is still higher), is foreseen (Egelton, 2005, n.p.).
The article addresses each of these issues and what Pres. Barack Obama must do to achieve good results together with the people who might be able to help him. Fiscal cliff, Tomasky suggests, will most probably be responded to with the impending tax increase