When the interest rates are at or close to zero bound situation, the policy can no longer be executed but instead, the central bank involves quantitative assistance so as to improve the economic recovery thus the quantitative easing is a monetary policy used to impede the money supply falling when the standard policy turn to ineffective.
e in the Wall Street Journal, the President of a bank in Boston argues that the Federal Reserve has to keep temporary interest rates as low as near zero until the US attains a 2% inflation rate and full employment, annually. He said that for now, the advanced guidance should
c) Iron deficiency is very perplexing in the developing world because iron deficiency reduces the productivity level of people in the world while iodine deficiency causes mental retardation and brain damage. The solution for the iron deficiency is to take
The UK economy is seen to be gradually emerging from the situation of economic turmoil. The attention of the government is now shifting to make it more sustainable, resilient and stable economy (Crown, 2014; OECD, 2013). In
of individuals around the globe still smoke; partly due to the fact that one of the primary components of tobacco smoke is nicotine; a substance that has been proven to have a very highly addictive nature. As governments and health care stakeholders have come to recognize that
For instance, the estimated economic impact in Germany is about 2 billion dollars, 5billion in South Africa and 9 billion in Japan and South Korea (Allmer and Maennig, 2009). This year world Cup was estimated to have added the Gross Domestic
In a world of economic and gross social inequalities that is leading many individuals to live without basic needs like water, food, education, housing and healthcare. Also, millions of small-scale farmers are significantly affected by international trade policies, globalization, and third world debt.
A portfolio holds risks that may affect its price. These may lead to the overvaluation undervaluation or correct valuation of the stock. In developing a stock portfolio, one covers the market prices and the changes that the stock is exposed to overtime that will allow it to either grow or fail in the market.
However, such an economic condition is not practically possible in the real world since under any condition it is inevitable that one or more agents will be adversely affected. For instance, if a new airport is built then although the larger
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From the report, it is evident that enriched job designs have a great impact on job satisfaction. Designing jobs in terms quality circles, job rotation motivates employees to improve performance and it enhances
Perfect competition is a free market where the prices of various commodities are determined by the forces of demand and supply. In a perfectly competitive market, there is free entry and exit of goods and services. Perfect competition is important in that it provides an ideal situation that makes it possible to analyze markets.
An effective research should feature the major forces within the target country that may influence the success of the intended investment (Linda). This paper presents an analysis of investment opportunities in east African
An example of oligopoly market structure is the health insurers.
Oligopolies and monopolies consist of large organizations in the market; they also hold considerable market shares over specific services and products in the industry.
A record of transactions between two countries implying a difference in the total value between payments into and out of a country over a period of time is shown in the balance of payments. BOP encompasses goods, services, and income, transfers such as gifts and pension as well as financial claims and liabilities.
They deal with audio devices ranging from earphones, headphones to speakers and many other audio products. There are several factors that make this specific brand special worldwide. The first is the celebrity endorsement that it the company has invested heavily
For example, in case a household’s public service demand goes high where households with higher income choose jurisdictions which provide higher public service levels, or there is sorting by income of households between
Since the future is uncertain and no one can easily determine the upcoming social alteration, “the importance of family and community in supporting a successful transition from adolescence to adulthood in times of social change” (Crockett and Silberesein, 2000) is a very important factor that may shape an individual’s development.
It was clearly noted that “the relief this summer, however, is due to expected cooler temperatures, rather than cheaper rates…
is partially offset by a projected 2-percent increase in average electricity
According to this relationship when there are more people employed in an economy the output increases, so do the wages from the labor force. The increase in wages means that people have more money to spend which increases their demand for goods and services and ultimately
In this regard, this essay will discuss the Kenyan economy by highlighting various aspects such as GDP trend and factors influencing the current economic trend.
To start with, Kenya is strategically placed for economic development in various sectors that
K is a constant; it shows the amount of money that individuals are willing to hold for every dollar of income. It is inversely( k= 1/v) related to the velocity of money since holding money reduces the amount available for transaction and hence available amount exchanges
Also, free entry and exits ensure that the equilibrium output is such that the surviving company ensures normal profits, in this case zero economic profits (Caimcross 66).
Q2. b) Minimized losses in the short-run are achieved by operating at a loss, in
(I suggest R only for those students who have some programming experience). SAS, SPSS, and Matlab are all available in all UA OSCR labs as well. You must turn in a log of your work in the program of your choice. Do not use Excel – take this opportunity to learn the
An exercise tax shifts the producers demand curve down with a similar quantity as that of the tax. An increase in quantity demanded leads to a surplus in the quantity of the supply available in the market as the available buyers have a low capability of exhausting the number of cigarettes available in the market.
Secondly, the article attempts to investigate if volatilities in macroeconomic fundamentals are able to explain the extent of predictability or non-predictability of the behavior of global daily spot gold price return
In 1969, Kotler and Levy published “Broadening the Concept of Marketing,” in which they agitated for the reconceptualisation of the marketing construct through the embrace of its inherently social dimension. Within the context of the stated, Kotler and Levy explore the social nature of marketing and especially as it pertains to non business, or not for profit, organisations.
Growth is dependent on the savings income ratio and net savings and investment are found to be proportional to income and the produced output of the nation. The ongoing technological progress also has a positive impact on the growth of the economy
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Bhagwati contends that multilateral free trade usually aids in maintaining globalization due to the flourishing trade liberalization that exists among diverse states, hence boosting their economies. Mainly, this is evident both in the developing and in third world states, which have adopted the free trade despite their economies experiencing some diverse challenges.
A negative externality occurs when the party making the decision will not have to fully account for the decision outcome. In case of the negative externality, the society suffers the cost which is usually higher than the cost paid by the consumer for example air pollution while external benefit is the benefit that is excluded in the market price since the demand price does not include it.
6). Individuals in pursuit of own self-interests generates unintended demand that compel another bunch of individuals to react (supply the needs of the other side) with the expectation of being able to receive a
Introduction of the income splitting with joint returns in 1948 meant that the overall difference between the tax on the lump sum payment in five-year distribution with income splitting amounts to over fifty percent of the money to be paid with the lump-sum tax of more than two percent the amount of the smaller tax bill.
ce various price promotions on its games: Because consumers are not going to want to pay the same, higher prices for games that cannot, now, be played on new and innovative consoles. With introduction to better gaming technology, demand decreases for old consoles and increases
In 2008, the US economy faced its worst slowdown ever, after the Great Depression. The recession revealed the inherent weaknesses of the US economy to the rest of the world. It also suppressed the morale and confidence of the consumers within the
He further noted that entities that adopted ethical and responsible attitudes would be faced by more challenges than companies that did not meaning that they were less competitive. It remains a basis of contention for companies in the modern
The employer seeks returns on the investment while employee seeks benefits for their efforts, good working conditions, fair treatment, job security and health and safety as well as career progression or opportunity for development. An employment
From the 1970s, Hayeks theory of the government only participating in a limited way in the economy continues to gain popularity. The Hayeks ideas influence ensures support for the ideas while there is a continued feeling of impact today. However, it is critical to
n area of Justice” to facilitate the access of individuals as well as business to justice by reducing hindrances that discourage or prevent them from using their privileges. Expensive and composite administrative and legal systems act as hindrances availing of justice by the
Macroeconomics on the other hand refers to the circumstance and situation whereby the aggregate aspects of the economy or country are analyzed with the aim of making the economy better. A practical case and example of a macroeconomic