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In the individual level, my effort is too limited to solve the problem generated by the high price of gasoline. But when we, the citizens of the country are concerned we have immense power in our hand. We can bring about a huge change in the scenario. But we need to be organized enough and then we can make strong strategic moves.
The total revenue resulting from the sale of one more unit increases by 50 USD; whereas the additional unit has been sold for 80 USD. The reason for the total revenue not to increase by the same amount is that the price has been reduced for increasing the sale of extra units. The price cut is applied to two units of output sold and not to the additional unit alone.
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Evident from the answer to the previous question, there is a slight difference between the two measures of inflation. While CPI measures the rate of inflation in the context of a basket of consumer goods, the GDP deflator is responsible for estimating the general price level of all commodities produced in the nation and included in its GDP.
The plan layout of a developer for the development of housing in the area of Medway has been rejected by the Medway Council. To make their proposal acceptable to the authority in a sustainable way, the developers are required to submit an Affordable Housing Plan to the council and provide at least 25% affordable housing.
The paper 'Positive and Negative Impacts of Globalization' is a great example of a Macro and Microeconomics Essay. Globalization is a term that has drawn a lot of attention in the scholarly domain. The issue popular and controversial at the same time has been defined by different authors in different ways being that there is also complexity in understanding it (Georgieva et al, 2013).
The paper 'Adoption of Retail Non-Cash Payments in the Australian Economy" is a perfect example of a macro and microeconomics case study. In every transaction taking place, there are two means of paying money. These are cash payments whereby the members exchange cash and non-cash payments whereby the members use other means of payment for example use of checks.
The paper 'The Main Features of an International Economy ' is a great example of a Macro and Microeconomics Case Study. The international economy refers to the integrated world economy that takes place among regions and nations of the world (Gilpin & Gilpin, 2001). One of the common characteristics of the international economy is mutual understanding and trade agreements.
The paper 'Diplomacy and StateCraft' is a great example of a Macro and Microeconomics Case Study. At the beginning of 2014, the Ukraine government was presented with two economic options. One of the options was to partner with the European Union and the U.S. government and change its economic system. The second option was to take a loan from Russia and retain its economic system.
The paper "Pre-World War I Economy" is a perfect example of macro and microeconomics coursework. The world economy shifts from time to time with each period having its unique characteristics. The period before the First World War was a period when the world had begun the globalization process, and more and more industries started to spring owing to the many inventions that were being made in Europe.
Launched on 27th October 2010, the Ferrari Theme Park is the world's biggest attraction yet. Spread over a record-breaking area of 86,000 square meters, it provides a total of twenty-four Ferrari-related attractions to a wide range of users - from the age of 3 years and above.
Economies generally entertain such inward investments from foreign investors renowned in the global arena since they automatically are featured with an innate power to attract other companies within the host region. In such cases, many transnational companies or organizations follow the footsteps of one pioneer which usually is a renowned brand.
The paper 'Policy Framework for Transport Industry in Canada and the USA' is a great example of a Macro and Microeconomics Case Study. The transport industry plays a critical role in the development of a country’s health and economy. It comprises rail, road and air modes of transport. Transport promotes intra-state and inter-state trade. It enhances mobility among citizens to sources.
The paper 'Impact of the Association of Southeast Asian Nations ' is a great example of a Macro and Microeconomics Case Study. ASEAN refers to the Association of Southeast Asian Nations which is an economic as well as geopolitical organization comprising of 10 countries. It was formed in 1967 by Thailand, Malaysia, Singapore, the Philippines, and Indonesia.
The paper 'Closed-End Funds Issues' is a wonderful example of a Macro and Microeconomics Case Study. Exchange-traded funds (ETFs) are investment funds listed in indexes much more like stocks but the ETFs are broader in that they consist of more assets such as stocks, bonds, and commodities. They are the most popular of exchange-traded products.
The paper 'Industry Policy in Two Countries' is a great example of a Macro and Microeconomics Case Study. To get an understanding of the policy concerns that come up in energy pricing, one must have a sense of the institutional settings in which policies are created, discussed, and put into practice. The consumers’ demands for electricity and natural gas do have a lot of impacts.
Taking into concern the various inadequacies that prevail especially in the regulatory framework of the government economic initiatives or programs, the investors and the market participants acquired a large amount of riskier loans for the purpose of rejuvenating the subprime housing market and refinancing mortgages.
The movement was originally initiated by Canadian activist group Adbusters before spreading around other cities in the Western hemisphere. Moreover, the Occupy Wall Street protests brought to the fore issues of economic injustice, especially the unfair and irresponsible practices of the financial industry.
This essay "The Economic Contributions of John Maynard Keynes" discusses John Maynard Keynes, a British economist whose views had a great impact on political theory, modern economics, and government fiscal policies. This paper "The Economic Contributions of John Maynard Keynes" is a great example of Macro & Microeconomics essay.
The paper 'The UK Banking System' is a great example of a Macro and Microeconomics Assignment. It can be ascertained that the Banking System in the United Kingdom has got the capability of endogenously supplying money through reliance on the liabilities so as to satisfy either an increase or even a decrease in the loan demand, which could also accommodate growth.
The paper 'Early Causes of the Economic Crises" is a good example of macro and microeconomics coursework. The recent 2007 global financial crisis resulted to direct effects of the immediate economic positions of different countries; developing, underdeveloped and emerging economies all in one accord, in what is now known as the Great Recession.
The paper 'Global Economy during the Great Depression Period" is a perfect example of a macro and macroeconomics case study. The 1930s great depression period marked the beginning of the protectionism outbreak. The period lasted for about five years (1929 t0 1933), but its impact was felt for about ten years.
The paper "Observed Levels of Interest Rates in the Market " is a good example of macro and microeconomics coursework According to DUFFY (2014). When making financial deliberations on where to invest, investors often base their decisions on stable prospects of growth in regard to economic and political stability.
The paper 'Managing Openness Issues' is a wonderful example of a Macro and Microeconomics Case Study. The 2008 global financial crisis and the 1997 Asian crisis in Malaysia had varying impacts on Malaysia. The two crises had some similarities and differences. In addition, various reasons have been cited to be the main cause of the two crises. This essay discusses the impact.
The paper "Answers from Four Respondents from Different Sectors of the Chinese Economy" is a good example of a macro and microeconomics case study. As indicated in the methodology section of the paper, secondary data collection for this research was limited by the challenges of conducting interviews.
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The paper "Showcasing GOA as a Multifaceted Destination Meaning" is a good example of a macro and microeconomics research proposal. GOA is a state which is found in western India coast of Arabian Sea. Although it is the smallest of all of India’s states economic wise it is the strongest and it has the highest GDP per capita which is attributed to mining and tourism activities.
Poverty has been a phenomenon right from the design of social life was set up. The statistical data shows that 75% of the poor in developing countries live in rural areas (World Bank 2008, p.45). Even though many studies and experiments have been conducted, the condition of the poor does not change with the estimation of concerned governments.
It looked as the investment banks were struggling to fight for their existence; they were trying to stay alive and remain a part of the financial world. But, for many banks, their lives saving attempts were insufficient to protect them from the effects of the credit crunch.
The paper "How Strong is Australia’s Economy" is a wonderful example of an assignment on the economy. The Australian economy reflects a lop-sided growth pattern, which has been exhibited for some time. The economic conditions reflect the combined impact of the strong dollar, mining investment boom, a period of weak productivity growth for the last ten years.
The paper 'Knowledge and Society' is a wonderful example of a Macro and Microeconomics Assignment. McGaley & McCarthy (2004) state that one of the main elements of an electronic voting system is ethical concerns. Many countries all over the world are adopting the use of the electronic voting system. The developed countries are leading inefficiency in the use of electronic voting.
The paper 'Economic and Fiscal Volatility' is a great example of a Macro and Microeconomics Essay. In emerging economies, divergence will remain to be a feature because of factors such as government policy, fluctuating currencies, and commodity prices. Some economies will benefit from such factors while others will not gain anything.
The paper 'Sесuritiеs and Маrkеts' is a great example of a Macro and Microeconomics Case Study. The present crisis with its continuing banking sector complications has brought to the open various cases of financial scam and banking scandals which have additionally destabilized the already flopping sector (Zopounidis 2013, p.15).
The paper 'Taxation Law and Practice' is a great example of a Macro and Microeconomics Assignment. This is an independent statutory office advising the government of Australia on ways of improving tax administration mainly having the interest of the taxpayer as its priority. This office has been established under the Inspector-General of Taxation Act 2003.
The paper 'MySuper and Transparency in Superannuation' is a great example of a Macro and Microeconomics Essay. Retirement benefits have taken on a new look over the years. In Australia, retirement benefits come is an arrangement referred to as superannuation. Superannuation fundamentally concerns itself with the capacity of people to access money upon retirement.
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Pricing has gained reasonable place in the top of executive agendas and business strategies. Pricing decision is highly significant in almost all managerial and business strategy formulation because it can decide whether the company can achieve success in the market or not. One of the very strong forces in the market is competition and it is always closely related with pricing policies.
As the International Labor Organization reported, unemployment has grown from 20 million to 50 million by the end of 2009 due to the crisis. In a nutshell, the financial crisis has been the reflection of the imbalance between the growth of real markets and financial sectors.
A basis proposition of Keynesian theory is that the equilibrium level of income and output depends on the economy’s aggregate spending for output. If aggregate spending is less then demand will be less and it results in unemployment and less national output. If aggregate spending is excessive, it results in inflation.
The paper 'Disequilibrium in the Circular Flow of Income' is a perfect example of a Macro and Microeconomics Essay. The circular flow of income is an economic model that explains how money circulates within an economy, between businesses and individuals. Individuals spend their income by consuming goods and services offered by businesses, etc.
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The paper "External Environment For Target Company" is a wonderful example of a Micro and Macroeconomics Research Paper. China is said to have a strong and enhanced political system which has boosted its economy. Currently, several rules and regulations have been passed in the country which has assisted in strengthening the power and economy of China (Zhidao, 2014).
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The paper "CSR: Oil Companies in Nigeria" is a great example of a macro and microeconomics research proposal. The mono-economic base that defines the Nigerian economy derived from crude oil production and exportation that located in the Niger Delta. This region comprises nine states that with a populace of approximately 28 million people, which is approximately 16% of the entire Nigerian population (Emanuel 2004).
The Middle Eastern part of the globe was affected adversely by the negative contributions of the revolution. The short and medium-term outlook of the economy looked gloomy. Whereas, the long term and current situations of the economy are being made better in order to raise the living standards and increase the social welfare in regions.
The paper 'Gravity Models and Trade Flows' is a wonderful example of a Macro and Microeconomics Essay. Gravity models are useful tools that analysts use to study a wide range of patterns and behaviors within the social sciences. Experts normally use the models to analyze the behavior that shows similarities to the laws of gravity that Isaac Newton developed.
The paper 'Bond Yield Measures' is a great example of a Macro and Microeconomics Case Study. A bond is a debt investment by an investor whereby he loans money to a corporate or a government entity that borrows funds to conduct its businesses for a given time period and the investor earns an interest rate that is usually fixed (Hearth, Jarrow, and Morton, 2006).
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The paper 'Impact of Globalization' is a perfect example of a Macro and Microeconomics Literature Review. Globalization entails considering the world or a part of it as a single market in which to conduct business (Joshi, 2009). For instance, some firms have production and research facilities around the globe where they conduct their research hence networking their research, production, etc.
The paper 'Brussels Criticizes Apple’s Irish Tax Deals' is a perfect example of a Macro and Microeconomics Essay. The first article is about the European Union claim that the Irish government provided special tax treatment for a multinational company Apple company limited for it to establish its operations in Ireland. The EU claim is that the Irish government gave Apple favorably.
The paper 'Competition Policy between Australia and the US" is an outstanding example of a macro and microeconomics report. The last decade has witnessed countries and economies in transition adopting competition policies and laws (Clark, 2007). As the effect of globalization is being felt, countries are becoming substantially market-oriented and more open.
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In many western countries, this is normally a residential property which is owned by the person occupying it. Thus owner-occupiers have a high interest in the way residential markets operate. The trend in the market is changing and many real estate firms are adopting the internet as a marketing tool, for selling, advertising, and listing.
As such, this brief essay has sought to lay out some of the benefits and risks that are involved with economic development from the standpoint of the local community. It should be emphasized the unknown factor of how the economy will perform during the different phases of construction and ultimate implementation of the plan cannot be overemphasized
Poverty can also be defined as enhanced deprivation of the well-being of an individual. Perhaps, the broadest and the most convenient form of poverty definition in relation to economic concepts are articulated by Fosu who likens poverty to different forms of consumption. For instance, individuals could be house poor, educational poor or food poor.
The focus of this study was to find out the effects of schooling or education on national income for both developed countries and developing countries. This was done by collecting data from 3 developing countries which included China, Malaysia, and Thailand, and 3 developed countries which included France, the United Kingdom, and the United States.
Perhaps the most far-reaching effect of globalization on culture is the commercialization of unique cultural identities around the world. Culture alongside other essentials of social life such as marriage and family life, work, religion, and leisure have been commoditized like any other market goods or services.