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Consumer Confidence Interest Rates
1,255 words... e at times. They are highly volatile meaning that the retail sales report has a strong tendency, if not potential, to provide major surprises. The Consumer Confidence Index is an important economic indicator because it measures the level of confidence in the American consumer in each household. However, these surveys might not be reliable because times and situations of the American consumer can change dramatically. If consumers are concerned about job security, economic conditions, or perso...
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Cyclical Unemployment Structural Unemployment
780 wordsECO 261 NOTES 1. The most common measure of the total output of the economy is the GDP (Gross Domestic Product). This is the total value of goods and services produced in an economy in a given year. This differs from GNP (Gross National Product) because GNP includes GDP plus income earned abroad. Real GDP is adjusts for changes in prices while nominal GDP is just a basic idea that measures current prices to establish GDP. Real GDP is the preferred method of production because it gives a more acc...
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East And West Economic And Social
2,571 wordsThe goal of this report is to inform US investors about the German market for personal computers. This document outlines many different areas of the German political, economic, and social structures and how they concern the personal computer industry. It provides a clear insight to the German approach to personal computers and the age of information we are now in. This report was compiled from a variety of resources consisting primarily of government documents, but also of on the research of var...
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Standard Of Living Poverty Threshold
1,785 words... e same standard of living as the poor forty years ago, despite the general growth in income. Thus by the official definition of poverty, 14. 5 % of the population is poor. Conservatives though have long maintained a strong objection to both the official and relative measures of poverty. They make their case in that the poor today enjoy a standard living far beyond the wildest dreams of an eighteenth century aristocrat, such as television and convenience foods that no courtesan or prince coul...
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African Americans Affirmative Action
1,847 words4. THE JUSTIFICATIONS FOR AFFIRMATIVE ACTION: THE CONTINUING NEED TO COMBAT DISCRIMINATION AND PROMOTE INCLUSION Affirmative action was established as part of society's efforts to address continuing problems of discrimination; the empirical evidence presented in the preceding chapter indicates that it has had some positive impact on remedying the effects of discrimination. Whether such discrimination lingers today is a central element of an analysis of affirmative action. The conclusion is clear...
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Goods And Services Number Of People
1,205 wordsA person is classified as employed when he or she has paid work for more than one hour per week. The exception occurs in the case of family members working without pay in the family business. Full employment occurs when cyclical unemployment associated with weak expenditure and recession is avoided, and where a fairly low level of natural unemployment is tolerated. The acceptable target for the unemployment rate is currently around 6 - 7 %. (Morris: 2000, P 272) Australia did well during the 198...
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Worlds Population Hudson Bay
1,051 wordsSince more than 70 % of the Earth is covered with water, one would assume that there is enough water for everyone. However, this statement would be incorrect. Only 3 % of that water is considered usable and 2 % of the usable water is locked in the polar ice caps. This leaves 1 % of that water for the use of humans. Canada possesses a substantial amount of this water, while other countries are less fortunate. One of these countries is the United States of America, the biggest users of water in th...
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Welfare Recipients Welfare Reform
1,092 wordsConsidering these factors should lead to a plausible solution to welfare's failure. The solution seems simple; resources to education, job training, day care, and transportation need to be offered. These resources are prerequisites to achieving gainful employment. Yet, these resources are in effect being hidden from welfare recipients. In welfare offices across the state, the theme of the posters on the walls is; get back to work and get off welfare. This is when not to mention of local school f...
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Labor Force Household Income
1,681 wordsDemography of Pittsburg Pittsburg has been a city in progress for nearly a century and a half. It is located at the point where the Sacramento and San Joaquin rivers meet. The earliest recorded history of this town starts in the year 1839 when the Mexican government granted almost 10, 000 acres to Jose Antone Mesa and Miguel Jose Garcia. Shortly thereafter the little town was named New York of the Pacific, possibly because the man who laid out the town, Colonel J. D. Stevenson, was a native of N...
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Economic Growth Low Inflation
899 wordsGoals of monetary policy are to promote maximum employment, inflation (stabilizing prices), and economic growth. If economists believe its possible to achieve all the goals at once, the goals are inconsistent. There are limitations to monetary policy. The term maximum employment means that we should try to hold the unemployment rate as low as possible without pushing it below what economists call the natural rate or the full- employment rate. Pushing unemployment below that level would cause inf...
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Maastricht Treaty European Integration
941 wordsECONOMIC AND MONETARY UNION OF EUROPE The main reason for creating a European Market was the growing international competitiveness. In the mid of the eighties the European countries recognized that in the long run the national economies alone won? t be able to compete against countries like the US, Japan and the new industrial centers in East Asia. The biggest advantage of the European integration is the unique chance of causing significant economic growth in the member countries by abolishing a...
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State Of The Union Income Families
470 wordsEconomic Policies of Gerald Ford In 1974, there was a large rise in oil prices which gave a large amount of purchasing power to the oil-producing companies. Inflation, strong demands for credit, and the unwillingness of the monetary authorities to underwrite a continued acceleration of inflation drove interest rates upward, causing a slump in housing. (The Economic Report of the President 1975) Another weakening effect of the higher and variable rate of inflation was how uncertain the nation was...
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Japan Prime Minister
1,363 wordsECONOMIC SYSTEMS ASSIGNMENT Canada The Government of Canada is a Federal Parliamentary Democracy and a member of the Common Wealth. The Prime Minister of Canada is the Honorable Jean Chretien. The Deputy Prime Minister is Sheila Copps and the Governor General is Romeo LeBlanc. There are five major political parties in Canada they are; the Progressive Conservatives, the Liberal Party, New Democratic Party, the Reform Party, and the Bloc Quebecois. The GNP per capita (1991) was $ 19, 934 (in milli...
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Consumer Price Index Copyright C 1994
1,354 wordsHawaii has an area of 28, 313 sq. kilometers (10, 932 sq miles) and is the 43 rd largest state in the United States. 6. 9 % of the land is owned by the federal government. The Hawaiian islands consist of 8 mainland islands and 124 islets, reefs, and shoals. The major islands in order of size are Hawaii, Maui, Oahu, Kauai, Molokai, Lanai, Nihau, and Kahoolawe. Population growth over the last 5 years has increased by 80, 000 people. Demographics show a large number from the Asian-Hispanic, Asian, ...
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Blue Collar Workers White Collar Workers
937 wordsThe Demand Increase for the Skilled Worker Throughout history, the labor force has been affected by many changes, especially the industrial revolution, and now similar changes are occurring due to the technological revolution. Both have made an impact on the economy and to the people who comprise the labor market. During the industrial revolution, the unskilled laborers were the group who were most directly helped due to the improvements in factory machines. These machines enabled them to work m...
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Labour Force Equal Pay
1,139 wordsWomen In The Labour Force The past decades their has been a dramatic increase of women participating in the labour force from countries all over the world including Canada. In 1950, one Canadian worker in five was a woman. By 1980 this percentage had doubled, and women are expected to make up more than 44 percent of the labour force by the end of this century. The increase in female participation started occurring during the 1970 s. This increase also caused the largest baby boom that the Canadi...
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Wall Street Journal Federal Open Market Committee
930 wordsFederal Reserve and the Economic Bubble On Tuesday, November 16, 1999, the Federal Reserve Board will decide whether or not to tighten monetary policy at the Federal Open Market Committee meeting. Throughout the year the Fed has been somewhat hesitant to raise rates, which could slow the economy. While raising the Federal Funds and Discount Rates could, in the long run, lead to higher interest rates, many people worry that the potential for an overheated economy is high, and there is little risk...
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Soviet Union Currency Exchange
2,332 wordsThere is evidence of Finland being inhabited as early as 10. 000 years ago. Those inhabitant's main occupation was hunting and fishing. They came to Finland by different routes through Karelia and over the sea from the west and the south. There are many language groups: the Finnish, the Finnish Swedish (coastal area, the? land islands), the Lapps (Lapland) and the Romany. There are two official languages in Finland Finnish and Swedish. At present the population amounts to a little over 5 million...
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Central Intelligence Agency U S House
3,927 wordsGeorge Herbert Walker Bush, (1924 -), 41 st President of the United States. During most of his public career, George Bush served other presidents loyally in a number of important positions. Not until 1988, after eight years as Vice President under Ronald Reagan, did Bush, a self-effacing man, step into the limelight as the Republican nominee for president. For the first time he had an opportunity to articulate his vision for Americas future. Few presidential candidates had entered a campaign so ...
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Federal Funds Rate United States Economy
824 wordsIn Monetary Policy I. Introduction In order to promote national economic goals, a central bank acts to influence the availability and cost of money and credit, this is known as monetary policy. The Fed has three main tools with which to carry out policy. These instruments of monetary policy are open market operations, discount policy and reserve requirements. Open market operations are the Fed s most important tool. It causes a change in the monetary base. When banks need to borrow money; they b...
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