Group items tagged

This article speaks about the United States, and about President Obama's desire to boost employment. He wants banks to increase lending to small businesses as a way to increasing employment.

In this article, Obama's intentions of increasing employment levels and economic growth are being shown through his pressure on banks to increase lending to small businesses.

This article from the Ennhar Online shows the relative inelasticity of demand for cigarettes and tobacco in Algeria. The government has increased the price of cigarettes, tobacco and chewing tobacco several times, as well as imposing a hefty tax on importing and producing tobacco related goods. However, this has had little effect on the people of Algeria, who continue to smoke despite increasing prices. Because tobacco is an addictive substance, this has caused the PED to be inelastic.

In this article, China's desire to overcome the crisis through economic growth is shown, as it has increased exports enormously, to increase injections, up to reaching number one in the whole world, on top of Germany.

As the articles describes the ways in which employment is increasing in the manufacturing sector in the US, it also proves that production is increasing, thus demonstrating the Keynesian view of the LRAS.

This article is about Washington's plans to increase pollution taxes, which would supposedly increase state revenue by 225 million. This tax would have the double benefit of relieving the recession-hobbled state budget and encouraging environmentally friendly business practices.

In the US, following its slow economic recovery, employment has been going up, people being able to find jobs again, and hearing the the economy is back on foot. However, this has also given people back confidence, and has led them to fell safer when investing, and thus started to invest more, once again. As a result of this increase in demand for loans, interest rates have also increased. The consequences are still unclear.

This article is about market for high-end and luxury goods in Asia. With an increase in income and spending power, there has been an increase in the demand for luxury goods.The article also highlights the movement of these luxury markets from NY and Geneva as a result of the economic crisis. Income has decreased in these places, therefore demand for luxury items has decreased.

This article talks about the recent food crisis and its origins. It describes the various ways in which demand has increased, and thus how prices have increased. It also talks about how the market should respond to lower prices.

This article promotes Portugal as a place where to buy houses for summer and holidays; it refers to elasticity as the propaganda views that during holidays there will probably be an increase in demand due to the remanining accessible prices of houses in Porto and Lisbon. Since prices are good, demand at summer will tend to increase.

The prices of the once popular Crocs must now be altered to suit the falling demand in the market. When Crocs hit their peak popularity, the demand for the shoes increased greatly. Millions of pairs of shoes were produced and sold. Then, demand fell but supply was still high, and now the prices Crocs are selling for must be adjusted so that the demand for them will potentially increase once again.

The demand for plastics has increased and is expected to grow even stronger due to the eradication of taxes by the government, which has logically lowered prices. Elasticity is here referred to as demand for plastic increases due to the decrease in prices. However, plastics industry fears a decrease in demand if taxes are re-established; referring to elasticity as well.

This article is about an large increase in profit of Warren Buffet's investment firm. Revenue increased by two billion dollars in the course on one year.

This article is about the need for Industrialization in African states. Industrialization would improve the productive efficiency in these countries by lowering the average costs of production. Secretary-General Ban Ki-moon believes that increased industrialization in Africa will increase competition and allow integration into the global economy.

In this article BBC special correspondent Tom Feilden 'looks at the reasons why the era of cheap food is coming to an end'. The article describes how the prices of basic foodstuffs around the world are rising at a rapid rate. It explains that a population boom and economic growth created a new middle class which drastically increased food consumption. This excess demand over supply has therefore hiked up food prices considerably.

The British government promised not to raise any income tax, believing that the British labor would "rebuilt the economy, renew the society, and restore trusts in politics." This topic is relevant to this week's topic because delaying the tax increase is a type of deregulation. The consumer are likely to buy consumer goods before a leap in the tax rates occur and the extension of income tax delay would probably contribute to a small increase in AD since the disposasble income remains the same. The expectation of increase in tax rate would induce consumer to buy more product before the actual rise.

This article is talking about the UK's labour party wanting to rebuild the economy because the conservative party does not think that they deserve a fourth term. This article links to this week's subject because the labour party promised to keep 'business tax as low as possible' to give maximum protection to frontline public services.

The Fedeal Reserve Bank is planning for an extended period of low interests due to American high unemployment rate and increasing inflation rate. This is relevant to this week's topic because lowering interests rates would increase disposable income for more consumption, encouragte the investors to lend more money in prospect of high return rates, and ultimately increase the aggregate demand to nourish the unemployment in US.

"the number of Australian visitors to this country increased by 4 per cent"

The number of Australian visitors to this country increased by 4 per cent due to favorable exchange rate. This is an invisible trade in the form of tourism.

This article is about the recent increase in commodity prices. This could significantly alter terms of trade for many countries. For developing countries that depend on commodities, a rise in their prices could increase terms of trade; for developed countries that import commodities, the price increase will hurt terms of trade.

This article is about the increasing manufacturing in the U.S. Mid-Atlantic region. The trend in jobless aid claims continued to go downwards. This represents an increase in output, and thus a possible increase in productive efficiency.

Although one of the world's most prosperous nations, America does seem to lag behind most in one area: life expectancy. This is due to the generally unhealthy lifestyles of Americans and the inequalities between African Americans and whites. This article finds however that the gap between the two races is slowly narrowing, and life expectancy as a whole is increasing.