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Lucas Hagedorn

OPEC Boosts Supply to Six-Month High; Demand Forecast Stable - Bloomberg - 0 views

www.bloomberg.com/...-keeps-demand-view-stable.html

forecast bloomberg

shared by Lucas Hagedorn on 12 Jun 13 - No Cached
  • OPEC increased production by 106,000 barrels a day to 30.57 million a day
  • Consumption climbs at the end of the second quarter becaus
Ryo Sakai

Spain goes from boom to bust in a hectic 10 years - Yahoo! News - 4 views

news.yahoo.com/-years-193837034--finance.html

shared by Ryo Sakai on 31 May 12 - No Cached
  • —Unemployment starts ticking higher. The jobless rate, which stood at 8.3 percent in 2007, jumps to 18 percent in 2009. It is now almost 25 percent. Property prices begin to decline, and the real estate boom eventually bursts, as demand plummets.
    • Ryo Sakai
      Ryo Sakai on 01 Jun 12
       
      Boom and the bust represents the business cycle. The boom being the positive output gap and the bust representing a negative output gap (recession) In this case Spain was experiencing a boom, but after a while they faced a recession because they did not have spare capacity in the factors of production as they use to have (used too much doing the boom)
  • the jobless rate for those aged between 16 and 24 is 52 percent.
    • Faizal Zubir
      Faizal Zubir on 01 Jun 12
       
      Because of the very high unemployment rate, it is very difficult for Spain to get out of recession. This is one of the reasons why Spain may be forced to ask for a bailout.
  • in sales taxes to get a handle on the size of government debt and appease markets.
    • Faizal Zubir
      Faizal Zubir on 01 Jun 12
       
      Possible evaluation: Higher tax may increase the government's income, but based on Laffer Curve, if the new tax rate is beyond the most effective tax rate, then in reality, income can be lower.
  • ...1 more annotation...
  • —The conservative Popular Party, led by Mariano Rajoy, takes office in December 2011.
  • Ryo Sakai on 31 May 12
     
    Boom and the bust represents the business cycle. The boom being the positive output gap and the bust representing a negative output gap (recession) In this case Spain was experiencing a boom, but after a while they faced a recession because they did not have spare capacity in the factors of production as they use to have (used too much doing the boom)
Emily Hoshi

The 86 million invisible unemployed - May. 3, 2012 - 1 views

money.cnn.com/...index.htm

shared by Emily Hoshi on 01 Jun 12 - No Cached
  • population growth
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      :D?
  • labor force is now at its smallest size since the 1980s when compared to the broader working age population.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      One of the reasons to why there as an increase in unemployment.
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      Two graphs with the unemployment in micro perspective graph and the boarder working age population (basically population graph of workers) graph to compare and analyze the effects 
  • Last year, 86 million Americans were not counted in the labor force because they didn't keep up a regular job search. Most of them were either under age 25 or over age 65.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Could use the numbers and percentages to create a graph.
    • Emily Hoshi
      Emily Hoshi on 01 Jun 12
       
      This can be shown with unemployment in microeconomics perspective graph
  • ...11 more annotations...
  • that doesn't include the millions of nonworking adults who aren't even looking for a job anymore.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Since unemployment is when a worker is willing and able to work at a given wage rate but there is no job (work) available, when they have given up to look for a job they are not counted in the unemployment rate anymore.
  • unemployment rate is falling
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Could show the unemployment fall on a graph.
  • A person is counted as part of the labor force if they have a job or have looked for one in the last four weeks.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Definition
  • 63.6% of Americans over the age of 16 fell into that category
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Again, could use the statistics to show how it has hit a very low labour force participation rate.
  • Only people looking for work are considered officially unemployed.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Again, definition of unemployment.
  • The unofficially unemployed
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      It is not that the people who were unemployed were not looking for jobs at all.
  • weren't consistently looking for one
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      The reason for them being "unofficially unemployed".
  • Older people, ages 65 and over, account for more than a third.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      They can live on either their savings or the money from the government. 
  • Young people between 16 and 24 make up another fifth.
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Off for education?
  • unemployed
    • Ayaka Matsumura
      Ayaka Matsumura on 01 Jun 12
       
      Types of unemployment: structural, frictional, cyclical, seasonal, natural rate
  • recession
Shoko Kuroda

BBC News - Factory output in Japan weaker than expected in April - 4 views

www.bbc.co.uk/...business-18275584

shared by Shoko Kuroda on 31 May 12 - No Cached
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Demand, indicates that this article is on micro economics, relating to supply and demand
  • output
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Output is another word for supply and this can be referenced to micro economics, which is about supply and demand. 
  • ...10 more annotations...
  • China's slowdown and a rising yen for the expected fall.
  • As Japan continues to recover from a devastating earthquake and tsunami last year, the ministry said industrial production continued to improve.
  • Industries that contributed to the slight rise in output included transport, chemicals and electrical machinery.
  • "More crucial is final demand in China,
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      I could draw a demand - supply diagram from this, indicating the declining demand for cars, consequently leading to a drop in supply. 
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      This is because China is a massive economy, and it bears an extremely important role in the Japanese economy, especially after having taken over the second largest economy world wide. 
    • Erica Nozawa
      Erica Nozawa on 31 May 12
       
      Japan's economy stagnated severely after the earthquake and tsunami. This was due to the rapidly dropping demand from consumers, who deferred purchasing inessential goods. 
  • , demand from China would be the determining factor for continued growth
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      This quotation indicates the global impact of the Chinese economy. Because a large proportion of Japanese goods' is exported to China, a decrease in demand means that there would be less output. This can be related to the US GDP article, stating that a decrease in demand would make it difficult to produce the good to be either exported or imported and have affect on GDP growth. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Need to explain how decrease or increase in currency can influence output. 
  • Erica Nozawa on 31 May 12
     
    Japan's factory output was weaker than expected in April because of slower demand for electronics goods, especially in China. Output was 0.2% higher in April from March, the Trade and Industry Ministry said. Analysts had forecast a figure of 0.5%. The ministry said it expects output to fall in May, before rebounding in June.
Shoko Kuroda

U.S. Growth Slows to 2.2%, Report Says - NYTimes.com - 0 views

www.nytimes.com/...s-to-2-2-rate-report-says.html

shared by Shoko Kuroda on 31 May 12 - No Cached
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      GDP, Growth Domestic product is in the section of macro economics
  • The economic recovery slowed more than expected early this year,
  • an annual rate of 2.2 percent in the first quarter, down from 3 percent at the end of last year,
  • ...18 more annotations...
  • It was the first deceleration in a year, but it was not nearly as severe as other setbacks in the last couple of years.
  • Mitt Romney
  • insisting that the president has held back the recovery and intends to do further damage.
  • White House focused on
  • solid growth in consumer spending and a surge in residential building.
  • the private sector is continuing to heal from the financial crisis,” said Alan Krueger, chairman of the president’s Council of Economic Advisers.
  • subsidize the employment of teachers and first responders to emergencies.
  • Economists initially predicted a much weaker showing in the latest quarter, partly because of a large accumulation of inventories in the fall and winter that needed to be worked off. But in the last few weeks, expectations rose on strong jobs reports and rising consumer confidence.
  • Consumer spending did turn out to be the major strength
  • Business investment, which had been a bright spot, declined in the most recent quarter.
  • Government spending also fell more than anticipated,
  • thanks in part to a particularly large drop in military outlays.
  • Consumer savings declined.
  • decline in business investment.
  • Businesses spent more on equipment and software but much less on infrastructure.
  • in construction related to mining, oil and gas, while manufacturers actually increased their spending on factories and office buildings.
  • another significant slowdown, saying that last year’s hiccup was the result of a series of external shocks, like a spike in gas prices (this year’s was less severe and is already subsiding) and the Japanese earthquake.
  • Stagnation in Europe and a slowing of China’s breakneck expansion have weakened global demand even as corporate profits have continued to outpace expectations.
Yayoi Tanikawa

Student loan debt continues to rise - latimes.com - 0 views

www.latimes.com/...t-rise-20120531,0,543907.story

shared by Yayoi Tanikawa on 01 Jun 12 - No Cached
  • Student loan debt continues to rise
    • Yayoi Tanikawa
      Yayoi Tanikawa on 01 Jun 12
       
      and this will decrease GDP
    • Yayoi Tanikawa
      Yayoi Tanikawa on 01 Jun 12
       
      national debt will increase
  • The rise in student debt contrasted with a decline in overall indebtedness among American consumers
  • pile on loans to pay for college and graduate school
  • ...1 more annotation...
  • "Student loan debt continues to grow even as consumers reduce mortgage debt and credit card balances,"
    • Yayoi Tanikawa
      Yayoi Tanikawa on 01 Jun 12
       
      students may not be able to get full time jobs, so they won't have as high a salary to pay off debts compared to someone who has a full time job
Nich Fabrici

US economy points to jobless misery | Latest Business & Australian Stock market News | ... - 1 views

www.dailytelegraph.com.au/...story-fn7ki14e-1226379145767

shared by Nich Fabrici on 01 Jun 12 - No Cached
  • US economy points to jobless misery
  • US economy grew
  • slowly
  • ...16 more annotations...
  • 1.9 percent in the first quarter, instead of the 2.2 percent pace initially estimated last month.
  • Payrolls firm ADP reported private-sector employment rose by a modest 133,000 jobs in May, well below expectations, from April's 113,000 number.
  • US unemployment benefits - indicating the pace of layoffs - rose by 10,000 to 383,000 in the week ending May 26,
  • 2.0 percent,
    • Derek Schwung
      Derek Schwung on 01 Jun 12
       
      New jobs --> indicator of lower unemployment 
    • Nich Fabrici
      Nich Fabrici on 01 Jun 12
       
      More jobs should stimulate the second quarter Economic growth, but didn't.
  • The four-week moving average also increased
    • Derek Schwung
      Derek Schwung on 01 Jun 12
       
      Find out what the four-week moving average is, could possibly be interesting 
  • The lackluster data came just five months ahead of the November presidential election in a race dominated by high unemployment concerns.
    • Derek Schwung
      Derek Schwung on 01 Jun 12
       
      Maybe just a political move? 
    • Nich Fabrici
      Nich Fabrici on 01 Jun 12
       
      or an economic fault? need deeper research on this point.
  • The first-quarter slowdown was due in part to declines in private inventory investment and a pick-up in imports,
    • Derek Schwung
      Derek Schwung on 01 Jun 12
       
      Causes as to why it happened
  • stalled with growth at about 2.0 percent,
    • Derek Schwung
      Derek Schwung on 01 Jun 12
       
      Growth is stalled Could talk about what no growth would result in. 
  • Fresh jobs indicators for May on Thursday suggested that second-quarter economic conditions would do little to spur recovery in the sick labor market.
    • Nich Fabrici
      Nich Fabrici on 01 Jun 12
       
      Decrease in Growth could mean disinflation is on it's way, to the already injured US economy.
  • 3.0 percent growth rate in the final quarter of 2011
Christina Seward

Minimum alcohol price in Scotland to be set at 50p a unit | Society | The Guardian - 4 views

www.guardian.co.uk/...mum-alcohol-price-scotland-50p

shared by Christina Seward on 06 Jun 12 - No Cached
    • Christina Seward
      Christina Seward on 06 Jun 12
       
      first IA
  • After resisting it for four years, Scottish Labour is also preparing to support the policy if Alex Salmond's government presses on with plans for a £130m "health levy" on supermarkets to claw back the £125m increase in their revenues from a 50p minimum price.
  • said in January that inflation and a drop in alcohol misuse meant only a 50p cost would have a significant impact now.
  • ...2 more annotations...
  • 60 lives in the first year, and 318 a year within a decade. It would most directly affect alcoholics,
  • extra £120 a year.
Christina Seward

Banks received 'implicit' taxpayer subsidy of up to £220bn, Bank of England s... - 0 views

www.telegraph.co.uk/...20bn-Bank-of-England-says.html

shared by Christina Seward on 06 Jun 12 - No Cached
  • One of the major benefits to banks was lower borrowing costs, because the paper argues that witho
    • Christina Seward
      Christina Seward on 06 Jun 12
       
      lower interest rates
    • Christina Seward
      Christina Seward on 06 Jun 12
       
      analyzing the GDP and discussing the pros/cons of increasing the subsidy. 
  • he resulting cost to society of financial crises, not least the reduction in GDP, could far exceed the original implicit subsidy
Mo Settles

Gas survey reports its first price drop of the year - CNN.com - 1 views

edition.cnn.com/...index.html

shared by Mo Settles on 06 Jun 12 - No Cached
  • "We may see another five to 10 cents decline in the next few weeks" if crude oil doesn't rise, she said.
  • Atlanta: $3.79 Boston: $3.95 Denver: $3.87 Houston: $3.85 Memphis, Tennessee: $3.72 Portland, Oregon: $4.02
  • their first dip since December, according to a nationwide survey published Sunday.
  • ...16 more annotations...
  • A gallon of regular now costs $3.91 on average,
  • down more than 5 cents from two weeks earlier, when the average was just a few cents below the $4 mark.
  • crude oil for allowing gasoline
  • Gasoline supplies are plentiful, but crude oil prices had been "propping up" gasoline costs, she said. As crude oil prices have stabilized, gasoline prices have fallen.
  • Even looking ahead to later in May, as the country enters peak driving season, prices might not jump if crude oil stays stable because gasoline supplies are flush
  • one year ago was $3.8
  • ust three cents under
  • tabulates prices every two weeks at thousands of gas stations nationwide.
  • The city with the lowest average gas price was Tulsa, Oklahoma, at $3.52
  • San Francisco: $4.21
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Why did the price change? -crude oil  -lots of gasoline  -crude oil stable/gasoline has prices fallen -
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      By how much did quantity change? -quantity of crude / gasoline increased
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Who was effected by price change? -American citizens -The Oil Companies -Government?  
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      How was price impacted? -average gas prices dropped by 5 cents (USA) -$3.91 for a gallon on average  -below $4 mark -if crude oil prices stay stable another 10 cent change is expected -prices in peak season might not change because of the steady gasoline prices -average last year $3.88 three cents under current  -
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Lundberg Survey  -tabulates prices every two weeks at thousands of gas stations nationwide
    • Mo Settles
      Mo Settles on 07 Jun 12
       
      Econ to talk about -PES
Nich Fabrici

Petrol price 'to rise above $1.50/L' | News.com.au - 0 views

www.news.com.au/...story-e6frfmci-1226305743969

shared by Nich Fabrici on 06 Jun 12 - No Cached
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Demand is still high, but price is still continuing to go up. how will this effect spending?
  • Mr Sebastian said petrol prices were unlikely to fall anytime soon.
  • Savanth Sebastian
  • ...1 more annotation...
    • Nich Fabrici
      Nich Fabrici on 06 Jun 12
       
      Rise in Petrol Prices- staying on an increase. will this decrease demand?
tom takakuwa

BBC News - Toyota extends production cuts due to Thailand floods - 0 views

www.bbc.co.uk/...business-15587229

shared by tom takakuwa on 05 Jun 12 - No Cached
  • The company said production in Thailand will remain suspended, while Japanese units will work at reduced capacity until 12 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Decrease in the supply of cars in Japan
  • Toyota is the world's biggest carmaker.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      As largest car maker in the world, this will impact the market for cars. Increase of price due to less quantity
  • suspension of production in Thailand was expected to resulted in the loss of 69,000 units between 10 October and 5 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Statistics of a decrease in supply
  • ...2 more annotations...
  • to be down by 22,000 units between 24 October and 5 November.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Also could explain why prices would go up.
  • US and Canada by 50% due to shortage of parts.
    • tom takakuwa
      tom takakuwa on 08 Jun 12
       
      Will also explain a shift in supply because other companies are also not doing as well as anticipated.
  • tom takakuwa on 05 Jun 12
     
    Toyota has extended production cuts at its factories in Thailand and Japan due to shortage of parts in the wake of floods in Thailand. The company said production in Thailand will remain suspended, while Japanese units will work at reduced capacity until 12 November.
Yayoi Tanikawa

Japan Govt to expand routine vaccinations | The Jakarta Post - 4 views

www.thejakartapost.com/...pand-routine-vaccinations.html

shared by Yayoi Tanikawa on 05 Jun 12 - No Cached
  • Japan Govt to expand routine vaccinations
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      merit good that is under consumed
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      positive consumption externality
  • The health ministry has decided to add three immunizations--against cervical cancer and two infections that can cause bacterial meningitis
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      MPB moves towards MSB
  • subsidizing fees for the three vaccinations as an emergency measure since fiscal 2010
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      making vaccinations more accessible
  • ...6 more annotations...
  • subsidies are set to be terminated at the end of this fiscal year, the Health, Labor and Welfare Ministry plans to make the subsidies permanent
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      with subsidies, more quantity at a lower price
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      encourages people to get vaccinations
  • among children
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      so they can live longer, provide more to society
  • termination of subsidies for those immunizations was seen as undesirable in light of the fact that an increasing number of young people have been diagnosed with those conditions
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      by preventing the diseases, people won't have to spend more money on treating the diseases when they get older
  • routine vaccination program as soon as it can secure funding for them.
    • Yayoi Tanikawa
      Yayoi Tanikawa on 05 Jun 12
       
      under produced
  • Making all seven immunizations part of the routine vaccination program would cost 200 billion yen per year
  • "It's strange to treat them differently just for budget reasons when they are all important vaccinations
Aili Saito

Panasonic may halve its 7,000-strong headquarters ‹ Japan Today: Japan News a... - 0 views

www.japantoday.com/...e-its-7000-strong-headquarters

shared by Aili Saito on 08 Jun 12 - No Cached
  • aimed at speeding up decision-making
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      can relate to economies of scale = lack of communication is resolved
  • rival Sony
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      example of substitute good = XED 
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      PED will alter
  • been badly hit by the appreciation of the yen,
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      exports decrease 
  • ...3 more annotations...
  • falling prices
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      movement on the demand function
  • 772.2 billion yen loss
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      loss = bad 
  • halve its 7,000-strong headquarters
    • Aili Saito
      Aili Saito on 08 Jun 12
       
      increase in unemployment
Sean Dolan

Renault backs electric cars with free chargers | Reuters - 0 views

www.reuters.com/...chargers-idUSL5E8G94V820120612

shared by Sean Dolan on 12 Jun 12 - No Cached
  • electric car
    • Sean Dolan
      Sean Dolan on 12 Jun 12
       
      positive consumption externalities
  • o claim 10
    • Sean Dolan
      Sean Dolan on 12 Jun 12
       
      demand increase
  • subsidy
    • Sean Dolan
      Sean Dolan on 12 Jun 12
       
      subsidized
  • ...2 more annotations...
  • with volumes dropping sharply after filling advance
    • Sean Dolan
      Sean Dolan on 12 Jun 12
       
      decrease in demand
  • about plug-in hybrids that
    • Sean Dolan
      Sean Dolan on 12 Jun 12
       
      substitute goods
Yihan Li

BBC News - Australia cuts interest rates in a bid to boost growth - 0 views

www.bbc.co.uk/...business-18327769

shared by Yihan Li on 06 Jun 12 - No Cached
  • The bank cut its key rate to 3.5% from 3.75%.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      Australia's central bank cut its interest rate, which is a monetary policy. This is intended to increase consumption and investment, thus the aggregate demand   
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • ...14 more annotations...
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
  • At the same time, domestic demand has also been stagnant despite efforts to spur consumption.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      Both monetary and fiscal policies are used to stimulate the consumption, thus AD. However this has not worked. 
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
  • ere have been concerns that Australia's resources-led boom may be hurt by falling
  • ave been concerns that Australia's resources-led boom may be hurt by falling
  • There have been concerns that Australia's resources-led boom may be hurt by falling demand due to a slowdown in global growth.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      Main component of Australia's GDP growth was export of natural resources. Due to unstable international economy, foreign companies manufacture less good, so less Australia's resources will be demanded. Thus GDP growth slows down.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      AD-AS curves can be used 
  • In China, one of the biggest markets for Australian commodity exports, both the manufacturing and non-manufacturing sectors have seen the pace of growth slow in May, raising concerns about a slowdown in its economy.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      Since China is Australia's biggest exporter, stagnation of Chinese economy will reduce the export, thus AD
  • Meanwhile there have been fears about the recovery in the US economy losing its pace after it reported weaker-than-expected jobs data for May.
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      Low consumer and business confidence, which may reduce consumption and investment 
  • However, there has been a slew of weak economic data that has come out since then.
  • accommodative stance
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      accommodative stance = looser monetary policies
  • The country's housing market has seen prices fall and continues to remain subdued despite earlier cuts to the cost of borrowing
    • Yihan Li
      Yihan Li on 07 Jun 12
       
      House is most people's biggest asset. The decrease in its price will reduce people's disposable income, thus consumption and AD 
  • Yihan Li on 06 Jun 12
     
    Interest Rate and Macroeconomy  
Cynthia Huang

More foreign currencies sold -- Shanghai Daily | 上海日报 -- English Window to Ch... - 0 views

www.shanghaidaily.com/...%2Bforeign%2Bcurrencies%2Bsold

currencies exchange rates

shared by Cynthia Huang on 19 Sep 12 - No Cached
  • BANKS in China sold more foreign currencies in August than July
  • yuan funds
  • fell by 17.4 billion yuan last month from July to 25.6 trillion yuan
  • ...6 more annotations...
  • apparent capital outflow from China due to the weak economic situation
  • outflow occurred as the yuan weakened against the US dollar
  • exchange rate fell from 6.3146
  • to 6.3449
  • predicts the outflow to cease
  • quantitative easing moves by the US Federal Reserve may increase liquidity worldwide and fuel the risk appetite of investors
Aili Saito

Obama announces education help for unemployed - CNN - 0 views

articles.cnn.com/...nt-education-unemployed-person

shared by Aili Saito on 26 Sep 12 - No Cached
  • educational and training programs
  • unemployment benefits
  • maximum Pell grant would be increased in July by $500 to $5,350.
James Cohen

Tax on super strength beers and lagers set to increase - 0 views

www.bbc.co.uk/...uk-politics-11879061

Demerit Good

shared by James Cohen on 29 Apr 11 - No Cached
  • James Cohen on 29 Apr 11
     
    Article on rise in tax from negative externalities from the demerit good of beer. Particularly the stronger beers with greater externalities.
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