Group items tagged

The significance of unemployment rate is clearly indicated, such as the the impact on Obama's re-election. 

Unemployment raises when there is more demand for working because no matter whether there is an increase or decrease in the working labour force, the number of available jobs are limited. Because there is a limited number in the number of jobs, the increase in demand for employment raises the unemployment rate. 

The word 'recession' can used to introduce the Keynesian economics with the boom and the busts cycles and monetary and fiscal policies to reduce these cycles. 

This indicates the influence of America's unemployment rate as well as their economic growth to the other major countries, such as China and India. A increase in America's unemployment rate resulting in a decrease in America's GDP growth has affect on the economy of China and India, such as in exporting goods. 

The decrease in the prices of government bonds in Germany and United States indicates that the citizens dont have the trust to these countries for their skill to return the money with a fixed amount of tax. This is also another indication for the economy not doing well. 

The main factor of decrease in America's GDP is stated as the overall decrease in the demand for goods since many economies are not successful. 

Europe can be noted as one of the important continents which greatly affect the global economy. 

Whether a company has a diverse target audience or not can be a indicator to determine the impacts of global slow down in markets. 

A graph illustrating a global decrease in demand can be applied to draw the consequences of decrease in GDP. 

The economic policies which President Obama used can be described thoroughly in this section, such as fiscal and monetary and their success. 

Both the positives and the negatives of America's economy can be explained more in depth and the impact of each factor to the market. 

Decrease in Growth could mean disinflation is on it's way, to the already injured US economy.

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

As well as drawing the season unemployment graph, an explanation as to how seasonal unemployment is caused can be described. The causes of seasonal unemployment needs to be related to the increase in unemployment rate in USA between last Winter and May. 

A graph indicating the consequences of decrease in consumer confidence and how it shifts AD to the left can be shown through a graph. Increase in demand for a higher price of unemployment benefits can be drawn on a graph illustrating the impact on GDP. A brief explanation of consumer confidence and the basic components of GDP should be mentioned and explained. 

Business investment is stated as another factor which contributed to the decrease in GDP growth 

Explanation as to what is GDP, its definition and the major factors which influence GDP. GDP= C (consumption)+G (government spending) +I (investment) +(X-M) (exports- imports)

Could give an insight to some statistics as to what the GDP growth rates are for few countries around the world 

Evaluate on the two different perspectives and the extent to both are valid 

reducing unemployment is another factor which affects GDP. State and explain how employment increases GDP. When people are employed this increases consumer confidence and results in consumers to be more willing to pay for goods and services and therefore increases consumption which is a big part of GDP. 

Explain the relationship between the GDP of other countries. Such in this time period, Greece as a country was going the path of becoming bankrupt. The Euro-crisis contracted the economy of many countries. When they have a smaller economy, they have less amount of exports and therefore this could have made the difference between exports and imports significant and influenced GDP. 

Decline in business investment, infrastructures invest more money therefore bring a bigger influence on growth of GDP whereas equipment and software have little affect since it is not as expensive as building roads and buildings. 

Investment on construction of mining, oil and gas is similar to business investment on infrastructure since they acquire a lot of money whereas spendings on factories and office buildings are not as expensive as construction related spending. 

Unemployment benefits have risen, indicating that since there is a population who dont have a job, the government has to afford them unemployment benefits which reduces GDP. 

Natural hazards such as the Earthquake and Tsunami which hit Fukushima on March 11, reduced the exports of Japanese goods to foreign countries due to the news of radiation. Because of a decrease in demand for Japanese goods, this could have reduced imports for America and a smaller difference between exports and imports of goods. 

Because China has such a global impact on the world's economy, the slowing growth of the Chinese economy could reduce consumption of goods, considering the fact that the prices of Chinese goods could increase. 

Target is one of a few very large clothing stores in Australia. Like an oligopolistic market, Westerfarmers must use non price determinant factors to get more consumers.

Large gains in profit due to cheaper costs and more sales.

This is amid low growth rates for Australia. Suggests monetary policy as a solution.

Terrible for everyone: --> no job = no income --> less spending Terrible for government: --> decrease on government revenue --> government has to spend more money on unemployment benefits --> government is receiving less money and spending more money --> budget deficit

Negative economic growth can cause recession

Government policy that focuses on taxes and government spending to improve the economy

Decrease in GDP due to decrease in consumer spending

Decrease in government spending