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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.
Cynthia Huang

Are you ready for the $60 light bulb? - 0 views

www.mercurynews.com/...are-you-ready-60-light-bulb

substitute goods microeconomics subsidizing san jose mercury news

shared by Cynthia Huang on 03 Jun 12 - No Cached
  • Cynthia Huang on 03 Jun 12
     
    I can't comment on the actual article, so here are my points: -this shows a case of substitute goods that happen to be merit goods. the manufacturer, Philips, has created an eco-friendly lightbulb that will last about 20 years. however, it also has other eco-friendly light bulbs that cost a fraction of the current set price. -the price is currently quite expensive, but the manufacturer is currently subsidizing the product for customers. -a diagram of positive consumption externalities can be shown, using the prices mentioned in the article.
Derek Schwung

BBC News - China files EU solar subsidy complaint with WTO - 0 views

www.bbc.co.uk/...business-20207305

China EU WTO tariffs

shared by Derek Schwung on 06 Nov 12 - No Cached
    • Derek Schwung
      Derek Schwung on 06 Nov 12
       
      Dumping - lower market price
    • Derek Schwung
      Derek Schwung on 06 Nov 12
       
      Protectionism - subsidizing domestic producers
    • Derek Schwung
      Derek Schwung on 06 Nov 12
       
      dumping
Shoko Kuroda

U.S. Growth Slows to 2.2%, Report Says - NYTimes.com - 1 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
       
      It clearly states that the increase in consumer confidence shifted the AD curve to the right and how this lead to the stable US GDP growth
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      can draw a graph describing the growth in GDP by a AD curve shift to the right
  • Business investment, which had been a bright spot, declined in the most recent quarter.
  • ...24 more annotations...
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Business investment is stated as another factor which contributed to the decrease in GDP growth 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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)
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Could give an insight to some statistics as to what the GDP growth rates are for few countries around the world 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      Evaluate on the two different perspectives and the extent to both are valid 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
  • Government spending also fell
  • particularly large drop in military outlays.
  • Many economists pointed out that consumer spending, mostly on cars and other large items, seemed to have come at a cost. Consumer savings declined.
  • decline in business investment.
  • Businesses spent more on equipment and software but much less on infrastructure.
  • decline in investment in
  • construction related to mining, oil and gas
  • series of external shocks, like a spike in gas prices (this year’s was less severe and is already subsiding) and the Ja
  • panese earthquake.
  • where many countries are already in recession and where this week Britain announced that it had entered the dreaded “double dip.”
  • slowing of China’s breakneck
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
  • Shipments of durable goods increased last month, but new orders showed the steepest drop since January 2009.
  • unemployment benefits have risen.
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
    • Shoko Kuroda
      Shoko Kuroda on 31 May 12
       
      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. 
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
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
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