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Aili Saito

U.S. economy picks up speed but doubts surround 2012 outlook - Jan. 27, 2012 - 1 views

  • seasonal trends
    • Aili Saito
       
      GDP can vary due to seasons - similar to seasonal unemployment
  • business investment
    • Aili Saito
       
      will lead to a decrease in AD
  • The United States economy picked up speed
    • Aili Saito
       
      GDP increase = could express this on an AD/AS graph where the AD shifts to the right as well as AS shifts to to the right (both increase) - also leads to inflation
  • ...7 more annotations...
  • their inventories
    • Aili Saito
       
      production increased
  • consumers increased their spending
    • Aili Saito
       
      consumption increased (leads to a shift in AD to the right)
  • overall weakness
    • Aili Saito
       
      could possibly lead to a recession in the future
  • businesses building up their stock of goods
    • Aili Saito
       
      main reason of increase in GDP is the increase of production and increase of stock (AS related)
  • confidence
    • Aili Saito
       
      consumer/business confidence will lead to an increase in AD
  • the report showed GDP grew only 0.8% in the fourth quarter, compared with 3.2% in the third.
    • Aili Saito
       
      there is a decrease in GDP growth - could possibly lead to a recession (negative GDP growth)
  • too weak to warrant higher interest rates any time soon
    • Aili Saito
       
      as interest rates increase, it will lead to an increase in government revenue/profit for banks but also, a decrease in AD
Tomomi Nakamura

Greek G.D.P. Fell 6.2 Percent in 2nd Quarter - NYTimes.com - 0 views

  • The nation’s gross domestic product slid 6.2 percent in the second quarter from a year earlier
  • unemployment rate in May reaching a record 23.1 percent
  • Antonis Samaras, the conservative prime minister of Greece, is seeking to deliver further austerity measures to free up more of the rescue funds provided by the so-called troika — the International Monetary Fund, European Union and European Central Bank — as part of a 130 billion euro ($160 billion) loan program
  • ...3 more annotations...
  • But many economists were skeptical that the heavily indebted Greek state can cut its way out of crippling recession.
  • in 2013, from 9.3 percent in 2011.
  • Officials in Athens agreed in March to cut the general government deficit to 7.3 percent of G.D.P. this year and to 4.6 percent
Aili Saito

Obama announces education help for unemployed - CNN - 0 views

  • educational and training programs
  • unemployment benefits
  • maximum Pell grant would be increased in July by $500 to $5,350.
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