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Adam Seldis

Charles Holt's Classroom Games Homepage - 0 views

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    "Voluntary Provision of a Public Good"
Adam Seldis

http://www.bie.org/images/uploads/general/20fa7d42c216e2ec171a212e97fd4a9e.pdf - 0 views

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    Feedback
Cynthia Huang

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

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    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.
Yayoi Tanikawa

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

  • Student loan debt continues to rise
    • Yayoi Tanikawa
       
      and this will decrease GDP
    • Yayoi Tanikawa
       
      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
       
      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
Yihan Li

BBC News - India growth rate slows to 5.3% in first quarter - 0 views

  • India growth rate slows to 5.3% in first quarter
  • India growth rate slows to 5.3% in first quarter
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    Indian economy slowing down 
Derek Schwung

Euro-Zone Inflation Slows - WSJ.com - 0 views

    • Derek Schwung
       
      Macroeconomics - Government Policy Tools ECB and Monetary policy Inflation level is slowing down. 
  • The annual rate of consumer-price growth in the 17 nations that use the euro slowed to 2.4% in May from 2.6%
    • Derek Schwung
       
      Consumer-price growth is states as cause. 
  • ...4 more annotations...
  • The statistics office's preliminary release didn't give a breakdown to show why inflation fell.
    • Derek Schwung
       
      Doesn't give reasons to why --> gives you more room to analyze. 
  • May's reduction in the euro-zone inflation rate still leaves price growth above the ECB's target level of just below 2%
    • Derek Schwung
       
      Reaches target 
Derek Schwung

BBC News - Spanish unemployment hits record 5.64 million - 0 views

    • Derek Schwung
       
      Current unemployment rates in Spain
  • Monday are expected to confirm that Spain has fallen back into recession.
    • Derek Schwung
       
      A result/consequence of the unemployment levels. 
  • ...17 more annotations...
  • 0.4% in first three months of this year, after shrinking by 0.3% in the final quarter of last year.
    • Derek Schwung
       
      Decrease in GDP is a cause for the high unemployment. 
  • Spanish retail sales were down 3.7% in March from the same point a year ago, the 21st month in row sales have fallen.
    • Derek Schwung
       
      Sales = consumer spending. Less consumer spending/confidence will result in a decrease in GDP
  • The rate has risen sharply since April 2007, when it stood at 7.9%.
    • Derek Schwung
       
      Comparison to what the unemployment figures before the recession. 
  • The new government has announced reforms to the labour market, including cutting back on severance pay and restricting i
  • nflation-linked salary increases, that it hopes will ease the problem.
    • Derek Schwung
       
      What spain is doing to remedy the unemployment. 
  • The government has also introduced drastic spending cuts designed to reduce its debt levels and meet deficit targets agreed with the European Union. These cuts are contributing to Spain's economic contraction.
    • Derek Schwung
       
      Even though government expenditure would increase the AD/GDP, which would result in more employment, Spain is being forced to reduce government spending. 
  • S&P predicts the Spanish economy will shrink by 1.5% this year, having previously forecast 0.3% growth.
    • Derek Schwung
       
      Large decrease in GDP 
  • "We believe that the new government has been front-loading and implementing a comprehensive set of structural reforms, which should support economic growth over the longer term," S&P said. "In particular, authorities have implemented a comprehensive reform of the Spanish labour market, which we believe could significantly reduce many of the existing structural rigidities and improve the flexibility in wage setting."
    • Derek Schwung
       
      Solutions to the problem by analysts. 
  • The yield on 10-year bonds rose to 5.96%, up from 5.81%, suggesting investors were becoming more wary of Spain's ability to repay its debts.
    • Derek Schwung
       
      Investors are also key in GDP, which would boost economy, but they are weary. 
Shoko Kuroda

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

    • Shoko Kuroda
       
      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.
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