Macroeconomics

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    Great Recession

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    My definition of a recession is when the average American struggles, because there are no jobs, and barely any money to survive off of. “The economic meaning of a recession is when the economy declines significantly for at least six months. That means there's a drop in the following five economic indicators: real GDP, income, employment, manufacturing and retail sales.” (Amadeo, 2017) A recession doesn’t usually hit very hard so that it is immediately noticeable. It can start up pretty slowly…

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    success. These four countries make up the Asian Tiger states and had common roots in the 20th century. From the mid 20th century until 1997, the Tiger economies were admired and favored by foreign investors for their “fast growth, low inflation, macroeconomic stability and strong fiscal positions, high saving rates, open economies, and thriving export sectors” (Aghevli, 1999). The Asian Tiger’s strong economic performance throughout the early 1990s made it close to impossible to predict that…

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    Keynesian Theory

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    Beneath the surface of everyday America life, a shadowy entity directs the tides of society. One tends to hear of its work only in extraordinary times, yet its world of percentage points and obscure terms never sleeps, keeping many Americans awake at night along with it. One might even claim it is the very heart of America. The pulse it generates fuels not only the nation’s present dreams, but accounts for much of its past wisdom and future hopes as well. This entity is none other than the U.S.…

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    Recommendation : 1) Economic stability : To enhance the Malaysia foreign direct investment to other countries, the currency value of the Ringgit Malaysia is the primarily consideration of the Malaysia’s entrepreneurs. If the currency of ringgit Malaysia is in a good sign, it will encourage Malaysia entrepreneurs to invest to other countries. To the contrary, if the Malaysia Ringgit fall will cause the Malaysia’s entrepreneur perish the thought of foreign direct investment to other countries…

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    America Economic Issues

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    Issues within America America has numerous macroeconomic issues within its’ economy. One would be the fact that America’s debt is quite greater than its’ deficit. Theirs an actual clock on the internet that you can watch the debt just grow by the second. Another, would be the unemployment rate going on in America and how it’s hurting more and more people daily. The fact that in the “dreamy” country of America people are at a struggle due to lack of jobs available. Although, a bigger problem…

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    Current Industry Landscape: According to the Exhibit 5, today China is the world’s largest car manufacturer responsible for 26% of total production. Kenya is on the opposite end with only 3,080 cars being produced annually. China, India and Kenya are comparable in terms of labor costs. If GM facilitates production in Kenya, then it would have an easy access to the resources and cheap labor; while in China and India it would have to compete for the same resources with a large number of domestic…

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    Fiscal Policy can be considered an economic issue because any change in the government budget can have a significant impact on the economy on a whole as well as the people living in it. Fiscal Policy consists of changes in government expenditures and/or taxes to achieve economic goals, such as low unemployment, price stability, and economic growth. “Federal tax and spending policies can affect the economy because of the impact on federal borrowing, private demand for goods and service as well…

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    Elements Of Capitalism

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    The basic elements of economics of capitalism involve the interaction of these five elements; commodities, money, labour power, means of production, and production. There are two type of commodities: capital goods and consumer goods. Capital goods refers to things such as lands, raw materials, tools machines and factories needed to produce goods, and consumer goods which refers to items to be sold. Money is focal point of capitalist economy which refer to the standard means exchange. The purpose…

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    countries to work out which will benefit Australia if they import from them. The Australian economy has grown at around 2.5% per cent on average in the past two years. As the second largest economy in the southern hemisphere, Australia has a few macroeconomic objective targets. It is going to maintain 2-3% inflation and achieve natural rate of unemployment 4-5%. What’s more important is to achieve sustainable Economic Growth, which is between 3-4% and have a sustainable external debt, efficient…

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    found threatened with several issues. To keep the control of the driving seat the Chinese government hasplanned to bound the foreign investment to 50% with the government enterprise to have the control in their own heights. As the part of their macroeconomic policies the government of china has imposed a ban on the automobile financing to overcome the restraining inflation.Further more government might allow the foreign exchange rate grow significantly which would as a result decrease the…

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