Those who are said to be unemployed, people who are not willing or unable to work for whatever reason are deemed economically inactive and do not count towards the unemployment figures As part of my research I explored the reasons behind unemployment and the effect it has on the economy. ... They go through various test to factor in details such as how long they will be here for and their reasons for coming here whether it be for work, holiday. ... After reading through my research and looking at all the data I have come to the conclusion that unemployment isn't going to get any better in...

• Word Count: 1481
• Approx Pages: 6
• Has Bibliography

Apparently, because the different governments were so eager to bail out and/or intervene on the part of a firm with project-gone-bad, acting almost as "loan-insurance", everyone took that as all the more reason to throw money into whatever investment came along. ... The main factors behind the banking debacle were: lax supervision on loans, weak regulation, lack of incentive-deposit insurance plans (incentives to have people save and deposit their money so that the banks will have a reserve in case a loan goes bad), lack of expertise in the regulatory institutions, and outright corruptive lend...

• Word Count: 1820
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

And government should step back and let the private sector do whatever they want to do. ... When the savings decreases, the interest rate will go up and cause even less capital investment (Metzler, 1951). ... When less money is available in the market, the demand will go down and consequently prevent the inflation. ... By raising the discount rate, the interest rate goes up and banks need to take further consideration before making loans to customers. ... When the size of the savings gets bigger, the interest rates will go down, production up, and inflation diminishing, which means there will...

• Word Count: 1364
• Approx Pages: 5
• Grade Level: Undergraduate

"On the big issue of the hour, of weeks and months, the G-20 communique is not going to make a big difference," said Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics in Washington. ... With each member state free to do whatever they want, that's the way to paper over those differences" (Castillo). ... "If people have a sense of where they are going, that can provide confidence and break the fever," he said, referencing the need for a framework. ...

• Word Count: 1321
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The Turkish lira was plunging in value and people were afraid that Greece's economy was going to suffer because of it. Yannos Papantoniou, the Greek finance minister assured the people that whatever happened in Turkey would not affect Greece and in turn "also dismissed warnings that the Greek economy was in danger of over-heating. ... This is going to cause a slight decline in revenue because tobacco is one of Greece's chief exports. With much of the world banning smoking in public, Greece's economy is going to take a hit. ... With a little time and patience I feel ...

• Word Count: 1623
• Approx Pages: 6
• Grade Level: High School

Marx suggests that the poverty of the workers goes hand in hand with capitalist production. ... They will do whatever they can to achieve more if they have personal positive influence. ... He also argued for a systemic understanding of socio economic change, and that the structural contradictions with capitalism is going its end, giving way to communism. ...

• Word Count: 1440
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

But besides going out, what about all those holidays and the gifts they imply? ... Last but not least, let's say everything is going well and we decide to get married. ... But what if we had spent those nights going out for dinner, or watching a movie? ... Going that extra mile at work or spending more valuable time with friends and family, whatever it is important to us, there are innumerable possibilities as to what the opportunity cost of the time spent dating or in a relationship could be. ... Finally, there are going to be situations were we have to accept things that we do not like...

• Word Count: 2410
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

One day, it was snowing outside, and he was so excited, he just left the classroom to go out with his friends and playing snow. ... Obviously, we are going in a wrong education direction for our children. ... However, can we run out of these materials and watch them go to waste? ...

• Word Count: 2235
• Approx Pages: 9
• Has Bibliography
• Grade Level: High School

When international capital flows out of a country suddenly, it can precipitate a crisis, particularly if they involve sovereign debt and banking and financial system debt (E&M, 5) Norberg Contends that free movement of capital is good because: It gives people freedom to do whatever they wish with their own resources, eg, Americans can invest their pension funds wherever they wish to do so It provides businesses the liberty to seek financing in other countries Free movement of capital allows money to be used in the most efficient manner so that both lender and consumer deri...

• Word Count: 2004
• Approx Pages: 8
• Grade Level: Undergraduate

Time has to be spent going over the project with the team leaders of both businesses. ... Many states have one-stop shops where the services of the Commerce Department are combined with whatever assistance the state offers (Smith, 1999). ...

• Word Count: 2048
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Microeconomics is the motion associated with decisions made at a low level or otherwise known as a micro level. More precisely defined as by about economics (2014) as "the analysis of the decisions made by individuals and groups, the factors that affect those decisions, and how those decisions affec...

• Word Count: 2078
• Approx Pages: 8
• Has Bibliography

Whatever the specific components of this better life, development in all societies must have at least the following objectives. 1- To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health and protection. 2- To raise levels of living including in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which will serve not only to enhance material well-being but also to generate greater individual and national self-esteem. 3- To expand the range of econ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate