Economic Advisement Paper

With the recent developments in the economy there could have not been a better time to

Countries have different resources which their economy depend on ; For example Saudi Arabia depend on oil export. When oil price is high then their economy become very strong . Countries like, Japan, Korea, and Germany, manufacturing have big part of their economy. Other countries depend on tourism like Turkey, South Africa and Malaysia. A lot of places to visit, big restaurant, malls, theater and nice beaches. Some countries lost big part of their from tourism problems in Egypt , War in Syria and Lebanon kept tourism away . Their economy is down . Big problems bring the world economy down like Greece bankruptcy also china decrease their currency to increase their export.

The main contributing cause for the decline in economic growth over this year is the huge reduction in business and consumer investment. After analyzing the GDP growth rate over the past three quarters of 2016, it is shown that there have been steady increases in consumer consumption, government spending, and net exports, subsequently in both exports and imports. The only factor of the GDP equation that is holding the economic growth rate in the U.S. down in the lack of business and consumer investment. GDP can be calculated using the following equation of, GDP = Consumption (C) + Investment (I) + Government Spending

Three positive observations that I made from the Mount Inn was the increase of the occupancy rate, rooms revenue, and beverage revenue. The occupancy rate jumped from 64.9 % in 2016 to 65.1% in 2017. This was a .20 increase in the rooms that were being occupied The hotel was able to get more customers into their doors. The rooms revenue jumped from $6,159,536 in 2016 to $6,414,875 in 2017.This was a $255,339 increase in revenue for rooms in the Inn. Another finding for the rooms revenue increased from being 70.77% to 71.72% out of the total revenue percentages. The last positive observation was the increase of the beverage revenue from $566,230 in 2016 to $637,400 in 2017. This was a $71,170 increase in revenue. The hotel is definitely growing revenue wise due to increase of customers coming into the hotel.

Visit the Bureau of Economic Analysis Web site at  www.bea.gov  In U.S. Economic Accounts under  National click on Gross Domestic Product (GDP), then Interactive Tables: GDP and the National Income and Product Account (NIPA) Historical Tables, click “Begin using the data”, and use Section 1 - Tables 1.1.5 and 1.1.6 to identify the GDP (nominal GDP) and real GDP for the past four quarters.

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

Tasmania is Australia’s most forested state, where it has one of the highest forest proportions on Earth. The Forestry industry in Tasmania is one of the most important economic resources for the Australian state, this industry is facing market problems because of the invasion of the low price imported timber products.

An ASB Bank economic expert says she expects the Reserve Bank governor Bollard post to reduce the official money rate partly attributable to the economic impact of the earthquake. "The personal, economic and money ramifications for the complete economy from the February earthquake are getting more severe as more data involves hand," bank economic expert Jane Turner."At a time of national crisis, once the underlying economy is already proving frustratingly weak, a rate cut would doubtless be extremely useful to the recovery of the economy."She same she expected the Federal Reserve Bank to deliver a fifty point rate cut in March , if not sooner. the present OCR is three per cent."The CBD faces destruction so much on the far side that skilled within the earthquake. As a result, the amount of disruption to economic activity are so much bigger," she said.The imapct to infrastructure was so much bigger and also the central city district was out of action for a long period of time

In the United States, minimum wage has remained at a low number for several years. Minimum wage is defined as the lowest possible income that an employer can legally pay an employee. This ensures that all people are fairly paid and not defrauded by companies or businesses. Minimum wage is considered a price floor and the minimum wage laws determine the lowest price possible that any employer must pay for labor. In an economic model, the quantity of supplied is greater than the quantity demanded and the minimum wage is above equilibrium price and quantity. Minimum wage prevents labor supplied and labor demanded from moving

-Brokerage firms manage and facilitate the purchase of stocks, bonds, and other types of investments.

Gross Domestic Product (or known as GDP), is defined as, “aggregate output as the dollar value of all final goods and services produced within the borders of a country during a specific period of time, typically a year” (McConnell, Brue, & Flynn, 2012). This measures the value of the output in monetary terms, and you can check current trends of the GDP by taking a look at the Bureau of Economic Analysis website. Today, we are taking a look at the “Release Highlights” link to check the most current trends within the GDP.

Gross Domestic Product (GDP) is an aggregate measure of total income and total spending on production of goods and services. Figure 1 presents year over year GDP growth for the US economy from 1994 to 2015. The economic downturn in 2007 and 2008 can easily be seen as demonstrated by the substantial decline in GDP. Recovery was achieved starting 2010, however, 2015 ends with a measurable decline in growth. Adding a trend-line to the GDP growth data depicts an overall decline of

Title of the Article: What are consumers buying? Cars, food, and stuff for their home

The increase in international economic turbulence will shift the aggregate demand curve to the left, as consumption and investment decline due to the lack of consumer and business confidence. The short run supply curve would shift to the right because the price level is lower than expected and costs have fallen in the economy.

The current economic literature suggests different answers to this complex question. In this paper, I argue that the answer is “no”. To arrive at this conclusion, I will first discuss the importance of price stability, and secondly, the costs and benefits of the suggested changes.