burst, causing housing process to plummet after peaking in 2006. A steep decline followed, with the market bottoming out and housing prices collapsing, creating a significant recession and impacting the global economy. Economist Robert Gordon (2009) stated that is was the principle of the Fed maintaining short term interest rates too low for a too long of a period of time, go on to say that the Fed policies on interest rates did in fact contribute to the housing bubble (Gordon, 2009) Prior to the
As Hong Kong is a small economy that is highly open to trade, it is also highly susceptible to global economic shocks. This is most recently evidenced by the GDP slowdown to 1.7% driven by negative trade developments and the inevitable drop in exports due to the global economic crisis. However, despite the weak global economy, Hong Kong's growth has rebounded due to the resilience of domestic demand along with low unemployment, most notably in low-skilled sectors. Additionally, beneficial fiscal
the Long Run and Open Economies Name Institution Contents 1.0 Introduction 3 2.0 History of Economic Changes and comparing it to Forecast for the next Five Years 3 2.1 Changes in GDP 3 2.1.1 Economic Forecast 4 2.2 Changes in Savings 4 2.2.1 Economic Forecast 4 2.3 Changes in Investment 5 2.3.1 Economic Forecast 5 2.4 Changes in Unemployment Rates 6 2.4.1 Economic Forecast 6 2.5 Changes in Real Interest Rates 7 2.5.1 Economic
you decide to invest your life savings and get buried in debt, consider the big picture, the current economy, your demographic target consumer and do your research. The idea of solar energy is one such brilliant, viable idea. True the demand is present for such energy, but before taking the leap, consider the market saturation, competition, governmental rules and regulations and other determent factor that will influence the success of your
recession in a majority of advanced economies and massive growth declines emerging and developing economies. A financial crisis occurs when disruption increases asymmetric information in the financial system affecting efficient channeling of funds (Mishkin & Eakins, 2012). The information asymmetry disrupts the transmission of funds from savers to productive investments and households. The profound nature of the disruption in 2008/09 has adverse effects on the global economy. As a consequence, there was
community by focusing on factors that promote health and wellness. Per the CDC, “Community health assessments use principles such proactive, broad, and diverse community engagement to improve results” (2016). Retrieved November 06, 2016, from http://www.cdc.gov/ Wyoming has had an increasing number of suicides within the last twenty years, primarily within the Natrona County District. Health Care professionals have implemented new intervention programs to decrease suicidal rates within Wyoming. In efforts
are certain economic implications. It is assumed that the economy will boom because of the mass production needed to supply an entire army, but there are other ignored adverse consequences to conflict. This common belief is true, for a time, but the post war complications often lead to recession or even depression due to inflation or governmental interference or influence. This occurred after World War I, when, before the war, the economy was stable and suffered only after. The Great Depression was
Question 1 (i) The recent trends in unemployment for adults has seen a notable increase in male employment, with differences yearly differences from July 2011 to July 2014 increasing by intervals of 0.2, 0.6, and 0.7. Recent trends in unemployment for adults has also seen female unemployment remain stagnant in the years of July 2011 and July 2012, with subsequent increase in unemployment in the years of July 2013 and July 2014. Recent trends for young labour market participants has seen a significant
Macro-Economic Choices Introduction Over the last several years, the budgetary challenges of the federal government have been increasingly brought to the forefront. This is because of the tremendous amounts of spending and the stagnant economy is creating a situation where there are large budget deficits. Over the course of time, this is causing the national debt to increase dramatically. To fully understand what is taking place requires focusing on: the three major categories of revenues, the
Analysis of U.S economy Changes in GDP The U.S Gross Domestic Product (GDP) in the first of 2016 increased by 1.1 percent as per chart below. Later in 2015 1.4 percent increase is realized, earlier in 2014 there is decrease in the GDP with consecutive increase in the other quarters of the year, in 2013 there is increase in all the four quarters as per the chart 1 below retrieved from bea.gov. Chart 1 Chart 2 From chart 2 the percentage increase has been almost equal only in 2013 ranging