Australia’s economic growth relies on Asia’s continuing demand for resources Table of Contents Executive Summary3 1. Introduction4 1.1 Overview of the task4 1.2 Report purpose and structure4 2. Australian economy5 2.1 Introduce stimulus package 5 2.2 Government’s guarantees 5 2.3 Mining Boom5 3. Australian economic growth6 3.1 Investment of mineral resources 6 3.2 China’s economic development6 3.3 Low interest rates6 4. Australian economic
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care. Population growth, new technology and treatments, and expanding health insurance coverage are also important contributing factors (Getzen, 2013, p. 23). “The total number of office visits to primary care physicians is projected to increase from 462 million in 2008 to 565 million in 2025” (Petterson, et. al., 2012, p. 2). Table 1 shows the difference in projected growth from changing demographics and the Affordable Care Acts (ACA) expansion of coverage. The ACA does impact growth and demand, but
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beginning of 2002, oil prices have almost quadrupled overtime. The United States is estimated to be the number one country of oil consumption therefore making the soaring prices one of the major concerns within the country. Although the amount of U.S imports and exports have varied overtime, recently the U.S has been running trade deficits. With the price of oil increasing, an oil-importing country like the U.S will have a substantial increase in the cost of petroleum imports therefore suggesting the deterioration
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are not engaged in any productive activities. Moreover, it arises when GNP declines over a long period of time and when businesses reduce their output. Cutbacks in production inevitably mean that industries will use less labor and materials. Consequently, some workers will lose their jobs and those seeking new jobs will have a difficulty finding employment. Increased unemployment is a major consequence of cyclical declines in real GNP during the periods of recession. Workers in industries usually
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“micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on five themes: productivity and growth; the evolution of global financial markets; the economic impact of technology and innovation; urbanization and infrastructure; and natural resources. Recent research covers job creation, infrastructure productivity
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Economy of India The economy of India is the tenth largest in the world by nominal GDP and the third largest by purchasing power parity (PPP).[1] The country is one of the G-20 major economies and a member of BRICS. On a per capita income basis, India ranked 140th by nominal GDP and 129th by GDP (PPP) in 2011, according to the IMF.[13] The independence-era Indian economy (from 1947 to 1991) was based on a mixed economy combining the worst features of capitalism and socialism, resulting in an inward-looking
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to discuss the how the unemployment rate will affect the Federal Reserve decision regarding to rate. In the end, historical data from different categories will be displayed to further discuss unemployment. Definition and Measurement Unemployment occurs when people are actively seeking
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CHINESE RURAL MIGRANT WORKER Introduction China's massive population has always been a major difficulty for the government as it has struggled to provide for it. The major economic changes of China in the last decade have brought on new and different economic and social challenges. Some of these issues are depicted in the documentary film “Last Train to China.” The purpose of this paper is to discuss some of these points that the film brings to light and see how they affect China today. Media
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worthlessness causes serious psychological trauma. Therefore, one can hardly call the country a developed and civilized unless its citizens and each citizen in particular, are unable to support themselves and be useful in society. From all the above we can conclude that the problem of employment and unemployment rate today is a very important issue, as Russia is at the forefront of unemployment among European countries. The purpose of this course work - study and analysis of the problem of unemployment
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PART-1 1. Concept of globalization: Globalization means the coming together of different societies and economies via cross border flow of ideas, finances, capital, information, technologies, goods and services. The cross border assimilation can be social, economic, cultural, or political. But most of the people fear cultural and social assimilation as they believe this would have a negative impact on the existing culture of their society. Globalization therefore has mostly narrowed down to
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