Nevertheless, China lacks the urgency creation in its commercial activities on the importance of indigenous innovation in both the domestic and international markets.
The law of demand states that the higher the costof the good or service, the less people will demand it, while the law of supply states that the higher the price of a commodity, the [...]
However, for it to be sustainable, different policies are employed to ensure that the rate of inflation and unemployment are minimal as the GDP growth rate increases at a rate of 3% annually.
On the other hand, the political system in China is centralized with a vertical structure of government agencies that runs from the central government to the provincial administration and finally to the local governments.
The graph, which is one diagram, will show the relationship between the level of interest on the vertical axis and the degrees of GDP, APE and ASF on the horizontal axis.
Some of this factors are the level of consumption of the country's population, the level of savings and investment and the government's fiscal and monetary policies.
In other words, he is categorical on the fact economists have not lived up to the expectations of the public especially when interpreting trends in economic performance.
Political instability in the country can be traced to the middle of the twentieth century after the assassination of the country's president in the year 1948.
Before the country gained its independence from the British in the 1950sthe economy was oddly distributed with much of the economic activities concentrated on the western regions of the country.
GDP is the measure of the market worth of the output of a given country for a particular period. When GDP is high it suggests that the population of the country in question are spending [...]
As a matter of fact, it can also be referred to as the rate at which the purchasing power of individuals' changes as time goes by. The country is in a stable period of prices [...]
The mammoth economy was however destabilized by the innumerable costs accrued to the first and the second world wars and the great depression in the ninety's.
Unwillingness of Men and Women to Work in Certain Occupations One of the factors that have been cited as a cause of unemployment in UAE is that both men women have not been prepared to [...]
The history of macroeconomic reforms in Chile dates back to the beginning of the 1990s, when the military government initiated the first economic reform.
The policy makers therefore always strive to keep the inflation rate at low levels to minimize the effects of a high inflation rate.
The bottom line of this measure is expected to enable the government make savings on medical care of non-communicable diseases that are directly as a result of smoking and which are compounded by use of [...]
The fourth and last macroeconomics variable is the interest rate prevailing in the economy, which is the measure of the cost of capital.