Discussion of the consumer price index.
Term Paper # 122703 |
500 words (
approx. 2 pages ) |
3 sources |
APA | 2008
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$ 10.95
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This paper defines inflation and the consumer price index (CPI) as a measure of inflation in the United States. It further discusses how the CPA measures the price change of a fixed market basket of goods and services of constant quality bought by consumers.
From the Paper
"Inflation is a process of steadily rising prices that results in a steadily diminishing purchasing power for a specified nominal amount of money. Inflation occurs where the increase in price is for a good or service for which there has occurred no substantial change in the characteristics of the good or service that would justify a change in price. (Mankiw) There are many measures of inflation. A well-accepted measure of inflation in the United States is the consumer price index (CPI). The CPI is..."
Tags:consumer, CPI, inflation, fixed market
Reviews the concept and application of the consumer price index.
Analytical Essay # 69633 |
1,150 words (
approx. 4.6 pages ) |
4 sources |
APA | 2003
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$ 23.95
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This paper reviews the concept and application of the consumer price index. It reviews energy price changes for 1993-2002 in relation to the CPI. It looks at how the CPI is used to measure inflation in the United States economy.
Tags:CPI, consumer price index, inflation
Fixed-quantity index
Laspeyres index
A look at the causes of increasing gasoline prices.
Analytical Essay # 140095 |
1,250 words (
approx. 5 pages ) |
0 sources |
APA |
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$ 25.95
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This paper explores why gasoline prices continue to rise with no end in site. Various theories, based on supply and demand are provided. The paper notes that gasoline has become part of the final consumption good, entering the consumer price index (CPI) directly. Additionally, the paper considers the importance of projections for long-term demand of oil in further understanding current and potential future prices.
From the Paper
"Gasoline prices continue to rise with no end in site. This can be explained through the theory of supply and demand as asserted by this researcher. Gasoline has become part of the final consumption good, entering the consumer price index (CPI) directly. Projections for long-term demand of oil depends on the assumptions made about Asia, including the use of motor vehicles, the convergence of actual per capita income, and the shift of production of technologically advanced goods. Projections can by used to determine the relationship between oil demand..."
Tags:economics, gasoline, prices
An examination of the labor statistics for trends including unemployment, age, gender, productivity, hourly rate and Consumer Price Index. Charts.
Essay # 15310 |
900 words (
approx. 3.6 pages ) |
7 sources |
2000
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$ 19.95
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"Labor statistics are compiled by a variety of sources, but most analysts rely on information from the Bureau of Labor Statistics for raw data. From this information, analysis can be conducted on the composition of the American workforce and changes that might be taking place with regard to who is working and how much remuneration they are receiving.
From the Paper
"Labor statistics are compiled by a variety of sources, but most analysts rely on information from the Bureau of Labor Statistics for raw data. From this information, analysis can be conducted on the composition of the American workforce and changes that might be taking place with regard to who is working and how much remuneration they are receiving. By analyzing this information, decisions can be made regarding interest rates (as might be done by the Federal Reserve), investment decisions (as might be undertaken by institutional investors), and wages (as might be performed by business and industry). This research examines labor rates with regard to the period 1989 to 1999 (or 1998 when 1999 information is not available) and considers the reasons for particular trends."
Examines this in global perspective. Discusses the Consumer Price Index, the potential impact of the Euro, "Asian Flu" and the Internet, technical macroeconomic indicators, standardization of products vs. differentiation, Americanization of China and the
Research Paper # 14548 |
3,825 words (
approx. 15.3 pages ) |
18 sources |
1999
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$ 62.95
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In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy.
From the Paper
"THE AMERICAN ECONOMY IN 1999
In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance on traditional economic indicators (Lindsey, 1998, 42)."
A look at the gambling industry in the US.
Term Paper # 148647 |
1,369 words (
approx. 5.5 pages ) |
4 sources |
APA | 2011
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$ 27.95
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This paper presents an overview of the gambling industry in the US, beginning with its history and further showing its economic indicators of success today. Various measures are discussed which directly or indirectly impact the gambling industry. Charts and graphs are used to demonstrate these examples. The paper also considers how the gambling industry affects the overall economy, especially in terms of employment.
Outline:
Industry Overview
Economic Indicators and their Impact on the Gambling Industry
Gross Domestic Product
Unemployment Rate
Inflation Rate (consumer price index)
Personal Income
Interest Rate
Consumer Price Index
From the Paper
"More specific information on the American gambling industry sees that its growth has been due to increases in the population's living standards. The successful outcome of any casino in the United States is directly linked to its ability to conduct efficient operations as well as develop and implement the most suitable marketing strategies. The large players benefit from increased financial and technological resources to sustain revenues and the small size players succeed by addressing local markets. The average income for an employee in the industry is of$90,000 per year. 2008 was market by a 7 percent increase in the industry's operations and revenues, but 2009 reveals pessimistic results due to the internationalized economic crisis. However, a one percent growth is still expected."
Tags:casinos, mafia, Las Vegas, consumer price index
Analyzes the key indicators used for measuring the health of the economy.
Essay # 72102 |
675 words (
approx. 2.7 pages ) |
6 sources |
APA | 2005
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$ 14.95
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This paper evaluates six economic measures (NASDAQ 100, Standard and Poor's 500, Dow Jones Industrial Index, Consumer Price Index, GDP, unemployment rate). Graphs of historic economic performance are included with the paper.
From the Paper
"The NASDAQ is an index of companies traded on the NASDAQ exchange that are considered representative of the exchange as a whole, including domestic and international companies. The following chart illustrates recent performance of the NASDAQ. The Standard Poor (SP) is a composite index compiled by a private company that tracks stocks from both the New York Stock Exchange as well as the NASDAQ. The historical performance of the SP is illustrated below..."
Tags:economics, key economic indicators, CPI, consumer price index, GDP, gross domestic product, unemployment, NYSE Industrial Index, NASDAQ 100, S&P 500
A discussion of how the airline industry impacts major economic indicators.
Essay # 60166 |
1,748 words (
approx. 7 pages ) |
4 sources |
MLA | 2005
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$ 33.95
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This report looks at how economic indicators like the Gross Domestic Product, inflation as measured by the Consumer Price Index, unemployment, capacity utilization, personal income and the actions of the Federal Reserve can be used to observe the true nature of the airline industry's economic woes.
From the Paper
"There is a definite economic crisis coming out of the airline industry. Carriers like American Airlines, Delta, United and Continental continue to operate in the red as issues such as the price of fuel, terrorism and weak world economies continue to hamper the industry's attempts to move into the black. Each of these large United States based carriers have either filed or has considered filing for bankruptcy protection at one time or another in an attempt to rediscover solvency. Of course, many believe that the events surrounding September 11, 2001, where terrorists hijacked several American planes and used them as missiles, is the only reason for the airline industry's current financial predicament. However, throughout the past thirty years, the true dilemma the airline industry has faced can found in economic indicators that show the downturns should be attributed to other economic predictors such as inflation, the United States and world economies, globalization and the very obvious factor of stiff competition. Reduced fairs will never work if the industry faces escalating operating costs."
Tags:gdp, gross, domestic, product, consumer, price, index
A look at Big Drive Auto's business in Poland.
Term Paper # 149680 |
1,603 words (
approx. 6.4 pages ) |
2 sources |
APA | 2011
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$ 31.95
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This paper describes how Big Drive Auto has expanded its market into Poland, presenting an overall picture of the business environment in that nation. First, the paper discusses how Big Drive Auto can further expand its position in Poland. Then, it examines the economic climate there, looking at the impact of the current global financial crisis. Particular attention is also given to the consumer price index. The paper concludes by stating that by using all this macroeconomic data, Big Drive can make important decisions as to how it will position itself with regard to the economic crisis in Poland.
From the Paper
'At the same time, the consumer price index is a good index both of the level of inflation in a country and of the thresholds between which Big Drive can let the prices of its own products fluctuate. If the consumer price index increases by 5 % in a year, for example, it would be a good reason for Big Drive to increase its own prices as well, motivating it with the overall increases of prices in the Polish economy. This will anyhow be a simple hedging measure against the possibility that some of the costs that Big Drive incurs, either through direct investment in Poland or through costs associated to exporting to Poland, might increase as well due to a rise in the consumer prices index.
"The elements mentioned in the first paragraph led to the country's sustained economic growth after the year 2000, especially in 2006 and 2007, when the country's GDP grew with 6.2 and 6.8 % respectively . This period of economic growth could also be translated in terms of the private consumption that grew at a regular pace..."
Tags:market economy, consumer price index, economic recession, promotion campaigns
A comprehensive analysis of changes in sales revenues and profits in the U.S. pharmaceutical industry from 1980-2000. It includes several original graphs based on relevant statistics.
Essay # 52680 |
1,524 words (
approx. 6.1 pages ) |
11 sources |
APA | 2002
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$ 30.95
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This paper analyzes how changes in sales revenues and profits in the pharmaceutical industry are related to the business cycle with regards to the gross domestic product, consumer price index, and unemployment rate from 1980-2000. The following guidelines were followed: 1) analysis of the pharmaceutical industry and finding revenues and profits from the period of 1980-2000; 2) how revenues and profits in the industry varied over the period 1980-2000; 3) how the business cycle behaved over the period of 1980-2000; 4) variations in revenues and profits with swings in the business cycle and the juxtaposition of industry revenues and profits against the business cycle;and 5) strategies recommended for firms in the industry dealing with the business cycle. A summary is provided in the conclusion. Several original graphs are also included.
From the Paper
"One expert suggests the modern pharmaceutical industry began in the 19th century with the discovery of highly active medicinal compounds that could most efficiently be manufactured on a large scale. As these compounds replaced herbal medicines of earlier times, the occurrence and severity of such diseases as pernicious anemia, rheumatic fever, typhoid fever, lobar pneumonia, poliomyelitis, syphilis, and tuberculosis were greatly reduced. Pharmaceutical industry research has greatly aided medical progress; of the 66 most valuable drugs introduced since aspirin in 1899, 57 were discovered and then produced in industrial laboratories (Atherton, 2002). Today, the pharmaceutical industry is comprised of the processes, operations, and organizations engaged in development and manufacture of drugs and medications (Atherton, 2002). In the U.S., the pharmaceutical industry is followed by the Standard & Poor 500 (S&P 500)."
Tags:consumer, domestic, gdp, gross, housing, index, inflation, interest, medicine, national, pneumonia, poliomyelitis, price, product, rate, rates, retail, starts, syphilis, tuberculosis