Sentences with phrase «current economic output»

The output gap — the difference between current economic output and the estimated level that would stoke inflation — will now close in mid-2018, «materially later» than previously thought, the statement said.

Not exact matches

It's important to understand that the USCI isn't a random concoction of data, but rather the gold standard for measuring current economic growth, as it summarizes the key coincident economic indicators used to determine the official start and end dates of U.S. recessions; namely, the broad measures of output, employment, income and sales.

According to figures from the World Bank, the Chinese economy's carbon intensity — the amount of CO2 emissions relative to the size of economic output — has decreased by almost 70 per cent over the past three decades (see «Peak planet: Carbon dioxide intensity «-RRB-, and a further 20 per cent reduction from current levels is promised by 2020.

Included in the PowerPoint: Macroeconomic Objectives (AS Level) a) Aggregate Demand (AD) and Aggregate Supply (AS) analysis - the shape and determinants of AD and AS curves; AD = C+I+G + (X-M)- the distinction between a movement along and a shift in AD and AS - the interaction of AD and AS and the determination of the level of output, prices and employment b) Inflation - the definition of inflation; degrees of inflation and the measurement of inflation; deflation and disinflation - the distinction between money values and real data - the cause of inflation (cost - push and demand - pull inflation)- the consequences of inflation c) Balance of payments - the components of the balance of payments accounts (using the IMF / OECD definition): current account; capital and financial account; balancing item - meaning of balance of payments equilibrium and disequilibrium - causes of balance of payments disequilibrium in each component of the accounts - consequences of balance of payments disequilibrium on domestic and external economy d) Exchange rates - definitions and measurement of exchange rates - nominal, real, trade - weighted exchange rates - the determination of exchange rates - floating, fixed, managed float - the factors underlying changes in exchange rates - the effects of changing exchange rates on the domestic and external economy using AD, Marshall - Lerner and J curve analysis - depreciation / appreciation - devaluation / revaluation e) The Terms of Trade - the measurement of the terms of trade - causes of the changes in the terms of trade - the impact of changes in the terms of trade f) Principles of Absolute and comparative advantage - the distinction between absolute and comparative advantage - free trade area, customs union, monetary union, full economic union - trade creation and trade diversion - the benefits of free trade, including the trading possibility curve g) Protectionism - the meaning of protectionism in the context of international trade - different methods of protection and their impact, for example, tariffs, import duties and quotas, export subsidies, embargoes, voluntary export restraints (VERs) and excessive administrative burdens («red tape»)- the arguments in favor of protectionism This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.

Two generations ago, the country had the economic output of Afghanistan today and ranked 24th in education output among the current 30 OECD countries.

Emerging countries contribute about 33 % of the world's total economic output (in nominal current terms), yet they account for just 14 % of the world's total market capitalization as measured by the MSCI All Country World (ACWI) index.

A 2014 IEA report concluded, «The uptake of economically viable energy efficiency investments has the potential to boost cumulative economic output through 2035 by $ 18 trillion,» which is larger than the current size of the U.S. economy.

The IEA found that «the uptake of economically viable energy efficiency investments has the potential to boost cumulative economic output through 2035 by USD 18 trillion,» which is larger than the current size of the U.S. economy!