Economic Statistics Essay, Research Paper
1. Traffic Congestion
If a city council faces severe problems with traffic congestion, a knowledge will benefit all parties. It is this I will debate in the lines to come. When traffic is a problem in a city, all sorts of means of transportation can be included, but it is mainly cars which seem to be the problem. Therefor raising gasolin prices (by putting an extra tax on them) should instinctively reduce car usage, seeing that costs for the driver would go up. This is though only the case, if demand for gasolin is inelastic (fig. 1). Here a tax on gasoling has moved the supply curve to S2 and the price to P2, which has lead the quantity demanded from Q to Q2. The difference between Q and Q2 is the essential of the diagram, and it is clear that there has only been a very little decrease in quantity demanded. On fig. 2 demand is elastic, and again a tax on gasolin has been introduced, moving the supply curve to S2 and incresing the price to P2, which then has decreased the quantity demanded to Q2. Here the difference on quantity is great.
It is now easy to conclude that if demand for gasolin is inelastic, almost the same will be bought, and there will be hardly any decrease in traffic congestion. If demand is elastic, quantity demanded will go down and so will caruse in general leading to a fall in traffic congestion in the city centre.
3. Gondomar and Bayona
If maximum growth rate is a desired goal, the proportion a country spends on consumer goods or investment is highly relevant. In the following I will outline the differences between the two countries Bayona and Gondomar.
Gondomar has chosen to have a high proportion of its N.I. spend on investment. If this investment goes into factories and businesses, the investment could turn out to benefit Gondomar in a very positive way. N.I. will go up, and therefor the average GDP pr head will go up as well. This leads to better standard of living. Drawbacks which must also be kept in mind is worsening of nature, pollution, and other external social costs the society will have to live under. Bayonas approach is much more passive, in the sense that she does not strive to achieve growth in the same way as Gondomar. The spending on money here is mainly spend on consumption, which means the economy is more focused on import. If relatively is being produced, N.I. will go down and standards of living will go with it.
Overall it is clear that a policy which focuses on investment rather than consumption, is more likely to benefit on long terms.
4. National Income
Several problems occur when trying to meassure national income. Even if many factors have to be considered before arriving at a result.
The first problem which comes to mind, when considering problems, is the fact that the data collected could easily be unexact. For example is there a very large informal sector in many underdevoped countries. This informal sector includes everything from theft to prostetution. All of this activity is very difficult to anthing but an estimate of. The informal sector does not include farmers providing for themselves, but this is also unrecorded, and should not be left out, when calculating N.I. Meassuring bread which is sold, is realtively easy, while services and certain commodities, usually within the public sector, do not have a price. Here productivity will tend more to an estimate, than an excact value, when adding this number up to N.I. Finnally when the N.I. has been added up, there is a final problem. N.I. is usually only helpful when used to compare with other countries economy, and therefor the various N.I.’s have to be exchanged on paper to a common currency (usually the dollar) for better comparison. Here the value of N.I. will natuurally vary according to the exchange rate, and not the productivity.
Concludingly, it should be stated that all of the above vritirias should be met when calculating N.I. if a correct figure is desired.
Другие работы по теме:
Archemides Essay Research Paper Archemides
Archemides Essay, Research Paper Archemides Archimedis was born in 287 BC. We also know that Archimedes died in 212 BC at the age of 75 in Syracuse. It is said that a Roman soldier, who was offended by Achimedes, while the Romans seized Syracuse, killed him. Archimedes had a wide variety of interests, which included encompassing, statistics, hydrostatics, optics, astronomy, engineering, geometry, and arithmetic.
Garrett Morgan Essay Research Paper He lived
Garrett Morgan Essay, Research Paper He lived from (1875-1963). I chose this person because I liked his name and he sounded very interesting. He was born in Paris, Kentucky on March 4, 1875. He was the seventh of eleven children in his family. He has a degree in Traffic Engineering. In 1913, Morgan developed a process that could straighten hair.
Drunk Driving Essay Research Paper Can you
Drunk Driving Essay, Research Paper Can you imagine been a parent and knowing the you will never see you kid alive because some one decided to have to much to drink and then trying to drive. In the USthere were 41,471 traffic deaths in 1998 and 15,935 deaths were caused by drunk drivers. There were 1,393 traffic deaths in Illinois alone. 599 deaths caused by people who tried to drive when they were drunk.
Capitalism And Communism Essay Research Paper Capitalism
Capitalism And Communism Essay, Research Paper Capitalism and Communism are two totally different economic systems. Capitalism is a much better economic system than Communism. Capitalism is an economic system characterized by freedom of the market and is the economic system where you do not have freedom because the government will make most of your decisions for you.
Secondary Education Essay Research Paper For many
Secondary Education Essay, Research Paper For many skilled workers who are in the work force, the question of continuing education is always on their minds. Should they pursue secondary education? Is it too late? Will they have time and resources? Do the rewards worth the efforts? In today’s competitive working environment, it is an essential for job seeker to have a solid education background.
Statistics Essay Research Paper 1From the reading
Statistics Essay, Research Paper From the reading that I?ve been doing on polling it seems that everything has some effect on the results. It seems like most of the polling biases come from the question and the questioner. If the question leads you to think about something else, whether it be positive or negative, it can change the results of the answer.
Economic Agricultural Statistics Essay Research Paper Essay
Economic Agricultural Statistics Essay, Research Paper Essay #1: Agricultural Historical Statistics of the US When trying to come up with a good estimate for items such as total number of farms, average value of land per acre, and total farm population, the US Bureau of the Census had a rather arduous task of defining what is meant by the word ?farm.?
Criminal Justice Essay Research Paper The two
Criminal Justice Essay, Research Paper The two vehicle stops were made for different reasons. The first vehicle, the white Toyota Camry, was stopped because it fit the description of a vehicle that
Speed Limits Essay Research Paper Imagine driving
Speed Limits Essay, Research Paper Imagine driving on I-75 as cars race by you at a blink of an eye. You are driving 60 miles per hour, the speed limit; they must be doing 100 miles per hour or more. This is not an illusion; this is the reality of driving on a highway. Believe it, it happens everyday. Cars race down the road at uncontrollable speeds that cause tickets, accidents, and sadly death.
Gandhi Economic Freedom And Politics Essay Research
Paper Economic means are often used to achieve political goals. There are some situations in which economic action has been used to achieve a political goal. One of these actions is the boycott of British goods led by Mohandas Gandhi.
Bc Speech Assignment Essay Research Paper Research
Bc Speech Assignment Essay, Research Paper Research Assignment #4 Your fourth speech is a research-based persuasive speech. Since your primary goal will be to convince your audience to take a specific action your research burden is higher. Your research is due via email on the date listed on your course schedule.
Drivers Essay Research Paper DriversDrivers come in
Drivers Essay, Research Paper Drivers Drivers come in many different types, and each has their own characteristics. When driving on the road, one can experience several different kinds of drivers which can be divided into three major categories: bad drivers, good drivers and ugly drivers.
Britain And France Essay Research Paper Britain
Britain And France Essay, Research Paper Britain and France remained leading powers in Western Europe as Spain and the United Netherlands declined because these two countries gained so much power and economic strength. France possessed the largest European population during this time. It also had wiser political leadership, economic recovery and consolidation, and a less ambitious foreign policy.
Tobacco Essay Research Paper Tobacco Products Must
Tobacco Essay, Research Paper Tobacco Products Must Be Illegal How is it possible for something that kills so many people to be legal in a country that boasts the supreme protection of it?s citizens?
Traffic Essay Research Paper Questions to Consider2
Traffic Essay, Research Paper Questions to Consider 2. You are the city manager of a medium sized city. In an effort to reduce traffic congestion and improve air quality, you encourage workers to form car pools or choose other alternative ways of traveling to work. What kind of incentives might be effective for getting people to change their habits?
Texas Cattle Drives Essay Research Paper Cattle
Texas Cattle Drives Essay, Research Paper Cattle drives are the stuff of legend. From 1866 to 1890, the heyday of cattle trails saw what was then an enormous amount of traffic. More than one and a half million Texas cattle were essentially “walked to market,” even after the railroads were built.
Real Estate Essay Research Paper Mathematics
Real Estate Essay, Research Paper Mathematics ? Knowledge of numbers, their operations, and interrelationships including arithmetic, algebra, geometry, calculus, statistics, and their applications
My Traffic Accident Essay Research Paper My
My Traffic Accident Essay, Research Paper My traffic accident. It was just an other rainy day. I was going to the mall with my brother to get some batteries for his toy cars. As I was walking out of the door my mother said Drive carefully son it s awfully slippery out their , in her kind and gentle voice.I ignored her like always but just replied, Yes mother I will! After buying some energizer batteries from the mall we headed back home.
Double Standard Essay Research Paper Double StandardAs
Double Standard Essay, Research Paper Double Standard As a traffic engineer, I am obviously more qualified to be operating a moving vehicle than anyone else on the road. After all, I know the proper term for those little sparkly things that they glue to the pavement: bidirectional amber reflectorized pavement markers.
Economic Growth
& Development Essay, Research Paper To contemplate this question we must first address the accepted definitions of these terms. According to Alan Glanville, economic growth is defined as ‘the increase in a country’s output over time, that is an increase in its national income’,1 whereas economic development is ‘a much broader concept,’ loosely defined as involving ‘involving non-economic and quite often intangible improvements in standards of living’.
Economic Growth Essay Research Paper Economic Growthin
Economic Growth Essay, Research Paper Economic Growth in the United States Economic growth can be defined as increases in per capita real GDP (gross domestic product) measured by its rate of change per year. Growth rates are very important because even a small change can make vast difference in the coming years.
Firewalls Essay Research Paper The term firewall
Firewalls Essay, Research Paper The term firewall has seen limited use since the late 1980s to describe a device to block unwanted network traffic while allowing other traffic to pass. The first published description of a “modern” firewall including use of that name was in ‘Practical Unix Security’ written in 1990 and published in 1991.
Aids In Africa Essay Research Paper Dear
Aids In Africa Essay, Research Paper Dear, Dr. Feedlebom of ?Conspiracies and Cover ups? magazine. I would like to share with you some information concerning the Aids epidemic in Africa. HIV, which causes
Token Vs Ethernet Essay Research Paper Well
Token Vs Ethernet Essay, Research Paper Well, now I feel confused about this whole situation. I started taking classes part time at BU about five years ago. I took two networking classes, Network hardware and Network management. I didn?t transfer my credits to um because the technology had changed so fast, and I wanted to learn the newest technology.