econlife on ‘Macroeconomic Measurement’

A yardstick of economic growth, macroeconomic measurement relates to many different statistics like the Gross Domestic Product, the Consumer Price index, the unemployment rate and even the Gross Domestic Happiness. Econlife looks at macroeconomic yardsticks to measure economies.

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    How Do You Disconnect the Internet?

    Feb 13, 11 • 115 Views • Businesses, Developing Economies, Macroeconomic Measurement, RegulationNo Comments

    As a Vodafone New Zealand customer, events in Egypt directed affected you. With a Cairo based call center that had to be closed, Vodafone said that people needing assistance waited 7 or 8 minutes for service that was directed elsewhere. According to The New...

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    A Budget Cut Mirage

    Feb 12, 11 • 121 Views • Economic Debates, Government, Macroeconomic MeasurementNo Comments

    Reacting to concern about the federal deficit, the Republican leadership seems to be targeting $100 billion in discretionary spending cuts. Similarly, for his fiscal 2012 budget, President Obama recommends a 5-year freeze on non-security discretionary...

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    The Right Stuff

    Feb 10, 11 • 115 Views • Government, Households, Innovation, Labor, Macroeconomic MeasurementNo Comments

    Giving a grade of “One Pinocchio,” the Washington Post assessed the accuracy of President Obama’s February 7, 2011 speech to the U.S. Chamber of Commerce. Most interesting, though, were the topics on which he focused. Yes, President Obama...

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    Unemployment Questions

    Feb 6, 11 • 95 Views • Households, Labor, Macroeconomic MeasurementNo Comments

    Friday’s employment report had good news and bad news. There was considerably less unemployment and considerably less job creation. Moving from 9.4% to 9%, the unemployment rate decreased more than most people expected. However, the job creation number,...

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    Military Business

    Feb 5, 11 • 119 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Economic History, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Choosing between “guns and butter” (or missiles and margarine), national leaders think of the military for guns and the private sector for “butter.” Not Egypt, though. As far back as the 1970s, when peace with Israel meant less to do...