Selecting a macroeconomic variable for a country and explaining its Essay

Selecting a macroeconomic variable for a country and explaining its determination using macroeconomics analysis - Essay Example The inflation rates of the country shall be studied over a period of 25 years ending in 2011 inclusive. The selection of the inflation rate of Canada comes in at a very ripe time and with so much significance and importance as global economic experts continue to blame inflation as a major dictate of the world economic climate (Botric and Cota, 2006.). It is therefore anticipated that this study would eventually end up as a guide for economic policy makers within the country to ascertain various ways in which inflation has affected Canada’s economy in times past and how it affects it today so that based on these, they can make prudent economic decisions for Canada in the future, using inflation rates. Dependent variable Inflation is a determining component for the relationship that exists between value and price (Grigorian et al, 2008). Generally, an economy that is growing so fast would see a situation whereby prices of goods are pushed to a protracted time ahead of the prevai ling utility value of goods and services. The rate of which such pushes take place may be defined as inflation (Fischer et al, 1998). Because inflation is likely to distort prices and undermine the market exchange by it creates an unclear relationship between value and price, economists have usually tagged raw inflation as a bad phenomenon. Countries with relatively lower inflations are thus said to be doing economically well than those with higher inflation rates. It is in light of this that most countries have worked towards achieving low inflation rates as against higher inflation rates. The case of Canada’s inflation from 1987 to 2011 is presented in the graphs and charts below. Source: Trading Economics (2013) The scattered graph above gives the trends of inflation rates for Canada in a 25 year period from 1986 to 2011. A tabulated analysis presenting the specific inflation rates on a monthly basis from 1990 to 2006 is also presented below for vivid depiction of the spec ific numbers. Year jan feb mar apr may jun jul aug sep oct nov dec ann 2011 2.3% 2.2% 3.3% 3.3% 3.7% 3.1% 2.7% 3.1% 3.2% 2.9% 2.9% 2.3% 2.9% 2010 1.9% 1.6% 1.4% 1.8% 1.4% 1% 1.8% 1.7% 1.9% 2.4% 2% 2.4% 1.8% 2009 1.1% 1.4% 1.2% 0.4% 0.1% -0.3% -0.9% -0.8% -0.9% 0.1% 1% 1.3% 0.3% 2008 2.2% 1.8% 1.4% 1.7% 2.2% 3.1% 3.4% 3.5% 3.4% 2.6% 2% 1.2% 2.4% 2007 1.1% 2% 2.3% 2.2% 2.2% 2.2% 2.2% 1.7% 2.5% 2.4% 2.5% 2.4% 2.1% 2006 2.8% 2.2% 2.2% 2.4% 2.8% 2.4% 2.3% 2.1% 0.7% 1% 1.4% 1.7% 2% 2005 1.9% 2.1% 2.3% 2.4% 1.6% 1.7% 2% 2.6% 3.2% 2.6% 2% 2.1% 2.2% 2004 1.3% 0.7% 0.8% 1.7% 2.4% 2.5% 2.3% 1.8% 1.8% 2.3% 2.4% 2.1% 1.9% 2003 4.5% 4.7% 4.2% 2.9% 2.8% 2.6% 2.1% 2% 2.2% 1.6% 1.6% 2.1% 2.8% 2002 1.3% 1.4% 1.9% 1.7% 1.1% 1.2% 2.1% 2.5% 2.3% 3.2% 4.4% 3.8% 2.3% 2001 3% 2.9% 2.4% 3.5% 3.9% 3.4% 2.7% 2.8% 2.6% 1.9% 0.6% 0.7% 2.5% 2000 2.2% 2.7% 3% 2.2% 2.4% 2.8% 2.9% 2.6% 2.7% 2.8% 3.2% 3.2% 2.7% 1999 0.7% 0.7% 1% 1.6% 1.5% 1.6% 1.9% 2.1% 2.6% 2.3% 2.2% 2.6% 1.7% 1998 1.1% 1% 1% 0.9% 1.1% 1% 1% 0.9% 0 .7% 1.1% 1.2% 1% 1% 1997 2.2% 2.3% 1.9% 1.7% 1.5% 1.7% 1.7% 1.8% 1.7% 1.5% 0.9% 0.8% 1.6% 1996 1.6% 1.3% 1.5% 1.4% 1.5% 1.5% 1.3% 1.5% 1.5% 1.8% 1.9% 2.2% 1.6% 1995 0.6% 1.9% 2.1% 2.5% 2.9% 2.7% 2.6% 2.2% 2.2% 2.3% 2.1% 1.7% 2.1% 1994 1.3% 0.1% 0.2% 0.2% -0.2% 0% 0.1% 0.1% 0.2% -0.2% -0.1% 0.2% 0.2% 1993 2% 2.4% 1.9% 1.8% 1.9% 1.7% 1.7% 1.8% 1.8% 1.9% 1.9% 1.7% 1.9% 1992 1.6% 1.6% 1.6% 1.7% 1.3% 1.1% 1.2% 1.1% 1.3% 1.6%

Final proposal Essay Example | Topics and Well Written Essays - 1000 words

Final proposal - Essay Example Manchester offers various properties suited for economic development, relocation assistance, financing and tax credits as economic incentives to assist revenue flow in the local region. Especially in difficult economic times, Manchester’s rather liberal assistance and incentive programs will aid in maintaining short-term profitability by avoiding high relocation costs. The provision of demographic and marketing information – This would include elements of consumer behavior and the ethnic/cultural differences to assist in creating workable marketing strategies to increase profitability. The provision of regulatory assistance – This includes assistance in understanding the practical application of rules and laws which are mandated by Manchester to provide information on how best to structure the business to satisfy legal expectations. This could potentially prevent any future liability on behalf of MMK. The provision of various loans – Manchester wants to draw business to its region, thus offering various loans make the environment more suitable in the event of having to borrow additional capital for improvements to the company. The provision of technical assistance – This will help the company to understand how best to incorporate various technologies to make the company more adaptable and flexible to changing market demands. Quality of life is also evident in Manchester, which will be a positive motivational aspect, from a lifestyle perspective, for any international expatriate employees who will be required to assist in developing the new American facility. As expatriate assignments are generally long-term (Mathis & Jackson, 2005), quality educational facilities are available for school-aged children as well as 900 acres of parks, playgrounds, swimming facilities, beaches, and ski regions (ManchesterNH.gov). For managers or