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A main use of input–output analysis is to measure the economic impacts of events as well as public investments or programs as shown by IMPLAN and Regional Input–Output Modeling System. It is also used to identify economically related industry clusters and also so-called "key" or "target" industries (industries that are most likely to ...
An economic impact analysis only covers specific types of economic activity. Some social impacts that affect a region's quality of life, such as safety and pollution, may be analyzed as part of a social impact assessment, but not an economic impact analysis, even if the economic value of those factors could be quantified. [2]
For example, in the IS-LM graph shown here, the IS curve shows the amount of the dependent variable spending (Y) as a function of the independent variable the interest rate (i), while the LM curve shows the value of the dependent variable, the interest rate, that equilibrates the money market as a function of the independent variable income ...
They are produced by the Bureau of Economic Analysis of the Department of Commerce. They are one of the main sources of data on general economic activity in the United States. They use double-entry accounting to report the monetary value and sources of output produced in the country and the distribution of incomes that production generates ...
The origins of the International Price Program (IPP) can be traced to a 1961 report on Federal Price Statistics prepared by the National Bureau of Economic Research.The report for Congress' Joint Economic Committee suggested that indexes be assigned to a federal statistical agency "to obtain the attention and resources for these indexes that we believe are essential."
China's push to shift its food import sources since 2018 has put it in a better position to impose tit-for-tat tariffs on U.S. farm goods with less harm to its food security if trade friction with ...
Since the trade balance (exports minus imports) is generally the biggest determinant of the current account surplus or deficit, the current account balance often displays a cyclical trend. During a strong economic expansion, import volumes typically surge; if exports are unable to grow at the same rate, the current account deficit will widen.
The NBA and commissioner Adam Silver were eager to make changes to the All-Star Game after last year's contest wasn't very competitive and finished with a final score of 211-186.