this study investigates the effects of two policies of reducing profit rate and increasing supply of credits on the growth of production in the economic sectors in iran. to achieve the goal, the orani-g computable general equilibrium model was modified tothe present situation of iranian economy. the model was also extended to accommodate the financial sector of the economy. to use the cge model...

The federal government’s debt has increased dramatically in the past few years, and large annual budget deficits will probably continue indefinitely under current laws or policies. If current laws remain unchanged, deficits will total roughly $7 trillion over the next 10 years, the Congressional Budget Office (CBO) projects; if certain policies that are scheduled to expire under current law wer...

In 2004, the federal budget deficit stood at $412 billion and reached 4.5 percent of gross domestic product (GDP). Though not at a record level, the deficit as a fraction of GDP is now the largest since the early 1980s. Moreover, the recent swing from surplus to deficit is the largest since the end of World War II (Figure 1). The flip side of deficit spending is that the amount of government de...

In El Niño developing summer, Northern China shows reduced precipitation. The underlying mechanism is investigated through an analysis on the regional moisture and moist static energy budget. It shown that thermodynamic effect in relation to water vapour changes increases wetness, but it much smaller than dynamic anomalies of atmospheric circulation. anomalous vertical descent term particularly...