Economic Growth Assignment Example | Topics and Well Written Essays - 1500 words

Economic Growth - Assignment Example The per capita income of Cuba is greater than that of Brazil and that explains the reason behind high openness in Cuba as compared with Brazil. This confirms and justifies the correlation coefficient above. This pattern is experienced across most country used in the study. The coefficient 3785.376 is the constant. In interpreting the regression coefficient; an increase in per capita by one unit will result to increase in openness by 52.10041. This supports the earlier correlation results that showed that openness and per capita income exhibit a positive relation across the countries in 2005. However, the correlation and regression gives general conclusions. The fact is that several open countries have high level of income compared to their closed counterparts. Open economies have fewer difficulties in servicing external liabilities, and inadequate incentive to break a promise on external debt, hence making a turnaround in capital flows less likely. The scatter plot below also indicate a similar scenario The regression line is represented by Y=8.886187 + 0.402627X where Y is the level of domestic savings and X is the level of domestic investment. An increase in investment by investment by one unit will increase the level of domestic savings by 0.402627 units. The correlation and regression results show the general relationship that can be deduced from the analysis of the available data. However, some specific relationship can be also be deduced from the data. Out of 110 countries that had no domestic investment, 63 of them had no domestic savings. For example, Liberia, Libya, St. Lucia, Liechtenstein among others had no domestic levels in 2005, and their resultant domestic savings were also zero. However, some countries like Kuwait had zero domestic investment with 57.04595947 savings rate. This shows that domestic savings are not solely influenced by the level of domestic investments in the economy but other factors such as government

Media and Government Assignment Example | Topics and Well Written Essays - 250 words - 1

Media and Government - Assignment Example The companies moved away from publishing sexually sensitive paper with images of masculine men and half-naked women. They adopted a new policy that aimed at penetrating the whole market. The periodicals majored on stories of interest such as celebrity stories and general stories about fashion. In addition, they provided information on current happenings. In order to make the magazines attractive, the companies printed the publications on high-grade glossy papers. Fejes argument on gays and lesbian spending habits is still valid today. Majority of them spend a tremendous amount of cash on classy and sophisticated products in the market. They embrace new products and, as a result, producers and marketers exploit this. The auto industry is a perfect example of the industry that has realized this and works hard to satisfy gay consumers’ needs. Subaru is one of the companies that has successful exploited gays’ desire for classy products. This company has designed an expensive gay-friendly car. The fact that the vehicle is gay-friendly alone does not improve sales. Thus, the company has invested in advertising their new arrival in gay periodicals such as Advocate and Out. The sales returns are encouraging with the Subaru company claiming that gay men are 18 timely more likely to afford and own this car than other