The impact of consumption and Investment on the GDP in Qatar (1990- Statistics Project

The impact of consumption and Investment on the GDP in Qatar (1990- 2012) - Statistics Project Example The reason for selecting this period of data was the incomplete data for all three variables that could have extended the analysis for the longer period. Moreover, it is important to provide definition of three variables included in the analysis. Net FDI = â€Å"The net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor.† (â€Å"Indicator Queries†). The table indicated the country’s GDP increased significantly from 1994 to 2011 as the lowest value was recorded in 1994 and the maximum value was achieved in 2011. A sharp decline in the country’s GDP was recorded in 2009. Similar trends were observed in other two variables. The country’s exports increased significantly in the year 2011. The third variable ‘net inflows’ also showed a steady growth in the selected period. However, in 2011 a major decline was recorded. The results indicated that the value of adjusted R2 was 0.9871, which implies that the regression model implemented explained 98.71% of the total variations observed in 18 data entries. The regression equation obtained from the analysis indicated that the coefficient of constant, ÃŽ ²0 was 664545798.4126. A high value of constant coefficient suggested that there are other factors that affect the country’s GDP. Referring back to the equation of GDP provided, it could be noted that there are other variables included in the calculation of GDP. The coefficient of slopes obtained from the regression analysis were ÃŽ ²1 = 1.4160 (exports) and ÃŽ ²2 = 3.7452 (FDI net inflow). These values indicated that there is a positive relationship between GDP and exports and GDP and FDI net inflows. The findings reassert that to calculate a country’s GDP the values of investment and exports are added. The results imply that for every $1 increase or decrease in exports the country’s GDP would increase or decrease by $1.4160 respectively.

Discuss Tennessees labor laws and how these laws impact employers and Research Paper

Discuss Tennessees labor laws and how these laws impact employers and employees - Research Paper Example Since then no major changes took place in the current labor laws (Gould 47). The labor laws of the United States of America are mixture of federal and state laws. The labor laws of the US extend limited rights to the employees of federal government. The laws in vogue safeguard the interest of employees irrespective of federal or state laws and regulations. It provides protection to the employees of federal and state against any discrimination based on race, gender, cast, creed and age (Gould 62). The Lawful Employment Act came into being on 1st Jan, 2012 ensuring that all employers hired employees in Tennessee through rigorous selection process and strictly in accordance with the legal parameters (Tennessee: Wage and Hour Laws). Under the mentioned act, employees may take up the matter with the concerned authority for removing the work place employment discrimination and receiving unemployment compensation since it falls under the employment law. Further, employers are responsible to maintain safety and security standards work premises, ensuring fair wages, pre retirement and post retirement benefits etc., being part of legally provided rights (Tennessee: Wage and Hour Laws). Cited laws deal with the employer, employee’s action, legally entrusted rights and responsibilities. The laws in question could be a useful instrumental in maintaining cordial relationship between the employee and the employer (Tennessee: Wage and Hour Laws). Employers Tennessee laws are not bound to provide vacation benefits to the employees. However, if it is a part of approved policy of the employer or part of employment contract, it shall be honored. In approved policy of an employer permits accrued vacation pay to its employees, the company has to fulfill its commitment. An employer may offer its employees utilization of accumulated leave within the