CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period...

25

Transcript of CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period...

Page 1: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple
Page 2: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

i

CONFERENCE

PROCEEDINGS

BOOK OF ABSTRACT

BESSH-2016

International Conference on

“Business Economics, Social Science & Humanities”

(BESSH-2016), Singapore

Page 3: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

ii

Book of Abstracts Proceedings

International Conference on

“BUSINESS ECONOMICS, SOCIAL SCIENCE &

HUMANITIES”

(BESSH-2016)

Singapore

Office Address: Academic Fora

125 Jalan Setia 5, Jinjang Utara 52000

Kuala Laumpur Malaysia

Contact: +6 0 362 528131

Email: [email protected]

Page 4: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

iii

All rights reserved. No part of this publication maybe

reproduced, stored in a retrieval system, or transmitted in

any form or by any means, electronic, mechanical,

photocopying, recording or otherwise, without the prior

written permission of the publisher. Applications for the

copyright holder’s written permission to produce any

part of this publication should be addressed to the

publisher.

Proceedings of the International Conference on

“Business Economics, Social Science & Humanities

(BESSH-2016)”

ISBN: 978-969-670-276-4

Disclaimer

Every reasonable effort has been made to ensure that the

material in this book is true, correct, complete, and

appropriate at the time of writing. Nevertheless the

publishers, the editors, and the authors do not accept

responsibility for any omission or error, or for any

injury, damage, lose, or financial consequences arising

from the use of the book. The views expressed by the

contributors do not necessarily reflect those of the

Academic fora.

Page 5: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

iv

TABLE OF CONTENTS

ORGANIZING COMMITTEE ................................................................ V

CONFERENCE CHAIR MESSAGE ..................................................... VI

CONFERENCE PROGRAM ................................................................ VII

LIST OF CONFERENCE ATTENDEES ................................................ X

TRACK A: BUSINESS MANAGEMENT & ECONOMICS ................ 12

1. THE SOUTH CHINA SEA DISPUTE, AS THE THEATER OF AN

EMERGING PROXY CONFLICT ..................................................... 13

2. FUEL TAXATION: A COMPARATIVE EXAMINATION OF TURKEY, EU AND OECD COUNTRIES ........................................ 14

3. THE SHARE OF HEALTH TOURISM AMONG AGGREGATE TOURISM INCOME: TURKEY CASE............................................. 15

4. THE RELATION BETWEEN INFLATION AND ECONOMIC GROWTH IN REPUBLIC OF MACEDONIA .................................. 16

TRACK B: SOCIAL SCIENCES & HUMANITIES ............................. 17

5. THE LEGAL STATUS OF SYRIAN REFUGEES IN TURKEY, IN THE SHADOW OF THE GEOGRAPHICAL LIMITATION ........... 18

6. AN INTELLECTUAL DISCOURSE ONMISREPRESENTATION OF GHANAIAN CULTURAL ELEMENTS IN AKAN FILMS ....... 19

TRACK C: ENGINEERING & TECHNOLOGY ................................. 20

7. DOCUMENT OVERLAPPING CLUSTERING USING FORMAL CONCEPT ANALYSIS ...................................................................... 21

FUTURE EVENTS ................................................................................... 22

Page 6: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

v

International Conference on

“Business Economics, Social Science & Humanities

Singapore

Venue: Hotel Grand Pacific Singapore

ORGANIZING COMMITTEE

1. Dr. Silvia C. Ambag

Conference chair

Email: [email protected]

2. Ms. Ani Wahyu

Conference coordinator

Email: [email protected]

3. Mr. Leon Yap

Conference coordinator

Email: [email protected]

4. Mr. Metha Shahi

Conference Coordinator

Email: [email protected]

5. Ms. Petrel Qui

Conference Coordinator

Email: [email protected]

Page 7: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

vi

CONFERENCE CHAIR MESSAGE

Dr. Silvia C. Ambag

International Conference on Business Economic, Social

Science & Humanities” serves as platform that aims to help

the scholarly community across nations to explore the critical

role of multidisciplinary innovations for sustainability and

growth of human societies. This conference provides

opportunity to the academicians, practitioners, scientists, and

scholars from across various disciplines to discuss avenues for

interdisciplinary innovations and identify effective ways to

address the challenges faced by our societies globally. The

research ideas and studies that we received for this conference

are very promising, unique, and impactful. I believe these

studies have the potential to address key challenges in various

sub-domains of social sciences and applied sciences.

I am really thankful to our honourable scientific and review

committee for spending much of their time in reviewing the

papers for this event. I am also thankful to all the participants

for being here with us to create an environment of knowledge

sharing and learning. We the scholars of this world belong to

the elite educated class of this society and we owe a lot to

return back to this society. Let’s break all the discriminating

barriers and get free from all minor affiliations. Let’s

contribute even a little or single step for betterment of society

and welfare of humanity to bring prosperity, peace and

harmony in this world. Stay blessed.

Thank you.

Dr. Silvia C. Ambag

Conference chair

Email: [email protected]

BESSH-2016

Page 8: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

vii

CONFERENCE PROGRAM

DAY 01 Friday (March 11, 2016)

Welcome Reception & Registration

9:00– 9:30 am

Opening Ceremony (9:30 – 10:00 am)

Venue: Room 1

09:30 – 9:40 am Introduction of Participants

09:40 – 9:50 am

Welcome remarks – Mr Leon Yap–Conference coordinator

Academic Fora

09:50 – 10:00 am Group Photo Session

Grand Networking Session and Tea Break (10:00- 10:30 am)

Page 9: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

viii

DAY 01 Friday (March 11, 2016) Session 1 (10:30 – 12:00 pm)

Venue: Room 1

Session Chair: Leon Yap

Track A: Business, Economics, Social Sciences & Humanities

SGS-236-107 An Intellectual Discourse on Misrepresentation of

Ghanaian Cultural Elements in Akan Films Steve Kquofi

SGS-236-110 The South China Sea Dispute, as the Theater of an

Emerging Proxy Conflict. Csaba Barnabas Horvath

SGS-236-111 Fuel Taxation: A Comparative Examination of

Turkey, EU and OECD Countries Cevat Tosun

SGS-236-123 The Relation between Inflation And Economic

Growth In Republic Of Macedonia ElsanaAqifi

Lunch Break: (12:00-01:00pm)

Page 10: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

ix

DAY 01 Friday (March 11, 2016) Session 1 (01:00 – 02:30 pm)

Venue: Room 1

Session Chair: Leon Yap

Track B: Engineering & Technology Study

SGE-236-101 Document Overlapping Clustering Using Formal Concept

Analysis

Eric Jui-Lin Lu

Track A: Business, Economics, Social Sciences & Humanities

SGS-236-118 The Share of Health Tourism among Aggregate

Tourism Income: Turkey Case

Mehmet Gozlu

SGS-236-119 The Legal Status of Syrian Refugees in Turkey, in

the Shadow of the Geographical Limitation

Ozlem Pehlivan

Closing Ceremony

Page 11: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

x

LIST OF CONFERENCE ATTENDEES

The following Scholars/ practitioners/educationist who don’t have any paper presentation, however they

will attending the conference as delegates & observers.

Sr.no Official ID Name Affiliation Details

1

SGS-236-111A

Onur Uçar

Hacettepe University, Turkey

2

SGE-236-101A

Ya Wen Cheng

Department of Management Information

Systems, National Chung Hsing

University,Taichung , Taiwan

Page 12: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

xi

DAY 02 Saturday (March 12, 2016) City Tour and Shopping Day

All participants will be free to carry on their own tourism and

shopping activities in Singapore it’s a free day for this purpose

Page 13: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

12

TRACK A: BUSINESS MANAGEMENT &

ECONOMICS

Page 14: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

13

The South China Sea Dispute, as the Theater of an

Emerging Proxy Conflict

Csaba Barnabas Horvath*

Pazmany Peter Catholic University, Budapest, Hungary

Abstract

My paper is about to analyze the dynamics of the South China

Sea dispute in the scope of the proxy-factor. The increasing involvement of

the USA, Japan, India and Australia on behalf of especially the Philippines

and Vietnam increasingly gives the dispute shades of a proxy conflict

between these far away powers and China. This is especially interesting in

the scope of the increasing quadrilateral cooperation between the USA,

India, Japan and Australia. These circumstances could make the South

China Sea as a proxy theater between these four countries and China.

Among the four countries, my paper is especially focusing on the role of the

two Asian ones, India and Japan, and among international trends, the

increasing cooperation between the USA and Vietnam, India and Vietnam,

the Philippines and Japan, and the Philippines and the USA.

Keywords: South China Sea, Proxy Conflict, Geopolitics, Quadrilateral

Security Dialogue, China, Vietnam, Phipippines, USA, India, Japan,

Australia

*All correspondence related to this article should be directed to Csaba Barnabas

Horvath from Pazmany Peter Catholic University, Budapest, Hungary Email: [email protected]

Page 15: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

14

Fuel Taxation: A Comparative Examination of Turkey,

EU and OECD Countries

Cevat Tosun1*

, Onur Uçar2, Necmiddin Bağdadioğlum

3, Ahmet

Burçin Yereli4

1,2,3,4Hacettepe University, Turkey

Abstract

This study aims to compare the ways in which the fuel is taxed in

Turkey, EU and OECD countries. Approximately 85% of the total

centralized government budget revenue consists of taxes in Turkey. The

share of indirect taxes in tax revenues is around 70% and the Special

Consumption Tax as a kind of indirect tax corresponds to approximately

65% of the total indirect tax revenues. The taxes on fuel constitute the

largest part with 50% of the Special Consumption Tax. The fuel

consumption in Turkey is important since it not only creates a crucial

revenue for the centralized government as Value Added Tax known as

general consumption tax collected through fuel consumption, but also

causes a heavy tax burden on Turkish tax payers. As a candidate country

Turkey is expected to align her tax system with the EU's aquis

communituare. Comparison with the OECD countries gives important clues

about Turkey's position about the fuel taxation in general. In the lights of

findings, the study provides applicable policy suggestions for possible

revisions in fuel taxation in Turkey.

Keywords: Turkey, EU, OECD, Fuel Taxation

*All correspondence related to this article should be directed to Cevat Tosun from

Hacettepe University, Turkey

Email: [email protected]

Page 16: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

15

The Share of Health Tourism among Aggregate Tourism

Income: Turkey Case

Mehmet Gozlu1*

, Onur Koyuncu2

1,2Hacettepe University, Turkey

Abstract

Recent decades has seen Turkey as a new center of attraction for

health tourism. In link with the specific targets for health tourism income

set by the government, this study aims to identify the share of health

tourism income among aggregate national tourism income. In addition, the

effect of health tourism income on aggregate tourism income is estimated

via predictions for the future. The data is extracted from the Turkish

Statistical Institute (TURKSTAT) database. The share of health tourism

income in aggregate tourism income is estimated by regression analysis.

Then forecasting techniques are applied for future predictions. The main

expectation is an increase in share for Turkey who pays more and more

emphasis to health tourism and provides new inter-industry action plans on

health tourism.

Keywords: Health Tourism, Tourism Income, Forecasting in Health

Tourism of Turkey

*All correspondence related to this article should be directed to Mehmet Gozlu from

Hacettepe University, Turkey Email: [email protected]

Page 17: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

16

The Relation between Inflation and Economic Growth in

Republic of Macedonia

ElsanaAqifi*

State university of Tetovo, Macedonia

Abstract

Currently the goal of every developing country is to achieve a

sustainable economic development. One of the prerequisites of economic

growth is macroeconomic stability. Among the different opinions from

different schools related to macroeconomic stability, the main indicators of

macroeconomic stability are inflation, unemployment, balance of payments

and increased output. Any deterioration of these variables lead to

macroeconomic instability. (Shiferaw, 2012). Therefore, the importance of

these macroeconomic indicators, the purpose of this paper is to show the

relation and impact of inflation on economic growth in the Republic of

Macedonia for the period 1994 - 2013. To show its influence on economic

growth and inflation is used multiple regression with OLS method. The

results indicate a positive relationship between inflation and economic

growth during this period.

Keywords: Macroeconomic Issues, Inflation, Economic Growth, Relation

*All correspondence related to this article should be directed to ElsanaAqifi, State

university of Tetovo, Macedonia Email: [email protected]

Page 18: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

17

TRACK B: SOCIAL SCIENCES & HUMANITIES

Page 19: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

18

The Legal Status of Syrian Refugees in Turkey, in the

Shadow of the Geographical Limitation

Ozlem Pehlivan* Hacettepe University, Turkey

Abstract

Turkey always engages in migration. Turkey is a transit country

for migration due to her geographic location. Turkey has faced multiple

refugee flows from East (Middle East, Asia, Africa) and, as well as, West

(Balkans, Europe). Turkey is always unwilling to admit refugees from East.

In recent years, owing to interstate and intrastate wars in her near region,

Turkey meets refugee influxes. But, Turkey resrved a geographic limitation

to the Geneva Convention on the Status of Refugees (1951 Convention) and

its 1967 Protocol, and do not accept refugees from countries which are not

member of the Council of Europe. Therefore, Iraqis, Afghans, Syrians, who

escape from war in her/his country, in Turkey cannot get refugee status.

Civil war in Syria caused a mass migration to Turkey. Now, Turkey is

hosting 2-2,5 million Syrians. While maintaining geographical limitation,

which legal status is given by Turkey to those people? The answer is very

important because the legal status grants rights to Syrians and gives

responsibilities and obligations to Turkey. For the purpose of carrying out

the migration process and carrying through the conceptual confusion, the

need of legislation for Turkey increased. Turkey made the Law on

Foreigners and International Protection (LFIP) in 2013. And now, Syrians

are granted a temporary protection in accordance with Article 91/1 of this

law. Turkey provides three basic elements of temporary protection to

Syrians. These are; open-door policy, non-refoulement principle, providing

basic and urgent needs. Article 4 of the LFIP guarantees non-refoulement to

Syrians. But, their stay, exit, rights and obligations are not certain.

According to Article 91/2, these issues will be determined by a directive

which will be issued by the Council of Ministers.

Keywords: Turkey, Syrian Refugees, Temporary Protection

*All correspondence related to this article should be directed to Ozlem Pehlivan from

Hacettepe University, Turkey Email: [email protected]

Page 20: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

19

An Intellectual Discourse Onmisrepresentation of

Ghanaian Cultural Elements in Akan Films

Steve Kquofi1*

, Croffie KojoGodfred2

1,2Department of General Art Studies, Faculty of Art

Kwame Nkrumah University of Science and Technology, Kumasi, Ghana

Abstract

Filmic representations of indigenous people and their knowledge

is a starting point to free cultural meanings that objectify the people’s

beliefs as commodities of a global culture. Nevertheless, African films

remain “foreigners in their own countries” where the makers of these

popular movies have not been principally concerned with authenticity,

cultural identity, and or the preservation of their culture. These phenomena

have been accused of lowering the image of Africa and the Africans in

general through their low quality productions. Based on qualitative research

approach, six Akan films were selected to undertake content analysis of

cultural elements in Akan films in Ghana. The results indicated that Akan

films are rich in diverse Akan proverbs used for ensuring the inculcation of

moral conducts, welfare, and acquisition of wisdom; manifestations of the

rich traditional Akan kings’ dress codes and adornments; showcasing of

Akan traditional festivals, folksongs, drumming and dancing, games; as

well as sense of communal welfare, hospitality and traditional courtesies.

Moreover, there werethe inclusion of Western cultural elements regarding

banquet-like hall decorations andHip-pop and Nigerian Music as well as

other foreign cultural elements.The results have implications on the Akan

based films in its attempts to present cultural meanings in Ghanaian films.

As such, Akan films should sufficiently capture the national values on

respect for humanity and justice; reduce the reoccurrences of the belief in

witchcraft and occultism; vulgar words, profanity and other immoral

activities.

Keywords: Akan Films, Cultural Elements, Ghanaian Culture,

Misrepresentation, Proverbs *All correspondence related to this article should be directed to Steve Kquofi faculty

of University of Science and Technology, Kumasi, Ghana

Email: [email protected]

Page 21: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

20

TRACK C: ENGINEERING & TECHNOLOGY

Page 22: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

Available online at www.academicfora.com

_

Abstract proceeding book

Academic fora BESSH-March 11-12, 2016

Singapore

ISBN: 978-969-670-276-4

International conference on “Business, Economics, Social Science & Humanities”-BESSH 2016

21

Document Overlapping Clustering Using Formal

Concept Analysis

Ya Wen Cheng1*

, Eric Jui-Lin Lu2, Yi-Hui Chen

3, Yu-Ting Lin

4

3Department of Applied Informatics and Multimedia, Asia University,

Taichung, Taiwan, 1,2,4Department of Management Information Systems, National Chung

Hsing University, Taichung, Taiwan

Abstract

Text document clustering is a technique which group documents

into several clusters based on the similarities among documents. Most

clustering algorithms build disjoint clusters, but clusters should be

overlapped because documents may belong to two or more categories in

real world. For example, an article discussing the Apple Watch may be

categorized into either 3C, Fashion, or even Clothing and Shoes. In this

paper, we propose an overlapping clustering algorithm by using the Formal

Concept Analysis, which could make a document assigned to two or more

cluster. Moreover, our algorithm reduced the dimensions of the vector

space, and performed more efficiently than existing clustering methods.

Keywords: Overlapping Clustering, Formal Concept Analysis, Text Mining

*All correspondence related to this article should be directed to Ya-Wen Cheng from

National Chung Hsing University, Taiwan Email: [email protected]

Page 23: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

22

FUTURE EVENTS

Page 24: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple

23

You can find the Details regarding our future events

by following below:

Business, Economics, Social Science & Humanities

(BESSH) Conferences:

http://academicfora.com/buisness-conference-home/

Engineering & Technology, Computer, Basic &

Applied Science

http://academicfora.com/engineering-conference-

home/

Medical, Medicine & Health Science

http://academicfora.com/medical-conference-home/

Page 25: CONFERENCE PROCEEDINGSacademicfora.com/wp-content/uploads/2016/04/BESSH...Macedonia for the period 1994 - 2013. To show its influence on economic growth and inflation is used multiple