efficient resource allocation refers to an economy ’s ability to meet its obligations in ensuring that all social and economic objectives are met without waste‚ for example to allocate resources so that they are distributed efficiently to improve the standard or living. This is the only way that we can ensure that we will be able to maximize the number of goods and services that we are able to provide. In addition‚ we will also be more likely to guarantee the long term availability of the resources that
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An economic system is the system of producing and distributing of goods and services and allocating resources in a society. It includes the combination of the various institutions‚ agencies‚ entities (or even sectors as described by some authors) and consumers that comprise the economic structure of a given community. A related concept is the mode of production. The study of economic systems includes how these various agencies and institutions are linked to one another‚ how information flows between
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CHCCS411C - Work effectively in the community sector: Assignment 2 Task A – The Community Services Industry (CSI) 1. Name a Community Service organisation that you wish to research : Rural Nursing Service 2. State the sector that this organisation belongs to. Nursing and Aged Care 3. The Target Group: A. The Elderly: used to describe a person who is beyond middle age and approaching old age. They may also be referred to as senior citizens. Disabled: Impaired‚ as in physical functioning
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How To Effectively Treat A Sprained Ankle By Dr. Ben Kim on December 22‚ 2004 • Natural Health Solutions For years‚ the standard protocol for treating a sprained ankle has been the R.I.C.E. method - Rest‚ Ice‚ Compression‚ and Elevation. While this protocol usually prevents further damage and allows gradual healing of a sprained joint‚ I have found that people recover more quickly and effectively when they follow the following recommendations: 1. Avoid wrapping or compressing the joint. Often
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Are you struggling with a child who is disrespectful‚ obnoxious‚ or constantly challenges you? Are you frustrated and exhausted from arguing constantly and just want to figure out how to have peace in your home? Trust me‚ I know the feeling. All children behave badly from time to time. But‚ when defiance‚ hostility and refusal to comply are a constant behavior from your child (as it is in my home) that affects the entire family‚ you’ll know it requires a more serious intervention. As I’ve learned
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Referencing using the APA (American Psychological Association) style • About this resource • The APA style • Part 1: In-text Citations • Part 2: Collating a reference list • A sample reference list in APA style • Further reading • Printable copy of this resource (75 KB) About this resource This resource explains some of the more common applications of the APA style. It is based on the Publication Manual of the American Psychological Association (6th ed.) (2010)
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Resource # 1 Provide a summary of the legal requirements in your state regarding child abuse and neglect (including contact information for the appropriate agency)‚and your program ‘s policy regarding your responsibility to report child abuse and neglect. As a professional lead teacher I know that there are several types of child abuse such as physical abuse‚ that is a result of punching‚ beating‚ kicking‚ biting‚ shaking‚ throwing‚ and chocking‚ such injuries are considered abuse regardless of
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price analog -Quantities sold of a particular good -Gross Domestic Product‚ GDP -How individuals interact in a market -Interest rates -Unemployment Rates I. The Economist as Scientist A. Economists Follow the Scientific Method. 1. Observations help us to develop theory. 2. Data can be collected and analyzed to evaluate theories. 3. Using data to evaluate theories is more difficult in economics than in physical science because economists are unable to generate their own data
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1. A legal maximum on the price at which a good can be sold is called a? price ceiling. 2. Which of the following is likely to have the most price elastic demand? Breakfast cereal‚ corn flakes 3. A reduction in a country ’s barriers to trade? benefits some citizens of the importing country but does not benefit the domestic producers in the importing country. 4. The amount of a good that buyers are willing and able to purchase is quantity demanded. 5. Suppose a market in which demand is more elastic
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Communicating Effectively Worksheet Answer the following questions‚ using information from this week’s readings. Respond to each question in 100 to 200 words. 1. Briefly explain the seven elements of the speech communication process. How do these elements determine a speech’s success or failure? Speaker- A person who is presenting an oral message to a listener. There are three things we need to consider about a speaker. His/her motivation in presenting the presentation‚ credibility as a
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