Form 6 Economics Unit 2 1 ½ Hours Answer ALL questions 1. Which one of the following constitutes a leakage from the circular flow of income? a. The purchase of a domestically produced good by a domestic company b. The purchase of a domestically produced good by a foreign company c. The payment of value added tax on goods sold to the domestic market d. Government aid to companies in financial difficulties 2. Which of the following is not a reason for a country collecting national income
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Introduction to Economics Chapter 1 - What is Economics About 1.1 - The Economic Problem and the Role of Choices Economics aims to addressing the economic problem of satisfying unlimited wants with the scarcity of resources. This means that we must prioritise some wants over others. Our wants are unlimited Our wants change over time Types of wants: Individual wants - the desires of each person Collective wants - wants of the whole community The four economic problem:
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7.DEMOGRAPHIC CHARACTERISTICS OF THE POPULATION: GROWTH OF POPULATION IN TIRUMALA-TIRUPATI FROM 1901-1981 The growth of population in a particular place is attributed to the natural increase (excesses of births over death) as well as migration from other places. In case of unifunctional and multifunctional cities any change in the function of the city naturally affects the growth of populations. If there Is an expansion of any of the functions be its religious‚ industrial‚ commercial‚ political‚
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Chapter 2 Exercises Solutions Answer to end of chapter questions: 2. The labour force is calculated as the sum of the employed and the unemployed‚ which in this case is 22‚000‚000 + 1‚000‚000 = 23‚000‚000. The labour force participation rate is calculated as the ratio of the labour force to the working age population: 23‚000‚000 / 30‚000‚000 = 77 %. The unemployment rate is calculated as the ratio of the number of unemployed workers to the size of the labour force: 1‚000‚000 / 23‚000‚000 = 4
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Physical Characteristics: What You Notice First Physical characteristics are defining traits or features about your body. The first thing you see when you look at someone could be their hair‚ clothes‚ nose‚ or figure. These are all examples of physical characteristics. To get good examples of physical characteristics you should look at a person’s face‚ how tall they are‚ and what they are wearing. For example: Build Characteristics * Plump * Stocky * Overweight * Fat * Slim
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some common interest. Business tourism industry is growing rapidly worldwide.Business tourism is having its own features which define it from the other types of tourism‚ and I would mention it in order to explain the importance of the industry. This report is showing the importance of business tourism in the modern world‚ its benefits and advantages comparing to the other types of tourism and highlighting all the challenges and problems the industry is facing these days.First‚ i will explain
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Describe the characteristics and motivations of gangs. Where‚ when‚ and why they became dominant? What characterizes successful gangs and how have they evolved over centuries? Give some examples of successful gangs throughout the history‚ and explain why they succeeded. Most gangs are established and motivated due to the need of protection; this protection can be for protecting the areas and street‚ which they live in or neighborhoods‚ with individuals of their culture or ethnic group. Also‚ gangs
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Intercultural Communication as a Dominant Paradigm Submitted in partial fulfilment of the requirements for the degree of Master of Communications‚ Victoria University of Wellington Matthew Scott and Grant Sherson April 1999 Introduction To begin an overview of intercultural communication it is important to attempt to clarify the concepts of communication and culture. What Is Communication? For this paper we will use a definition that communication is: “that behaviour which happens whenever
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Characteristics of the 1920s Technology had a significant impact on the 1920s. Because of the development of assembly lines and other innovations‚ cars became one of the most important industries in the nation. This stimulated growth in the industries of steel‚ rubber‚ glass‚ tool companies‚ oil corporations‚ and road construction. As a result of the mobility of individuals that was made possible by the automobile‚ the demand for suburban housing began to boom. In the early 1920s‚ commercial
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Characteristic of Project 1) Importance It is of utmost importance that all the parties associated with project must understand the importance of project. Often top level management fails to understand the importance of project and such projects often tend to fail in achieving its goals. If the project is not considered important by management and teams working on it‚ it has tendency to get sidelined when prioritizing projects comes in action. 2) Scope End results for project should be clearly defined
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