classical follow the basic assumption that 1.economy is in ful employment.... 2. the wages and prices are very flexible 3. there is no need of fiscal or monitary policy 4. the invisible hand make the economy self correctable 5. so the Aggregate supply curve is Vertical according to classicals so any rise inaggregate demand will increase prices not production Keynesian follow the basic assumptions that 1. economy may not be in full employment in short run 2. wage are rigid and prices
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Chapter 10 Contracts TEST BANK 1. The ______________ evolved in commerce over the centuries. a. law of contracts b. law of commerce c. law of trade d. law of documents e. law of freedom ANSWER: a (page 262) National: AACSB Analytic; Communication; AICPA BB-Legal 2. The ______________ evolved in commerce over the centuries. a. law of invention b. law of commerce c. law of trade d. law of documents e. none of the other choices are correct ANSWER: e (page 262) National: AACSB Analytic; Communication;
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Over Population Name: Instructor: Course: DATE: Healthcare 5‚ 10‚ and 15 years from now Given the rapid changes in the world today‚ global healthcare and the United States in particular is expected to change over the next two decades. Since the year 1994‚ a period that witnessed the failure of healthcare reforms‚ there has been an escalation in cost coupled with poor quality. Moreover‚ more Americans have become uninsured. With the healthcare sector in the US facing different hurdles and
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employees etc are available 3. Switching cost High (4) - Hotels have higher bargaining power and can easily switch between suppliers 4. Suppliers’s threat of forward integration High (5) - Suppliers are highly unlikely to forward integrate into the hotel business 5. Industry’s threat of High (4) - Hotels could backward backward integration integrate to own their own real estate company - They could have their own training wing 6. Contribution
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I. There were two Great Awakenings in the U.S. The principal‚ which happened when the U.S. was as yet a settlement of Great Britain‚ occurred in the 1730s-1740s in New England. This development was a Puritan response to their observation that there was a decrease in confidence in the group‚ and it included their endeavor to recommit the group to the possibility of destiny (that individuals’ confidence was in God’s grasp and that they must be spared through their faith in God). There were a few new
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The significant themes of Chopin’s The Awakening are introduced immediately in the opening scene of the bird in the cage. Edna feels trapped in the small realm of her home‚ as the bird is trapped in its cage. A major theme of the novel‚ liberation verses conformity is introduced because although Edna struggles if she is liberated‚ she is really like the bird because she doesn’t have a choice. Society makes the choice for her. The indifferent manner in which Mr. Pontellier reacts to the bird introduces
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Unit 10-LO1 1.1 Identify the main types of state and independent schools. The main types of state schools are: - Community schools - Fundation and Trust schools - Voluntary aided schools - Voluntary controlled school(www.gov) Other types of state schools are: - Community special schools and foundation special schools - Faith schools - Grammar schools - City Technology Colleges - Academies - Maintained boarding schools The main types of independent schools are: - High Schools (senior school for
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CHC2D5-B Mrs. Veletic 25 January 2010 A Defining Moment in Canadian History: The Baby Boom Generation The Baby Boom generation‚ the largest demographic group in history (Kallen 28) was born from 1947 to 1966 in Canada after World War II‚ making up more than 30% of Canada’s current population. Born after the Great Depression of 1929 and World War II which occurred from 1939 to 1945‚ it is the largest post-war baby boom increase. A baby boom is any dramatic increase in the birth rate which usually
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The Truth of Global Warming SCI110 There are many myths and facts about global warming‚ but the same question is always asked‚ “Is global warming real or not?” Many more questions arise from asking if global warming is real or not like‚ “is it the human’s fault or is it just the natural course of the Earth?” There is much evidence that scientist had gather to prove that global warming is real; for example everyone is aware the Antarctic glacier’s melting causing the oceans to rise and causing
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Northern Mindanao is the eco-tourism hub of the Philippines. The region is composed of Bukidnon‚ Camiguin‚ Lanao Del Norte‚ Misamis Occidental‚ and Misamis Oriental. Bukidnon Bukidnon is a landlocked province‚ and is home to the Philippine Eagle. Most of its attractions are natural‚ such as the Kitanglad National Park‚ the waterfalls of Natigbasan‚ Gantungan and Dila‚ the springs of Luan-Luan and Matin-ao‚ and Napalit Lake. The Del Monte Pineapple Plantation in Bukidnon is one of the largest
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