Economics 500 – Problem Set #3 Consider a firm producing an output Q using the two inputs “labor” (L) and “capital” (K) according to the production function Q = K.5L.5 (i.e.‚ the amount of output produced Q is equal to the square root of K times the square root of L). Suppose that the firm is in a short-run situation in which K is fixed at one unit (K = 1) but labor is variable. Suppose that the user cost of capital‚ r‚ is $48 for each unit of K and that the wage rate‚ w‚ the cost of one unit
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Summary of the Book Start up Nation The Story of Israel’s Economic Miracle Written by Dan Senor and Saul Singer Part 1 Introduction The first chapter relates the story of Shimon Peres and Shai Agassi pitching Better Place to auto manufacturers – Better Place is re-thinking electric vehicles by making fuel stations swap out your battery with a charged one instead of pumping petrol or diesel into the car‚ highly ambitious‚ executed first in Israel‚ now in China‚ etc. Persistence This chapter
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050 – METEOROLOGY 050-01 THE ATMOSPHERE 050-01-01 Composition‚ extent‚ vertical division 8814. The troposphere is the: A – part of the atmosphere above the stratosphere B – part of the atmosphere below the tropopause C – boundary between the mesosphere and thermosphere D – boundary between the stratosphere and the mesosphere Ref: all Ans: B 8817. What is the boundary layer between troposphere and stratosphere called: A – Tropopause B – Ionosphere C – Stratosphere D – Atmosphere Ref: all Ans: A
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TWO NATION THEORY Nation The word “NATION” is derived from Latin route “NATUS” of “NATIO” which means “Birth” of “Born”. Therefore‚ Nation implies homogeneous population of the people who are organized and blood-related. Today the word NATION is used in a wider sense. A Nation is a body of people who see part at least of their identity in terms of a single communal identity with some considerable historical continuity of union‚ with major elements of common culture‚ and with a sense of
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26th of May 2010 The United Nations When one wonders what the symbol of the United Nations signifies‚ notions such as self-determination‚ freedom‚ liberty‚ peace‚ security‚ collective resolution and human rights come to mind. Its emblem is composed of the globe surrounded by two “olive branches of peace.” The United Nations has stated that it has four purposes. These purposes are to maintain international peace and security‚ to develop friendly relations among nations based on respect for the principle
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The First Nation Modern historians believe that Aboriginals came from Asia about 30 000 years ago. Many of the Aboriginals colonized in Australia but some of them also settled in Canada while other chose to continue to the south. They lived in every region of the country. To survive Canada’s rough climate they needed to rely on each other‚ to share and respect the environment. At the time of European contact‚ they had developed clear nations throughout what is now Canada with a total population
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European people‚ First Nations people have suffered from disease‚ famine and assimilation policies put forth by the government. Contact with the Europeans has resulted in the fur trade‚ treaties and reservations. These European concepts had created illness‚ death‚ famine and poor well-being for many First Nations people. During the fur trade‚ European people brought diseases that First Nations people had never been exposed to which resulted in many deaths among First Nations communities. The fur trade
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In his book "The Nine Nations of North America"‚ Joel Garreau argues that United States is not really a nation of 50 states‚ but part of a continent of nine nations. Garreau finds that each of the nine nations of North America has its own capital‚ its own peculiar economy‚ and its own distinctive web of influence. A few of the nations are allies but many are adversaries. He believes that everything from politics to urban planning needs to be redesigned to match the evolving regional sensibilities
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the League of Nations After World War I an organization was formed to try and make sure that another horrific war would not occur again. This organization was called The League of Nations‚ and it had some great ideas to help and prevent another war‚ but as history shows just a mere 20 years later World War II was beginning. The League of Nations had failed and Europe was in another total war that would take up the next 6 years of Europe’s History. I believe that The League of Nations failed because
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UNITED NATIONS 1. BIRTH: The seed of the idea for a new postwar organisation was planted by President Franklin Roosevelt and Prime Minister Winston Churchill in the Atlantic Charter of August 14‚1941.On January 1‚1942 with the united states now in the war‚ twenty six nations subscribed to a Declaration by United Nations that reaffirmed the principles of the Atlantic Charter. This declaration established the United Nations military alliance‚ to which twenty one other nations subsequently adhered
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