ECON112 Macroeconomics Problem Set 1 *Solution* By Yao Amber Li Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) ------------------------------------------------------------------------------------------------------------------------------------ 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument. (10 marks‚ 2 marks each) One mark is for correct judgment. One mark is for correct argument. 1. GDP is the value of all goods and services produced
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AN ALTERNATIVE ENERGY SOURCE Technology in this day become more advanced. The advancement of technology has improved the quality of our life. The invantion of electricity made people found new era. Electricity is a source of energy. There are various function of electricity such as lightening‚ to light up the world‚ connecting us from distance‚ spreading out news‚ entertaining‚ and for medical purpose. Electricity is produced by a battery or a wires or by dinamo machine. But there are some alternative
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The energy that is used today comes from fossil fuels‚ which is a nonrenewable limited resource that will eventually be used up. Alternative energy sources such as solar‚ hydroelectric‚ geothermal and wind energies can be used‚ to conserve the planets limited natural resources. Alternative energy is the use of another energy without the burning of fossil fuels and break up on atoms. Solar energy can be used to operate cars and provide electricity for homes and businesses. Hydroelectric energy
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Jan. 1985. Some criticisms are valid to a certain degree given the strict covenants and guidelines Ruhnau had to work against however others are base-less such as forcing Ruhnau to step down as CEO. This case analysis will discuss the hedging alternatives Ruhnau considered‚ the decision that was made‚ an analysis of the criticisms made against Ruhnau and justifications for why Ruhnau should continue his chairmanship of Lufthansa. Background In January 1985‚ German-based airline Lufthansa‚ under
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Complementary and Alterative medicine (CAM) consumer is constantly increasing. According to the National Health Information survey in 2004‚ nearly 40% of American adults used some form of alternative therapies and spend around 30 billion dollars per year on unconventional medicine (Kayne 2008‚ p.93). The term “alternative medicine” refers to all the therapeutic practice that is not part of the conventional medicine such as: herbal medicine‚ acupuncture and yoga (Hirsch‚ 2009). Allopathic medicine is based
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Alternative Dispute Resolutions Business Law 531 March 11‚ 2013 Thomas Kershaw Alternative Dispute Resolutions Traditional litigation and nontraditional Alternative Dispute Resolution both seek to settle disputes however litigation is more costly than ADR. Therefore‚ plaintiffs should consider the use of ADR before requesting a trial. Traditional Litigation Parties may pursue ADR‚ as well as‚ traditional litigation in trying to resolve a dispute however the latter is more complex and
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knowledge that may be tested in CMA Entrance Examination questions‚ but they do not represent simulations of the style and composition of CMA Entrance Examination questions. This material contains a selection of problems and cases as well as their solutions‚ most of which focus on a few related topics. Some‚ however‚ are teaching cases that integrate several Syllabus topics. You are cautioned that the set of illustrative questions in this material does not cover the entire range of Syllabus requirements
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The development of null and alternative hypotheses was a difficult task for us at first. I think that people might have had issues understanding exactly what the difference was. I know that I myself had difficulty at first and ended up listening to the archived chats and reaching out to other members of my group for help. After doing all this and conducting some research online‚ I was finally able to grasp the concept. As the group communicated back and forth it was evident that we all agreed on
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ALTERNATIVE FINANCING PLANS Current assets – permanent current assets = temporary current assets $800‚000 – $350‚000 = $450‚000 Short-term interest expense = 5% [$450‚000 + ½ ($350‚000)] = 5% ($625‚000) = $31‚250 Long-term interest expense = 10% [$600‚000 + ½ ($350‚000)] = 10% ($775‚000) = $77‚500 Total interest expense = $31‚250 + $77‚500 = $108‚750 Earnings before interest and taxes $200‚000 Interest expense 108‚750 Earnings before taxes $ 91‚250 Taxes
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One of the most significant current discussions in sustainable aviation is alternative fuel for airplane‚ which is a serious argument; however‚ big question is that efforts to produce a more sustainable fuel to power aircraft are technically and ethically feasible. This paper going to investigate and show there is no alternative fuel to power aircraft in this time. The fuel using by airplane is fossil fuel‚ which is Jet A1 by burning this fuel there are impact on the global warming the researcher
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