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1. From the definition of GDP we arrive at the following expression: c + i + g + x-m = y = c + s + t Discuss the three important economic relationships that can be derived from this expression related to the definition of GDP and explain each carefully. The expression above depicts two different ways to come up with real GDP for a country. The left side of the expression explains expenditure side of computing real GDP which can be rewritten as: y = c + i + g +x – m In real terms‚ it could
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Main reasons that have caused globalisation 1. Improved transport‚ making global travel easier. For example‚ there has been a rapid growth in air-travel‚ enabling greater movement of people and goods across the globe. 2. Containerisation. From 1970‚ there was a rapid adoption of the steel transport container. This reduced the costs of inter-modal transport making trade cheaper and more efficient. 3. Improved technology which makes it easier to communicate and share information around the world.
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1. The securities‚ intermediaries‚ and markets that exist to match savers and borrowers comprise the financial ________. a. system b. market c. economy d. security • 2. A contract in which a borrower promises to compensate the lender in the future is called a financial ________. a. stock b. debt c. investment d. security • 3. A contract that makes the owner of a security a part owner of the company that issued the security is known
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which of the following reasons? | | | | A. documented military deployment. | | | | | B. "too busy" with work and family commitments. | | | | | C. vacation. | | | | | D. all of the above. | | Answer Key: A Feedback: APUS Professors can provide course extensions for documented military deployment and military-related activities. Students are not eligible for course extensions for personal reasons such as being "too busy"‚ going on vacation or non-military work issues
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Concordia University Department of Economics ECON 303/2BB: Intermediate Macroeconomic Theory I Fall 2013 Midterm exam #1‚ October 15‚ 2013 Instructor: Yves Tehou STUDENT NAME___________________________________________________ STUDENT ID ____________________________ Instructions: There are a total of 25 points. The exam has two sections: multiple-choices and short problems. The multiple-choice section is worth 15 points‚ and the short problems section is worth 10 points. For the multiple-choice
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Educ 150 Classroom Job Shadow Reflection Taylor Babbis Shepherd University I use to think that being a teacher was going to be a short eight hours of teaching and being with children. Having summers off made being a teacher seem a lot more beneficial to. Being a teacher seemed to be the easiest career choice out there for me. After viewing the second grade classroom in Shepherdstown Elementary it is safe to say that I have changed my opinion of teaching. There is unquestionably another side to
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The TakeoverDespite being poverty-stricken in the late fifteenth century‚ Europe would eventually make a huge comeback in world dominance. Compared to other countries‚ it was not only poor‚ but also lacked stability. (Lecture‚ 8/27/14). The small populated country started gaining more people due to travel‚ trade‚ and religion. Major world powers that had a vast effect on Europe’s transformation include China‚ Africa‚ and Latin America. This is exactly what Europe needed to get ahead in such a competitive
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Running head: ANTITRUST PRACTICES AND MARKET POWER Antitrust Practices and Market Power A slight inkling of antitrust by the consumers can easily destroy a company’s reputation; bring down years of hard work and dedication. This paper highlights the case of Apple Inc. There was a recent case US vs. Apple‚ that has been on news media. “The Justice Department today released some of the comments it received regarding the ongoing Apple e-book price-fixing case‚ and many of those
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ECO 561 Economics March 12‚ 2012 Abstract The following paper discusses a business proposal on hair extensions. The proposal will include profit maximization strategy‚ how to increase revenue‚ entry into the market. The proposal will also look at product differentiation and the mix of pricing and non-pricing strategies to increase revenue as well as pricing and non-pricing strategies for hair extensions under the current business cycle in the United
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