Economics 104B - Lecture Notes - Professor Fazzari Topic IV: Major Components of the Economy (Final Update March 28‚ 2011) A. Consumption: Source of Demand – Determinant of Saving 1. Consumption Statistics a) Consumer spending constitutes largest portion of sales • Consumption is the largest part of aggregate demand. In consists of everything bought by household except new houses (these are counted as residential investment). • Consumption can be divided up into
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Component Diagram Notations The component diagram’s main purpose is to show the structural relationships between the components of a system. In addition‚ component diagrams are useful communication tools for various groups. In creating a component diagram‚ there are different notations that can be used to show the different relationship of each component within the system. The component diagram notation set now makes it one of the easiest UML diagrams to draw: * COMPONENT A component can
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Dialogue between Plato and Aristotle(c. 428–347 B.C.E.) “Beauty is the example of a form; beauty is not something that you can encounter directly in the physical world like an object such as a tree or horse. A tree or a horse may or may not be beautiful‚ but beauty meets with objects. Beauty does not stand alone‚ but it accompanies objects in the physical world”‚ said Plato. “Form determines what a thing is and in combination with matter is to have a thing”‚ replied Aristotle. “Form is not something
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Life is Hard‚ Life is Difficult My message today is titled Life is hard” and it’s about how to live a great life despite the fact that life is difficult. Everybody wants to be happy in life. We all want to live a perfect life. We want that great job or a successful business. We want to be married to Mr. Right or Mrs Perfect. We want to have great kids. We want to have friends that stick by us come rain or shine. We want to be able to have all the material things life has to offer and have all
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The views of Plato and Aristotle are different but to some extent similar. Plato was mostly known for Theory of Forms and Aristotle was basically known for his thoughts in metaphysics. Even though they both thought a bit differently they did agree in a few things‚ for instance‚ Plato and Aristotle not only impacted social life in the past but the future‚ in fact some still use it in today’s society. Plato was a student of Socrate’s. He founded the first University called Academy in the year 387
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The Construction of Character from Life is So Good In the book Life is So Good by George Dawson and Richard Glaubman‚ the defining moments of a man’s life are revisited. Glaubman and Dawson take the reader along side a remarkable journey through over a one hundred years of history. Although George Dawson’s life was subjected to numerous accounts of racism‚ segregation‚ and prejudice‚ one can see that his rearing in Marshall‚ TX and perseverance throughout life lead to his outstanding character
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Components of the Education Process “Teachers: like leaves‚ everywhere abound. Effective teachers: like fruits‚ rarely found.” Effective Teachers Are: • One who has honed his skills in the art of teaching. • Compassionate and understanding. Gives allowance for personal limitations. • Looks at every learner as a unique individual with peculiar needs and interests. • Allows himself to grow professionally. • Aspiration of every mentor whether new or has been in it for years. Roles of
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Components of a Knowledge Management System A Knowledge Management System (KMS) refers to either a technology-based or non-technical interconnected group of functions that have behaviour that enables or facilitates either (or a combination of) the discovery‚ capture‚ integration‚ sharing or delivery of the knowledge required by an organisation to meet its objectives. It can comprise a part of a Knowledge Management initiative or strategy to improve the utility of an organisation’s intellectual
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Like most farmers in China during the late 1800s‚ Wang Lung‚ the protagonist of The Good Earth‚ was a practical man who wanted to both start a family and please his father. To accommodate his desires‚ a marriage was established between O-lan‚ a slave of the House of Hwang and himself. As he awoke on the morning of his wedding‚ he seemed distant from his routine involving the care of his father‚ knowing that he would not be following it again. Lung may had viewed his marriage as providing him with
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THE HUMAN FUNCTION IN PLATO AND ARISTOTLE Plato and Aristotle have similar perspectives about human function. They also share some of their ideas about how human function is related to other philosophical notions such as virtue‚ good‚ justice‚ and the soul. According to Aristotle the chief good (and the human function‚ which has its end in itself) is happiness. But his definition of happiness is different from what ordinary people usually think. Happiness is neither pleasure nor wealth‚ nor is
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