Basic Economic Questions The basis of all economic decisions is scarcity. The wants and needs of people are unlimited and the resources available to a society are limited. The basic questions that each society must make revolve around the allocation of scarce resources. * What goods and services to produce? * How to produce them? * For whom to product them? These essential questions must be answered in every economy to determine the fundamental goals of the society. How each society handles
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Leadership courses are such an important part to the enlisted side of the army. Without going to Warrior Leader Course (WLC)‚ now known as Basic Leaders Course (BLS)‚ I probably would not have learned some of the important leader fundamentals that I learned during that course. All I have ever done was compare leaders‚ including me‚ to my Drill Sergeants from Basic Training. The only thing with that is‚ they do not teach you all of the tools necessary to become a complete‚ well-rounded leader. I am
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Linked List Basics By Nick Parlante Copyright © 1998-2001‚ Nick Parlante Abstract This document introduces the basic structures and techniques for building linked lists with a mixture of explanations‚ drawings‚ sample code‚ and exercises. The material is useful if you want to understand linked lists or if you want to see a realistic‚ applied example of pointer-intensive code. A separate document‚ Linked List Problems (http://cslibrary.stanford.edu/105/)‚ presents 18 practice problems covering
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contain the "big 3" factors that could cause food to become unsafe. Food must be kept out of harms way from human errors‚ but if you don’t train food workers what they are‚ they won’t know why these factors are so important. The basics can make all the difference. The basic 3 principles that all managers and food workers should be aware of are:* Personal Hygiene for Food Professionals;* Time & Temperature Control; * Cross-contamination Prevention 1. Professional Personal Hygiene - It’s not
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Basic Economic Problem Lord Robbins defines economics as a social science which studies between ends and scare means which have alternative uses. Ends- want Scare means- Limited resources Alternative uses- different Scarcity Humans being are greedy by nature. As such‚ there wants are unlimited or infinite. However the resources available in form of land‚ labour‚ capital and enterprise that are being use to produce goods and services are scare or unlimited. This give rise to the basic economic problem
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The four players in the money supply process include Choose one answer. a. banks‚ depositors‚ borrowers‚ and the U.S. Treasury. b. banks‚ borrowers‚ the central bank‚ and the U.S. Treasury. c. banks‚ depositors‚ the central bank‚ and borrowers. d. banks‚ depositors‚ the central bank‚ and the U.S. Treasury. Correct Marks for this submission: 1/1. Question 2 Marks: 1 If a bank has excess reserves of $10‚000 and demand deposit liabilities of $80‚000‚ and if the reserve requirement
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ANATOMY LAB REVIEW SHEET 37A RESPIRATORY SYSTEM PHYSIOLOGY ANSWERS This anatomy lab review sheet 37a respiratory system physiology answers will contain a broad description of the item‚ the name and operations of the different parts‚ step-by-step instructions of how to use it‚ directions in looking after it‚ and other information that a buyer will usually wish to know‚ for example customer care numbers‚ repair information‚ and product return policies. bigheartcreations.com Thursday‚ 5-14-2015
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ANSWER (PART A) QUESTION 2 a) Labor force is defined as people from the total population between the age of 16 & 64 who are not in institutions and who are either employed or unemployed but seeking work. Those who are not in labor force are either in institutions or are voluntarily unemployed. Unemployment is made up of people who are currently not working but are looking for a job. b) Structural unemployment The portion of unemployment that is due to changes in the structure of the economy that
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1. (Resource Demand) How do firms and individuals determine if it ’s worth it to (a) invest in capital improvements‚ (b) hire additional workers‚ or (c) decide where to work? Briefly explain. Answer – Firms and individuals determine if it’s worth it to invest in capital improvements when the marginal product of capital is more than the interest paid on each unit of capital. Similarly‚ when the marginal product of labor is more than the wage rate of each unit of labor‚ until then the firms and individuals
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taken from Dante’s Divine Comedy. It reads: “If I thought my answer were to one who could ever return to the world‚ this flame would move no more; but since no one has ever returned alive from this depth‚ if what I hear be true‚ without fear of infamy I answer you.” The words are spoken by a lost soul‚ damned to Hell for the attempt to buy absolution in advance of committing a crime. This correlates with Prufrock’s need to know the answer to the question he wants to ask as a condition of asking it
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