ECS1260-65 ECONOMICS (FOR BUSINESS AND) MANAGEMENT 2012-13 Seminar Exercises 16 (to take place in Week 20 starting 11th March 2013) 1) Please say whether the following statements are true or false: a. The main functions of money are the medium of exchange‚ store of value and unit of account. b. The monetary base is cash in circulation plus bank deposits. c. Money supply is monetary base plus bank deposits. d. When the Central Bank acts as a lender of last resort‚ it is
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Jazz Notes Exam #3 Chapter 9- The Bebop Revolution • Big Band music was on the decline at the end of WWII. • It was difficult to staff a 17 member big band • Due to the war and the economy Dance Halls began to close • A growing artistic unrest developed among some artists rejecting the commercial and repetitive big band arrangements • Bebop developed as a reaction to the swing era Bepop • Bebop‚ or bop is a style of jazz characterized by fast tempo‚ instrumental virtuosity and improvisation
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1. Choosing Prices to maximize Revenue/Profit: EXAMPLE/ The Village of Oakland Township made an offer to both the Detroit Pistons and the Detroit Lions to relocate. While both teams charged "monopoly prices" for the average ticket to a game at their original suburban locations‚ the Lions did relocate‚ and cut average ticket prices to the Cournot competitive levels. The Pistons’ demand function is given by: QP = 200 - 6PP + 2PL‚ while that of the Lions is given by: QL = 150 + 2PP - 5PL‚ where
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Similarly‚ find Ernie’s quantity supplied at prices of $2‚ $4‚ and $6. Which of these prices brings the amount supplied and the amount demanded into equilibrium? P $6 $4 $2 Qd 1 2 3 Qs 3 2 1 Equilibrium price is $4 because Qd = Qs = 2 at that price. b. c. If Ernie produced and Bert consumed one less bottle of water‚ what would happen to total surplus? Total surplus would fall by $2. d. 6. What are consumer
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Summer 2011 Distance Learning Exam 3 Do not open this booklet until instructed to do so. Darken the correct answer to each of the questions on the answer sheet. If you have any questions please ask the proctor. When you have completed the exam‚ hand in the exam and answer sheet to the proctor. A 1. Which of the
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July 13‚ 2007 Thank you‚ ladies and gentlemen. Today our resolution is legalization of drugs does not damage society. We are on the negative group strongly against this resolution. Let’s look at the important points. The affirmative team had four points: personal behavior‚ price‚ safety and management. Their first point is personal behavior. They said that everyone has the right to choose his or her own lifestyle. It’s true. But one’s own choice should be based on social morality and within
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CISS ORITENTATION SCALES Influencing: others through leaderships‚ politics‚ public speaking‚ and marketing Organizing: organizing the work of others‚ managing‚ and monitoring financial performance Helping: others though teaching healing‚ and counseling Creating: artistic literacy‚ music aNalyzing: data‚ using math‚ carrying out scientific experiments Producing: Techniques for assessing personality: Casual observation Just watching “paige sits in front‚ because she needs to? Or because she wants
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131 Chapter 9 Notes – Sentencing. Chapter Summary The text discusses several important aspects of sentencing in Chapter 9; it also describes five goals of contemporary sentencing: retribution‚ incapacitation‚ deterrence‚ rehabilitation‚ and restoration. Retribution corresponds to the just deserts model of sentencing and is best understood from the biblical reference to “eye for an eye‚ tooth for a tooth.” Incapacitation seeks to isolate offenders from society. Deterrence‚ both specific and general
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Computer Simulation & Modeling In-Class Portion of Final Exam (50 points) Dr. Seidman June 10‚ 2010 DIRECTIONS - READ THIS FIRST INTRODUCTION Exam is from 6:00 pm to 9:15 pm. Answer both questions. Total of 50 points. This is an open book‚ open notes‚ and open computers exam. This is an individual exam. No collaboration of any kind is permitted. No network connections
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1. What seems to be the major cause of the shootings at Columbine High School in Colorado? a. Exclusion‚ mockery‚ and taunting at school. 2. A bully’s victim usually ________. a. has less power than the bullies 3. Sexual jealousy is a particularly powerful determinant of aggression in ________. a. cultures of honor 4. Children are likely to behave less aggressively when they a. have models of nonaggressive behavior. 5. The only firm conclusion about pornography that
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