BUSINESS CYCLES Trend and cycle of the business cycle Phases of the cycle Pro‐cyclical‚ counter‐cyclical‚ and a‐cyclical variables Lead‚ lagged‚ and contemporary variables Stylized facts and cyclical behavior of key macroeconomic variables 2 BUSINESS CYCLES Over time GDP grows but not in a linear way GDP 2006 constant prices (in logs) 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 4.5 3 BUSINESS CYCLES Time Series Components 1. 2. 3. 4. Trend (long‐run) Cycle (short‐run)
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Chapter 4 Carbon and the Molecular Diversity of Life Lecture Outline Overview: Carbon – The Backbone of Biological Molecules * Although cells are 70–95% water‚ the rest consists mostly of carbon-based compounds. * Carbon is unparalleled in its ability to form large‚ complex‚ and diverse molecules. * Carbon accounts for the diversity of biological molecules and has made possible the great diversity of living things. * Proteins‚ DNA‚ carbohydrates‚ and other molecules that
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The Main Parts of the Water Cycle The main parts of the water cycle are evaporation‚ condensation‚ and precipitation. They go together in a circle/cycle called the water cycle. None of these parts can be missing. (Well‚ everything in the water cycle is needed.) Evaporation- Evaporation is when water turns into water vapor and flows up into the sky. You can’t see it because it’s now gas and gas is invisible. Evaporation usually happens on hot‚ rainy days because the sun’s energy
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where does the water cycle gets its energy from? the water cycle gets the energy from the sun. why do we need the water cycle? since 97% of the earth is covered by salt water we can not drink it. we can remove salt from water but it could be very expensive. how does water get into oceans? when clouds can’t hold any more water it comes as precipitation and lands in the ocean. what is the water cycle made up of? it is made up of six different traits. condensation‚infiltration‚runoff‚ evaporation‚ precipitation
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THE ROCK CYCLE ● ● ● ● There are three main types of rocks: igneous‚ sedimentary‚ and metamorphic. Each of these types of rocks are formed in different ways and each type of rock can be changed into the other types of rock. This process is called the Rock Cycle. The rock cycle is the process that makes and recycles rocks. IGNEOUS ROCKS ● ● ● ● ● ● Igneous rocks are formed from magma. Magma cools and solidifies into rock. When igneous rocks are exposed on the surface‚ time and weather break the
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Bibliography: Johnson‚ J. J. (n.d.). Lab Report . Retrieved 3 1‚ 2014‚ from IB Biology Higher Level: http://www.edu.pe.ca/gray/class_pages/smaccormack/leaf_disc_photosynthesis_write_up.pdf Photosynthesis. (n.d.). Retrieved 3 1‚ 2014‚ from IB Guide: http://ibguides.com/biology/notes/photosynthesis-hl
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The business cycle is like a roller coaster and this roller coaster definitely has its dips and peaks. In the cycle there are expansionary periods‚ peaks‚ downturns‚ and troughs. Each one is part of and essential in the cycle. Like a roller coaster you will go up and reach a peak and then you will have to drop. Although just because you drop does not mean you will reach the lowest point of the ride. Just like a coaster the business cycle has its high peaks and plunging drops. So lets start the
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The rock cycle involves of a chain of continual progressions through which earth materials change from one form to another over time. Some processes in the rock cycle happen over millions of years and others occur much more quickly. There is no real starting or completion to the rock cycle; however‚ it may be appropriate to begin investigating the rock cycle with magma (Bergman 2005). Magma‚ or molten rock‚ forms only at certain locations within the earth‚ mostly along plate boundaries. Magma crystallizes
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specific markets. While macroeconomics is a broad field of study‚ there are two areas of research that are emblematic of the discipline: the attempt to understand the causes and consequences of short-run fluctuations in national income (the business cycle)‚ and the attempt to understand the determinants of long-run economic growth (increases in national income). Macroeconomic models and their forecasts are used by both governments and large corporations to assist in the development and evaluation of economic
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# 49 Diet The food an animal eat everyday is called diet. Most animals need 7 types of nutrients in their diet: carbohydrates‚ proteins‚ fats + water‚ fibre‚ vitamins‚ minerals. The amount of energy needed is provided mainly by our carbohydrate and fat intake. Your dietary requirements depend on your age‚ sex and activity. - Age: The energy demand increases until we stop growing. While children are growing they need more protein per kilogram of body weight than adults do. - Sex: Generally
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