Macroeconomics: we are interested as the economy as a whole. Week 1: DAY ONE Overview: 1) Short run issues a. What explains SR fluctuation in the economy? (Business cycle‚ Recessions‚ Boosts‚ etc.) b. Government policy (monetary and fiscal policy) c. Price level fluctuations d. Interest rates 2) Long Run issues a. What explains LR economic growth? GDP: Gross Domestic Product 1) Definition: the market value of all newly produced final goods and services within an economy over a given period of time
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Quiz 2: Evidence of Evolution | | 1. Which of the following would be considered homologous structures? Question options: |[pic] |tentacles of an anemone and tentacles of a squid | |[pic] |wings of a bird and arms of a human | |[pic] |wings of a butterfly and wings of a bird | |[pic] |lungs of a mammal and trachea of an insect | 2. According to modern evolutionary theory‚
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Marginal [revenue] product The increase in a firm’s total revenue resulting from hiring an [additional] unit of labor or other variable resource. Demand curve for labor A curve showing the different quantities of labor employers are willing to [hire] at [different] wage rates in a given time period‚ ceteris paribus. It is equal to the marginal revenue product of labor. Derived demand The demand for labor and other factors of production that depends on the [consumer] demand for the final goods
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University of Phoenix Material Week Two Quiz Multiple Choice Please choose the correct answer to the following questions. 1. ______D_______ refers to the experience created from stimulating a sense organ. a. Perception b. Stimulus c. Transduction d. Sensation 2. _____D________ refers to the smallest change in sensation that can be detected at least 50% of the time. a. Adaptation b. Weber’s Law c. Difference Threshold d. Absolute Threshold 3. Sensory cells located on
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Week 2 Quiz Instructions: Select the correct answer for each question. You may use this worksheet to highlight the correct answer using the highlight function or simply create a Word Document‚ number from 1-15 and provide the correct letter for each corresponding question. Each question is worth .2 points. 1) What is a credit utilization rate? a. How many open credit accounts you have b. The percentage of all your reported credit accounts that are open accounts c. Your total outstanding balance
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Challenge question for Quiz 2 1. What group of compounds are usually the second most abundant (by weight) in fruit after water? 2. What is the major difference between fruit and vegetables in terms of their botanic origin? 3. List the intrinsic and external factors which can affect the respiration rate of fruit and vegetables 4. What are the major differences between climacteric and non-climacteric fruits? 5. What is role of ethylene in fruit ripening? 6. Describe the relationship between temperature
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Chapter 1 What Is Economics? 1) All economic questions are about A) how to make money. B) what to produce. C) how to cope with scarcity. D) how to satisfy all our wants. 2) An incentive A) could be a reward but could not be a penalty. B) could be a penalty but could not be a reward. C) could be either a reward or a penalty. D) is the opposite of a tradeoff. 3) An inducement to take a particular action is called A) the marginal benefit. B) the marginal cost. C) opportunity cost
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Business Economics Questions: 1. Explain the subject matter of economics as question concerning the adjustments between unlimited want and limited resources. 1 & 2 2. Explain how Market/Price mechanism solves there central problems of economics 1 & 2 3. Explain why the price in competitive markets settles down the equilibrium intersection of supply and demand. Explain what happens if the market price starts out too high or too low. 3 4.Explain the economic meaning 0f price elasticity
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Economics for business by David Begg and Damian ward (3rd edition) chapters 1-8 Chapter 1: Economics for business. 1.1; What is economics? Economics is the social science that analyzes the production‚ the distribution and consumption of goods and services. It studies how individuals‚ firms‚ governments and economies deal with the problem of infinite wants and finite resources. Factors of production are the resources needed to make goods and services‚: land‚ labor‚ capital and enterprise. - Land
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Microbiology Lab Quiz #2 Study Guide Exercise 9 -- The Gram Stain Compare and contrast simple and differential staining techniques. Simple Staining Simple staining is useful in determining the basic morphology of an organism. Simple staining involves only one reagent i.e. crystal violet‚ basic fuchsin‚ or methylene blue. Simple dyes used to stain bacteria have a positive charge cationic (+)‚ therefore‚ they are attracted to the bacteria that are usually negatively charged anionic (-) Depends
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