asked to administer increasingly sever eclectic shocks to the learner for every incorrect or silent answer given. The shock levels were labeled from 15 to 450 volts. Along with a numerical scale‚ words such as moderate shock‚ strong shock‚ intense shock‚ danger‚ and even XXX were added to the scale. The twist is that since the learner was simply an actor‚ there were no “actual” shocks given‚ just a verbal response from the learner acting as if the shocks were real. At 75 volts‚ the leaner began to
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they will be lucky. It may be that events‚ as they turn out in the next 10 or 20 years‚ will be common to all the countries; there will be no shocks‚ no economic developments that affect the different parts of the Euro area asymmetrically. In that case‚ they’ll get along fine. On the other hand‚ the more likely possibility is that there will be asymmetric shocks hitting the different countries. That will mean that the only adjustment mechanism they have to meet that with is fiscal and unemployment:
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Macroeconomic theory essay. Evaluate the theoretical argument that price and wage flexibility allow an economy to correct a negative demand shock. Provide evidence from Japan in the 1990s to illustrate your answer and consider briefly what policy lessons may follow for dealing with the impact of the current world financial crisis. In the year 2007-2008‚ the global economy has been suffering deeply from the impact of the major financial crisis. This event is considered the worst of its kind
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advertisement because the designs on the advertisement is more trendy and refreshing which is more attracted by the teenagers. The new target consumer which is teenagers would get attracted to the advertisement and the products‚ Casio’s G Shock‚ Baby G‚ and Sheen. G Shock is specially designed for guys while Baby G and Sheen are designed for ladies. References 1) Casio. 2013. Only CASIO. [ONLINE] Available at: http://world.casio.com/corporate/onlycasio/. [Accessed 27 September 13]. 2) -. (-). BabyG
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Asset Pricing: Term Paper Topic: Optimal Monetary Policy in the Presence of Asset-Prices Fluctuation I. Why I choose this topic: I interest in the role of asset prices that make a fluctuation of social welfare‚ because there are many crisis that occur from the financial sector. I try to find the papers that have clear explanation on the structure of economy. Specifically‚ how asset prices affect the economy and‚ then‚ how monetary policymakers should response to this effect. Eventually‚
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Exchange is change. Rapid‚ brutal‚ beautiful‚ hurtful‚ colorful‚ amazing‚ unexpected‚ overwhelming and most of all constant change. Change in lifestyle‚ country‚ language‚ friends‚ parents‚ houses‚ school‚ simply everything. Exchange is learning to trust. Trust people‚ who‚ at first‚ are only names on a piece of paper‚ trust that they want the best for you‚ that they care. Trust‚ that you have the strength to endure a year on your own‚ endure a year of being apart from everything that mattered to
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experiment. In this variation‚ both participants are in separate rooms. The learner is strapped with braces to initiate the electric shocks; while the teacher has the control over the shocks when giving word task directions. If answered correctly‚ no shock is given but when answered incorrectly than a shock is given‚ then repeat‚ but if another answer is incorrect‚ the shock is raised another voltage. The researcher will stay in the room with the teacher while performing the experiment. In the other room
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electric shock‚ the muscles contract‚ the heart muscle goes into fibrillation electric shock can result in death AC is much more dangerous than DC An electrical shock is experienced when a person become part of an electric circuit. As a result‚ current enters at one point and leaves by another. The severity of the shock is determined by three main factors: The amount of current flowing through the body; The path of the current through the body. The great majority of electric shocks enter through
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phases for this experiment. In first phase‚ the group 1 dog received a shock it is able to avoid it whereas‚ another group (group 2) of dogs received the shock that cannot be avoided. The time of the shock pass through was the same for both groups. From this experiment‚ the time taken for the first group dog to escape was observed. But for the third group the situation was controlled. The dogs in group 3 does not receive any shock at the first phase. Then the second phase was conducted. This phase is
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Abstract This paper is to employ a vector autoregressive model to investigate the impact of stock market and saving rate on GDP growth. The result indicates that the lagged values of both stock index and saving rate don’t have influence on the current value of GDP. However‚ we find that the lagged value of stock index does have impact on saving rate. We conclude that one of the most important reason lead to this result should due to small sample size and data of saving rate still remains non-stationary
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