move the supply curve to the left. Answer No. 2 Full Employment: AD 2 1 100 180 AD 2 1 100 180 Economic boom : :1 AD1 2 1 80 200 AD2 140 AD1 2 1 80 200 AD2 140 Recession: P Y AD1 2 1 80 200 AD2 140 P Y AD1 2 1 80 200 AD2 140 Short Run and Long Run Aggregate Supply Curves Full Employment YP=140 P 2 1 LRAS YP=140 P 2 1 LRAS Economic boom 2 1 AS YP=140 2 1 AS YP=140 Recession: P Y 1
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Econ 214 Problem Set 4 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? A financial assest is included in the M1 money supply when it can be quickly converted into the physical form of money‚ such as dollars and coins. Interested-earning checkable deposits are included because it can be quickly accessible without limitations
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Tan contends that inequalities are problematic only insofar as they are originated in social institutions. He draws on Rawls‚ who writes that “natural facts in themselves are neither just nor unjust; what is just or unjust is “the way the basic structure of society makes use of these natural differences and permits them to affect the social fortune of citizens‚ their opportunities in life‚ and the actual terms of cooperation between them.”” (Tan‚ 2008‚ 671) As such‚ social justice is concerned with
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University Case Study 1: Globalization of Wal-Mart Please refer to the Mini-Case 9.1‚ “The Globalization of Wal-Mart” on page 251 and answer the following questions: 1. Why has Wal-Mart viewed international expansion as a critical part of its strategy? International expansion is different from the domestic expansion because geography areas‚ culture‚ tradition‚ behaviors and characteristics of the consumers are not similar‚ thus the management‚ concepts and strategies will be different in
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Introduction Lawsuits are going to be filed every day‚ you can file a suit against anyone whether there is merit for it or not. We sometimes find ourselves in front of a judge for issues that we find unjust‚ Lacking Facts and merit that are definitely not meant for justice to be served but more of unethical reasons. We often call these situations Frivolous injustice. Frivolous lawsuits are normally lawsuits that will be brought to the courts lacking factual evidence and the outcome is that they
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CHAPTER 2 EXERCISES & PROBLEMS SOLUTIONS E2.1. Category Financial Statement(s) Cash…………………………………………… A BS Accounts payable…………….……………….. L BS Common stock………………………………… OE BS Depreciation expense………………………….. E IS Net sales……………………………………….. R IS Income tax expense……………………………. E IS Short term investments………………………... A BS Gain on sale of land……………………………. G IS Retained earnings……………………………… OE BS Dividends payable……………………………
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QUESTION Often in practice‚ necessity and private defence has always been confused. Discuss the fundamental differences between the two. DISCUSSION The two grounds of justification known as necessity and private defence are closely related. In both cases the perpetrator protects interests which are of value to her‚ such as life‚ physical integrity and property‚ against threatening danger. The distinctions between these two grounds of justification are the following (Snyman C.R: 2008): (1) the origin
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Part I 1. According to Garcia‚ what is communication? What is strategy? According to Fred Garcia communication is most powerful tool it should be used effectively or it can cause self-inflicted harm. Here the term effective communication isn’t about pushing information to audience. Strategy is a process of ordered thinking: of thinking in the right order. 2. What subliminal messages did Bill Gates’ send to audience at DEC World? Bill Gates regaled his audience with tales of his house. He was utterly
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BUS 665 Strategic Marketing Case 2- Starbucks Wenjing Zhang Jun Myers January 25‚ 2013 Briefly synthesize the key information presented in the case Starbucks today is one of the world’s best known brands. Howard Schultz built an amazing coffee empire. Mr. Schultz had a vision of selling high quality coffee in a comfortable and enjoyable atmosphere. And he was not only a good visionary but also a great leader who cares about employee health benefits and allow to employees working more than 20
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Statistics Problems 1) Ask 10 people (try to get 5 males and 5 females) the following questions A) Their ages B) How many vitamins they take daily C) How many carbonated sodas they drink each day D) How many alcoholic beverages they drink per month E) Write your own question. Ask your participants if they agree with something or if they do something. For example‚ you may want to ask them if they eat popcorn when they go to the movies or if they support a political issue. It must be a yes/no
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