Mending a Bad Marriage is the title of chapter nine of the book The Shift And The Shocks written by the English economic journalist Martin Wolf. In this chapter Wolf makes an interesting speculation on the future of the European Union. Wolf compares the European condition to a bad marriage‚ and predicts the different results that will have the possible legacy of the honeymoon‚ the endurance of the bad marriage‚ and the divorce. Finally‚ the author suggests some interesting policies that the EU should
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Automatic vs. stick shift buying a new car might be a great experience. The question is which one is better‚ automatic or stick shift? It all depends in what you would prefer and what do you expect from the car. Saving gas‚ safety and fun are three important reasons to think before making a decision. It’s important that you know your needs are when deciding what type of transmission to get. Do you want a compact car or a larger vehicle? Do you have experience with a stick shift transmission? Will
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macroeconomics known as the Production Possibility Frontier is simple to understand. It is a method used to represent (in the form of a graph) the point in which an economy is producing its goods and services with efficiency. It also shows whether the economy is allocating their resources in the best way possible. If the economy is not producing the quantities indicated by the PPF‚ resources are not being managed efficiently and the production will decrease. The production possibility frontier also shows
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How Athletics Shift The Focus Away From Learning Contrary to what most people think‚ athletics shifts the focus away from learning. Sports require and focus on a lot‚ such as dedication‚ practice‚ critical thinking‚ time‚ effort‚ confidence/responsibility‚ and commitment to a goal. When practicing for a sport athletes should mentally be ready to train‚ listen to their coach’s instructions and apply them instead of just going through the motions. Effort is a big part of dedication which determines
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1 Describe the shifts in the world economy over the last 30 years. What are the implications of these shifts for international businesses based in Britain‚ North America‚ and Hong Kong? Although the question is talking the shifts of the world economy over the past 30 years‚ however‚ since the end of World War II‚ global trade has grown faster than global income. Globalization is the trend in these 30 more years because of the technological change. According to the textbook‚ globalization is defined
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Human Capital: A Strategic Shift” The difference between "Human Resources" and "Human Capital" could be made on the basis of the simplest explanation from dictionary. "Resources" have been defined as "The total means available for economic and political development‚ such as mineral wealth‚ labour force and armaments. An available supply that can be drawn on when needed." "Capital" is defined as "Any form of wealth employed or capable of being employed in the production of more wealth Capitals are
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Outline how the production possibility frontier can be used to demonstrate opportunity cost and examine how the effects of unemployment and technical change on production in the economy. A production possibility frontier is a basic model that can examine the efficiency of an economy’s resource use‚ irrespective of the wants of that economy. A production possibility frontier is the simplest tool usable to demonstrate opportunity cost‚ at all possible combinations of two goods in production‚ the extremes
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Page 1 of 2 BAYLHAM CARE CENTRE POLICY No : 01 - 153 JOB DESCRIPTION - CARE ASSISTANT – DAY/NIGHT SHIFT Version 2 Updated October 2012 Reporting to: Ms. Fairburn-Dorai Accountable to: Ms. Vikki Brewer Main Purpose of the Role To effectively assist in the management of the delivery of care support services to older people and to those with a range of disabilities living in the nursing home in accordance with the company’s policies‚ procedures and practices and according to specifications
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Bicycle Thieves (1948) and Pickpocket (1959) are two films revolve around the morality of theft. Both director Vittorio De Sica’s Bicycle Thieves and Robert Bresson’s Pickpocket tell tell a similar story‚ and wonderfully use perspective and camera movements to tell them. Bicycle Thieves follows Antonio Ricci (Lamberto Maggiorani) as he struggles to provide for his wife Maria (Lianella Carell) and his son Bruno (Enzo Staiola). Antonio gets a job‚ but needs a bicycle in order to fulfill his employment
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Date: Topic: Production Possibilities & Opportunity Cost 1. The slope of the production possibility frontier shows A. the technically efficient combinations of the two goods B. how factor inputs must be changed to keep them fully employed C. the opportunity cost of one good in terms of the other D. how consumers are willing to trade one good for another 2. A. OM B. OH C. YF D. MH 3. Which of the following will not shift a country’s production possibilities frontier outward?
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