Faculty of Economics and Business Administration Exam: Macroeconomics 3.1 Practice Exam Code: not applicable (Practice Exam) Coordinator: Prof. dr. E.J. Bartelsman Date: not applicable (Practice Exam) Time: not applicable (Practice Exam) Duration: 2 hours and 45 minutes Calculator allowed: No Graphical calculator allowed: No Number of questions: 8 (4 True/False/Uncertain Questions‚ 2 Short Problems‚ 2 Long Problems) Type of questions:
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Introduction: Containerization is a system of intermodal cargo transport using standard containers that can be loaded on container ships‚ freight train wagons‚ and trucks. with the high seepd of the economic increase rate‚logistics industry is going to more prosperous. History: From the late 18 th century container in British coal mining area has its origins. In 1795 Bejamin OuNa open which is built in his coal Butterley iron works of the little van Eaton ramp. horse-drawn round on the ramp‚ coal
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production? (a) Land (b) Labor (c) Capital (d) Natural resources [16 marks] 2. In an exogenous growth model‚ growth is caused by (a) capital accumulation. (b) government policies. (c) human capital accumulation. (d) forces that are not explained by the model itself. [16marks] 3. Suppose that two countries share identical levels of total factor productivity‚ identical labor force growth rates and identical savings rates. According to the Solow model (a) the country with the greater initial
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Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
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funding‚ or have some sort of "exit." The only essential thing is growth. Everything else we associate with startups follows from growth. If you want to start one it’s important to understand that. Startups are so hard that you can’t be pointed off to the side and hope to succeed. You have to know that growth is what you’re after. The good news is‚ if you get growth‚ everything else tends to fall into place. Which means you can use growth like a compass to make almost every decision you face. Redwoods
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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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Fundamental of Macroeconomics ECO/372 There are many words out there that people do not think about all the time but these terms are mainly used in the business world. These words are Gross Domestic Product‚ Real GDP‚ Nominal GDP‚ Unemployment rate‚ Inflation rate‚ and Interest Rate. Gross Domestic Product is defined as the market value of all the final goods and services produced within a country during a given period. Real GDP is considered to be a nation’s total output of goods
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Fundamentals of Macroeconomics Week two objectives analyze the impact of various factors on aggregate demand and supply; in addition to evaluating the effectiveness of changes in fiscal policies using Keynesian and Classical models. This paper will explain the following terms: gross domestic product (GPD)‚ real GDP‚ nominal GDP‚ unemployment rate‚ inflation rate‚ and interest rate. As well as describing the effects of purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes
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ECO202 – Macroeconomics Module 2 Case Assignment Dr. Herbert Weinraub GDP: Questions: 1. Assume that consumer spending is $1‚000‚ government expenditures are $300‚ investments by industry are $150‚ and the excess of exports over imports is $200. Compute the GDP. (Please show your work) The basic formula for calculating the GDP is: Y = C + I + E + G C=1000; I=150; E=200 and G=300 Y=1000+150+200+300=1650‚ Y=1650 2. If we are able to increase our domestic energy production‚ and that allows
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The state legislature is considering passing a bill to prohibit anyone from receiving a driver’s license‚ unless he or she has earned a high school diploma. The bill now is the driver must be 16 years old or older to get their license. The driver has to pass their permit test‚ go through driver’s ed‚ then they can go take the test. The age has been 16 for decades‚ and it would be strange to change now. State legislature should not pass this bill‚ because if people who are not high school graduates
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