AGGREGATE DEMAND - the total spending on goods and services in a period of time at a given price level C + I + G + (X – M) C = Consumption o The total spending by consumers on domestic goods and services ▪ Durable goods: used by consumers over a period of time (i.e. cars‚ computers‚ mobile phones) ▪ Non – durable goods: used up immediately or over a short time span (i.e. rice‚ toilet paper‚ newspapers) o Causes of change in consumption ▪ Changes in income –
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ECONOMIC GROWTH is the long term expansion of a country’s productive potential Short term growth is measured by the annual % change in real national output – this is mainly driven by the level of aggregate demand (C+I+G+X-M) but is also affected by shifts in SRAS Long term growth is shown by the increase in trend or potential GDP and this is illustrated by an outward shift in a country’s long run aggregate supply curve (LRAS) Key drivers of growth There have been numerous research studies in
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in industries that are highly concentrated. Where companies are unable to compete on price‚ advertising is fundamental to promote the subtle differences between products. Advertising has gone beyond informing people of the benefits of a product and how to obtain it and has moved into the area of market creation‚ Hiding behind globalization and partial truths‚ advertising has become morally questionable by promoting gluttony‚ vanity‚ materialism‚ and other unhealthy ways of thinking in order to create
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MACROECONOMIC POLICIES THERE ARE TWO TYPES OF MACROECONOMIC POLICIES. FISCAL POLICIES & MONETARY POLICIES THESE POLICIES CAN BE FURTHER DIVIDED INTO TWO SEPERATE POLICIES FISCAL POLICIES CONSIST OF DEFLATIONARY FISCAL POLICY AND REINFLATIONARY/REXPANSIONARY FISCAL POLICY MONETARY POLICIES CONSIST OF TIGHT MONETARY POLICY AND LOOSE MONETARY POLICY DEFLATIONARY FISCAL POLICIES AND TIGHT MONETARY POLICIES WILL OFTEN BE USED IN CONJUCTURE DURING TIMES IN WHICH INFLATION IS ON THE RISE
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The Blind Side The Blind Side In the context of this extraordinary real life story a boy‚ depending on which society you come from he came from “The other side of the tracks” or “The wrong side of the tracks”. The story is about a young black kid who is shuffled between the welfare system‚ Foster homes that he runs away from and the mother (a drug addict) that has let him down. Big Tony takes him along I think as leverage to get his own son in to a Catholic school because they can both play
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“In the children’s novel “The Other Side” the author uses tone‚ symbolism‚ and audience within the writing. Throughout history there have been numerous accounts of racial discrimination. The author uses a fence to show the barrier between blacks and whites that needs to be broken down. The author Jacqueline Woodson uses Clover and Annie as two different colored girls that become good friends and break down a racial barrier‚ in which case is a fence separating them. The fence is the main symbol
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DESIGN OF QUESTION PAPER ECONOMICS Class – XII Marks – 100 1. Duration – 3 hrs. Weightage by type of questions Type Number of questions Long answer questions Short answer questions I Short answer questions II Very short answer questions 2. 6 4 3 1 Total Estimated time a candidate is expected to take to answer 36 60 minutes 24 36 minutes 30 50 minutes 10 15 minutes Weightage by content Unit No 1 2 3 4 6 7 8 9 10 3. 6 6 10 10 Mark
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Many movies and books have moral lessons or ethical dilemmas and the movie “The Blind Side” is no different. This movie will capture many hearts to those who are in touch with their own morals. It is based on a true life story of an African American boy named Michael who lives in a bad section of the city. Michael is slow at learning and keeps to himself for the most part. At school he comes across another boy in school named S.J. Tuohy‚ who is quite a bit younger but tries to talk to Michael. After
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Fiscal Policy The people of the United States are by the fiscal policies. Team C will address the how and why the U. S. budget deficits‚ budget surpluses‚ and debt affect different individuals and institutions. There is a wide array of individuals affected by fiscal policy‚ which include tax payers‚ future Social Security and Medicaid users. The unemployed individuals and University of Phoenix students will be affected by fiscal policy. The U.S. financial reputation‚ an exporter‚ and importer
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government devoted entirely to developing policies meant to provide affordable housing for low-income families. This department is known as HUD (U.S. Department of Housing and Urban Development). Through the years‚ many policies have been proposed and enacted but none have done as much for lowincome households as the voucher programs. Accounting for just over 40% of HUD’s budget in 2009‚ vouchers have proven themselves to be the largest and most effective demand-side housing subsidy to date. It currently
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