Kyoto´s Protocol signed by European Countries in 1997 made Eurozone commits itself to reducing their CO2 emissions by 5% (referred to 1990 figures) [1]. In order to achieve such a reduction all countries were forced to their own abatement figures and also to incorporate environmental policies to their legislations. The EU Commision´s 2007 and 2008 communications and proposals were the basis of Directive 2009/28/EC where Strategy 2020 was established. The basic core of this strategy is 20/20/20:
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describe charts and graphs in Part 1 of the Academic Writing test A1. Lesson Plan 1. Warmer: In pairs the students answer the following questions: “What type of music do you like?” “How do you buy and listen to music?” “How are your choices in music different to your parents or people of other generations?” Timing 3 mins 2. Give out A2. Classroom Handout 1 to each student. Focus the students on the graph. In pairs or small groups‚ the students discuss the graph and any general trends
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Draw ENTITY RELATIONSHIP DIAGRAM (ERD) for the following requirement: 1. Students take courses in a college 2. Customers have accounts in a bank 3. People own vehicles 4. Employees manage projects 5. Machines are made up of parts 6. A college offers several courses. Attributes of the course include course code‚ name and credits. Each course may have zero or more subjects 7. Hotel (HotelNo‚ Name‚ Add‚ TelNo) Room (RoomNo‚ HotelNo‚ Type‚ Price) Booking (HotelNo
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PRODUCTION POSSIBILITIES CURVE: A curve that illustrates the production possibilities of an economy--the alternative combinations of two goods that an economy can produce with given resources and technology. A production possibilities curve (PPC) represents the boundary or frontier of the economy’s production capabilities‚ hence it is also frequently termed a production possibilities frontier (PPF). As a frontier‚ it is the maximum production possible given existing (fixed) resources and technology
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1. Suppose there are 100 consumers with identical individual demand curves. When the price of a movie ticket is $8‚ the quantity demanded for each person is 5. When the price is $4‚ the quantity demanded for each person is 9. Assuming the law of demand holds‚ which of the following choices is the most likely quantity demanded in the market when the price is $6? Explain and show calculations‚ While the question asks of the choices given what the quantity demanded will be‚ there are no choices
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ECON 1. (Demand Under Perfect Competition) what type of demand curve does a perfectly competitive firm face? Why? A horizontal or a perfectly elastic‚ demand curve. A perfectly competitive firm is called a price taker because that firm must “take‚” or accept‚ the market price- as in “take it or leave it.” 2. Explain the different options a firm has to minimize losses in the short run. A firm in perfect competition has no control over the market place. Sometimes that price may be so low
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to now‚ the twenty-first century. I don’t think anything will be the same in the world after the Holocaust. Elie Wiesel talks about the indifference of love and hate‚ the indifference of beauty and ugliness‚ the indifference of faith and heresy‚ finally the indifference of life and death. Elie Wiesel stated‚” And the opposite of life is not death‚ but indifference between life and death.” Don’t put somebody else’s life in misery‚ just because you’re impassive about them. Adolf Hitler put so many Jews
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BEA111 Online Quizzes 1-6 Quiz 1 1. Economics is best defined as the study of how A. prices and quantities of goods and services are determined in markets B. private firms and households respond to taxes and subsidies C. people make choices in the presence of scarcity and the results of those choices. D. interest rates and exchange rates are determined 2. The scarcity principle implies that A. people will never be satisfied with what they have B. as wealth increases
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context of the production possibilities curve‚ opportunity cost is measured in: a. Changing in technology b. Ringgit paid for the goods c. The value of the resources used d. The quantity of other goods given up 4. If an economy is producing at full employment‚ it means that: a. The economy is producing at a point to the left of the production possibilities curve b. The economy is producing along its production possibilities curve c. There are idle resources in this
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about real prices and wages when they set nominal prices and wages. If expected inflation is higher‚ newly set prices and wages will be higher. d Draw the relevant AS curves showing what will happen if expected inflation falls. Label everything and discuss (typed). When the inflation falls‚ the AS curves shit upward‚ because the price level will increase. SECTION TWO: 2 points Explain for each event whether it changes the short-run aggregate supply‚ long-run
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