Learning Team Deliverable Week 4 Learning Team Deliverable TA-4D) Recessions seem to show up every so often and create economic hardship. One might think that macroeconomic policymakers could tame the business cycle and implement policies that would end recessions. Are recessions a necessary fact of macroeconomic life? If not‚ what would it take to eliminate them? If they are unavoidable‚ what types of business can benefit from them? How would a recession affect your
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Section – I 1 Citrus Speculation and Forecasting‚ Inc‚ has been hired by a private consortium of orange growers to predict what will happen to the price and output of oranges under the conditions below. What are your predictions? For each part‚ sketch a graph showing the appropriate demand and supply analysis. a) A major freeze destroys a large number of the orange trees in Florida. b) The American Medical Association announces that drinking orange juice can reduce the risk
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Part 2. Total 50 marks ( 10 marks each). 1. Explain why you would be more or less willing to buy gold under the following circumstances: a. Gold again becomes acceptable as a medium of exchange. (2 marks) b. Prices in the gold market become more volatile. (2 marks) c. You expect inflation to rise‚ and gold prices tend to move with the aggregate price level. (3 marks) d. You expect interest rates to rise. (3 marks) Outline of solutions: (a) More‚ because it has become more liquid;
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Here are my musings for chapter 3.This chapter consists of applications – some of which are complex – of the labour supply model to social insurance programs. The central theme of this chapter is the central trade-off that any social insurance program faces between the goal of alleviating economic hardship for those who suffer income losses on one hand and the goal of maintaining reasonably strong incentives to work. In a nutshell‚ these very important programs – which are considered to
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The Differences Between Macro & Micro Economics . Microeconomics • Microeconomics studies business decisions made on an individual level. A small business owner‚ for example‚ must consider all sorts of financial decisions in order to keep a business afloat and operating‚ such as the allocation of resources‚ and must follow the tax and state regulations created by the government. Price levels must also be determined with the help of supply and demand. A business owner must thus need to know how
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1. An article in Marketing News argued that the level of significance used when comparing two products is often too low – that is‚ sometimes you should be using an α value greater than 0.05. Specifically‚ the article recounted testing the proportion of potential customers with a preference for product 1 over product 2. The null hypothesis was that the population proportion of potential customers preferring product 1 was 0.50 and the alternative hypothesis was that it was not equal to 0.50. the p-value
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Long-Term Investment Decisions EC0-550 June 20‚ 2014 Royersford Knitting Mills‚ Ltd.‚ sells a line of women’s knit underwear. The firm now sells about 20‚000 pairs a year at a average price of $10 each. Fixed cost amount to $60‚000‚ and total variable cost equal $120‚000. The production department has estimated that a 10 percent increase in output would not affect fixed cost but would reduce average variable cost by 40 cents. The marketing department advocates a price reduction of 5 percent
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GDCV/GDSS 1875 Uncovering the Stories of Brands Reflective Log (20%) Each student needs to submit a Reflective Log as part of his or her assessed coursework (see assessed coursework instruction sheet). In this Reflective Log you should record and reflect upon your reading‚ class and group work experiences. Entries in this log will help you to identify the knowledge and skills that you have developed during the course. It will also show you where you need to develop further. You should
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In the year of 1963‚ I started school in the first grade. We did not have kindergarten in the little town I lived in. I in Plew‚ Mo about 12 miles from Carthage Mo‚ in my first grade we were on one side of the room and the second grade was on the other side. I cannot remember much‚ but we had a lot of recess time and played for longer periods of time. In 1964 we moved to Pierce City were I spent second grade through 6th grade in the elementary school. We spent a lot of free time out side.
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DC00050206 Professional Practice Two WYP 502 Assignment 2 25thMarch 2013 SWOT/CV Contents Page Reflection P3 – P6 Reference List P7 Appendix List P8 Appendix 1 –Updated CV P9 Appendix 2 –Old CV P10 Appendix 3 – Updated SWOT P11 Appendix 4 – Old SWOT P 12 The purpose of this assignment was to reflect and compare four different documents‚ before analysing the changes made between an updated CV (curriculum vitae) and a SWOT analysis (strengths
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