ECONOMICS Adam Smith He was a Scottish philosopher during the Enlightenment. (The Enlightenment was an 18th century philosophical movement in Europe that stressed the importance of reason in analysing and investigating.) He wrote ’An Enquiry into the Nature and Causes of The Wealth of Nations’ published in 1776. His main economic ideas were: A nation’s wealth was the total value of its goods and services‚ not the value of its raw materials and precious metals. The value of these goods
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Questionnaire: This questionnaire is part of research for my Economics School Based Assessment (SBA) project. Your response will be greatly appreciated. Topic: An investigation into the factors affecting the demand for Tutti Frutti in Kingston‚ Jamaica Please tick the answer of your choice or write your answer where necessary. What gender are you? Male ( ) Female ( ) How old are you? 18 - 25 years ( ) 26 - 30 years ( ) 31 – 40 years ( ) Over 40 years
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Jordan‚ Jerry‚ “How to Keep Growing “New Economies””‚ Economic Commentary Series‚ Federal Reserve Bank of Cleveland‚ August 15‚ 2000. Summary -Innovations in technology have prompted many economists to reevaluate how technology changes the system in our economic environment as it produced unseen levels of positive economic prosperity. -Some people contend that technology merely adds value to our economy solely as an instrument to speed up data processing‚ but is not a game change; on the
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NAME: ANSWER KEY Econometrics First Test‚ Queens College‚ I. R. Kelly Thursday‚ September 27th‚ 2012‚ 9:25-10:40am Please put all answers on the question sheet. You have one hour and fifteen minutes to finish the test. Best of luck. 1. (6 points) How does a panel data set differ from a regular pooled data set? Give a specific example. A pooled data set is one that combines both time series and cross-sectional data; in other words‚ there are many cross-sectional units over a period of time
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The first military draft in the United States was shortly after the Iraq war. This draft was started by Senator Ernest Hollings and Representative Charles Rangel. There were a lot of people for the military draft but there were also a lot of people against it. The people that were for the draft concluded that it was a good thing for the United States. They said that there was different ways that you could get out of it but why would you want to do that when you could fight for your country in their
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ECONOMICS 100B Professor Steven Wood 10/18/11 Lecture 16 ASUC Lecture Notes Online is the only authorized note-taking service at UC Berkeley. Do not share‚ copy‚ or illegally distribute (electronically or otherwise) these notes. Our student-run program depends on your individual subscription for its continued existence. These notes are copyrighted by the University of California and are for your personal use only. LECTURE: ICLICKER QUESTIONS/ANSWERS: 1.) The Fed can reduce the money supply
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Suggested Answers for Tutorial 8 [Team B] Chapter 31 3. a. When an American art professor spends the summer touring museums in Europe‚ he spends money buying foreign goods and services‚ so U.S. exports are unchanged‚ imports increase‚ and net exports decrease. b. When students in Paris flock to see the latest movie from Hollywood‚ foreigners are buying a U.S. good‚ so U.S. exports rise‚ imports are unchanged‚ and net exports increase. c. When your uncle buys a new Volvo‚ an American is buying a
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• Profitability Procter & Gamble’s Gross Profit Margin (GPM) increased in 2010 by 2.41%‚ however it decreased in 2011 by 1.34%‚ while Net Sales continued to increase from 2009 to 2011. This trend was due to a price fluctuation in Cost of Goods Sold. The GPM directly affected the Operating Profit Margin (OPM)‚ which also increased in 2010 by 0.25% and decreased in 2011 by 1.14%. The Operating expenses were somewhat stable‚ which resulted in the OPM ratios following a similar trend as the GPM
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Urban Sprawl The idea of urban sprawls is one that interests economists. An urban sprawl is the spreading of urban developments on undeveloped land near a city. In the article‚ “Urban Sprawl” by Thomas J. Nechyba and Randall P. Walsh‚ the authors talk about the advantages and disadvantages of urban sprawls. They also explain the consequences of inner-city and suburbs after the urban sprawls have occurred. The problems of urban sprawls are the un-productive congestion of roads‚ high levels of metropolitan
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MGT 3374 Human Resource Management DAY-BY-DAY TOPICS‚ READINGS & ASSIGNMENTS (Version 1-15-14 5) WEEK DAY TOPICS/WRITTEN ASSIGNMENTS/READINGS/ IN-CLASS EXERCISES 1 1-16 Topics to be covered Course purpose and expectations Course assignments and activities Class attendance rules Assigned cases and exercises from: Nkomo‚ Fottler‚ & McAfee‚ Applications in Human Resources Management: Cases‚ Exercises‚ Incidents‚ and Skill Builders‚ 7th ed. (Cengage‚ 2011). ISBN: 0-538-54807-6 Sample
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