A production possibilities frontier (PPF) is a curve showing the maximum attainable combinations of two products that may be produced with available resources and current technology. At which point is the country’s future growth rate likely to be the highest? Briefly explain why. Point W (top) because it is where the most resources are used to produce capital goods. What happens if a country produces a combination of goods that efficiently uses all of the resources available in the economy? The
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The article discusses China’s growth in these recent years. It forecasts that China’s growth is not sustainable; thus growth rate will cease next year because the country is operating at full potential‚ facing the risk of overcapacity. In addition‚ China now has to face the severest national debt in its history‚ which puts its economy in extremely vulnerable state. The author also argues that China should stop relying on strong fiscal policy‚ but to initiate an economic reform if it wants to keep
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Using the data and your own economic knowledge‚ assess the case for financing universities mainly through charging fees to their students. Charging of fees means that payments will be taken from students instead of receiving subsidies from the government. Education is a merit good as it produces positive externalities (i.e. a better educated workforce that can increase productivity of the society) and is under-consumed as a result. Alternatives to charging fees include government funding‚ gifting
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Conclusion: The man makes an overall profit of $10 + $10 = $20. You can also look at the problem as follows: The total expenses are $60 + $80 = $140 and the total earnings are $70 + $90 = $160. The overall profit is therefore $160 - $140 = $20. 2. 100 Km/hr because that is the top speed of the bus. 3. The man had to reply the number of characters in the word the Doorman was asking. He should have replied "Three" instead of "Five". 4. There are 5 women‚ 1 man and 14 children.
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Price Indexes 2. Jimmy is an avid candy connoisseur. Last year‚ he purchased 75 Snickers bars costing $2 each and 100 Butterfinger bars costing $1.25 each. This year‚ he purchased 150 Snickers bars for $1.50 each and 80 Butterfinger bars for $2 each. a. Assume that a typical consumer basket includes 50 bars of each type. Compute a consumer price index for each year and determine the percentage change in the index over the two years. The basket cost $162.5 ($2*50+$1.25*50) in the first
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GCSE Set Text – Aeneid II (268-280‚ 298-317‚ 624-654‚ 671-716‚ 768-795) 268 - 280 tempus erat‚ quo prima quies mortalibus aegris It was the time at which the first rest begins for weary incipit et dono divum gratissima serpit. mortals and creeps most welcome by the gift of the gods. in somnis‚ ecce‚ ante oculos maestissimus Hector 270 In my dreams‚ look‚ in front of my eyes Hector most gloomy seemed to stand visus adesse mihi largosque effundere fletus‚ before
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This file POL 310 Week 2 Quiz has solutions on the following questions: 1. The Copenhagen Accord is a: (Points : 1) 2. Carbon equivalency is a useful tool when discussing climate change because greenhouse gases other than carbon: (Points : 1) 3. Carbon dioxide‚ methane‚ and nitrous oxide are examples of: (Points : 1) 4. When a polluting company that seeks to avoid rigorous emissions standards relocates to a country with less rigorous standards‚ it is an example of:
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ACTIVITY 2.4 Q1 (A number of alternative solutions are possible) a) 1. Collected amount due from a customer (increase cash‚ decrease receivables). 2. Purchased land for cash (increase land and decrease cash). b) Paid amount due a creditor (decrease cash‚ decrease accounts payable). c) 1. Owner withdrew cash (decrease cash‚ decrease owner’s capital). 2. Paid rent (decrease cash‚ decrease owner’s capital). 3. Reflected supplies expense (decrease supplies on hand‚ decrease owner’s capital). d) Borrowed
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Student Answer: Has a sponsor or customer. Has interdependent tasks. Utilizes various resources. All of the above are project attributes. Instructor Explanation: Chapter 1‚ page 4-6. Points Received: 5 of 5 Comments: 2. Question : (TCO A) Which step of the project life cycle produces all of the project deliverables? Student Answer: Initiating Planning Performing Closing Instructor Explanation: Chapter 1‚ page 9; Lecture Week 1. Points
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consists of which two key components? Student Answer: the right to act and permission to direct the right to direct and permission to act the right to decide and permission to repair the right to repair and permission to decide 2. Question : The most common form of departmentalization is by _______________. Student Answer: product function geographic region customer 3. Question : Decentralization occurs as an organization grows for all of the following
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