Guadalupe Romel Menorias Ipinasa kay: Gng. Marie Cris G. Escorpion Economic Performance- ginagamit na batayan kung nagagampanan ng pamahalaan at ng iba pang sektor ang kani-kanilang gawain at tungkulin. Economic Indicators Mga panukat sa economic performance ng bansa Mga instrumento upang ilahad ang anumang pag-unlad na narrating ng isang ekonomiya. Ito ang naglalarawan ng kalagayan ng isang bansa Mga Economic Indicators: Gross National Product (GNP) Gross Domestic Product (GDP)
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ECONOMICS the branch of knowledge concerned with the production‚ consumption‚ and transfer of wealth. the social science that studies economic activity to gain an understanding of the processes that govern the production‚ distribution and consumption of goods and services in an exchange economy. SCARCITY: THE NEED TO CHOOSE Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It states that society has insufficient productive
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Southerner experienced drastic developments in between 1830 and 1860. More than the northerners for sure. Cotton was dominant in every way. It controlled half of the exports of the entire nation. If they could succeed as cotton farmers the southerners brought slaves and slavery with them into the southwestern territories of the United States because they knew they would need them. Southerners did not need big cities for they did not have jobs to offer. The North attracted more immigrants than the
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Money Market on the Nigerian Economic Development Mr. Okpe Innocent Ikechukwu Department of Accountancy‚ Enugu State University of Science and Technology‚ Enugu‚ Enugu State of Nigeria Abstract The objective of this study is to examine the impact of money market on the Nigerian economic development; it has been prepared as a contribution to the quest for promotion of entrepreneurship as an engine growth. To access the multidimensional role and medium scale enterprises in bringing out rapid industrialisation
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Economics Answers Define the following terms: 1) Public goods are goods that when produced can be freely consumed by anyone‚ for example the justice system. They are made up of the following goods‚ non-exclusive and non-rival. Non-exclusive goods are goods that people cannot be excluded from consuming‚ it is difficult or impossible to charge for its use which implies no private market as benefits cannot be denied to those who refuse to pay‚ for example public TV. Non-rival goods or
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Terms and Definitions related to Economics Administered price: A price set not by the forces of demand and supply‚ but by some authority like the Government or a regulatory authority. Agenda 21: Programme of action adopted at the Earth Summit in 1992. It has 21 chapters dealing with all aspects of sustainable development‚ conservation‚ and resource management. Appropriation Bill: A bill introduced in the Parliament together with the budget‚ seeking the approval of the House to permit expenditure
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discusses the basics ideas behind economic analysis and how this framework can be used by managers to make better organizational‚ production‚ and pricing decisions. The chapter introduces the important concept of economic Darwinism and provides an overview of the book. CHAPTER OUTLINES MANAGERIAL ECONOMICS AND ORGANIZATIONAL ARCHITECTURE Organizational Architecture Economic Analysis Academic Application: R&D and Executive Turnover Managerial Application: Economic Incentives and the Subprime Mortgage
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countries and the forward premium/discount. Purchasing Power Parity(PPP)- Suggests a relationship between the inflation rate differential of two countries and the percentage change in the spot rate overtime. International Fisher Effect(IFE)-Suggests a relationship between the interest rate between two countries and the percentage change in the spot rate overtime. IFE is based on nominal interest rate differentials‚ which are influenced by expected inflation. Therefore‚ IFE is closely related to PPP
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Macroeconomics Basic economics concepts Basic economics problems Production possibilities curve INTRODUCTION Economics is one of the oldest disciplines among the humanities and is categorized as a social science. Economics examines and analyses the economic activity of people in order to satisfy their needs and desires. Human wants are the starting point of economic activity and provide the basis for economics. Generally‚ economics deals with the economic problems of individuals
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The American Civil War‚ which erupted in 1861‚ was the culmination of a series of profound and divisive events between the North and South. One significant event was the Missouri Compromise of 1820. This legislation was designed to maintain a balance between free and slave states‚ admitting Missouri as a slave state while Maine entered as a free state. Additionally‚ it established the 36°30’ line‚ north of which slavery was prohibited in the Louisiana Territory. Although it temporarily quelled sectional
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