Week 1 Homework Problems Chapter 1 18) You rent a car for $29.95. The first 150 miles are free‚ but each mile thereafter costs 15 cents. You drive it 200 miles. What is the marginal cost of driving the car? A) A marginal cost is the additional cost to you over and above the costs you have already incurred. Hence here the marginal cost is $7.50 26) State whether the following are microeconomic or macroeconomic policy issues: a. Should U.S. interest rate be lowered to decrease the amount
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Pakistan Economic Growth (2000-2010) A: Agriculture: “Agriculture growth rate over the last seven years: Table 1.1: Agriculture Growth (Percent) Year Agriculture Major Crops Minor Crops Livestock Fishery Forestry 2003‐04 2.4 1.7 3.9 2.9 2.0 ‐3.2 2004‐05 6.5 17.7 1.5 2.3
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was designed to investigate the impact of stock market returns on foreign portfolio investment in Nigerian. The objectives of the research are: to identify the relationship between foreign portfolio investment and stock market return‚ inflation rate and stock market returns and to determine the direction of causality between foreign portfolio investment and stock market returns in Nigeria. The data were collected from Central Bank of Nigeria (CBN) statistical bulletin. The data were consequentially
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FACTORS RESPONDSIBLE FOR THE RISE AND GROWTH OF NATIONALISM IN NIGERIA INTRODUCTION No one‚ not even the most far-sighted‚ ever thought that British rule would last for only sixty years. In the early years of colonial rule‚ the idea of an independent Nigeria within so short a time would have sounded ridiculous. “The Whiteman has come to stay as long as men lived‚” boasted an official in 1919. Nevertheless‚ nationalism started early‚ instigated by the need to respond to conquest and new policies
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Africa. The Europeans had many reason for why they wanted to colonize Africa. They were generally all political and economic reasons. It was easy for Europeans to colonize and take over Africa because slave trade had made the Europeans believe that Africans were inferior to them. This was in fact the justification for the Europeans to have such an imperialistic way of thinking. Between the 1870s and 1900‚ Africa faced European imperialist aggression‚ diplomatic pressures‚ military invasions‚ and
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Tracking of Motorized Tricycle in Butuan City Adviser Mr. Neil M. Lastimosa IT Students Merick Jandog Leonardo Magallanes‚ Jr. Joseph Paul Josol Ronald Chua March 2013 CHAPTER I INTRODUCTION Background of the Study Geographic Information Systems (GIS) is an intelligent map which is a vector or raster produced graphical map which contains polygons‚ usually parcels which are linked to an intelligent relational database. Geographical Information Systems‚ are of considerable
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he fear is widerspread among environmentalists that free trade increases economic growth and that growth harms the environment. That fear is misplaced. Growth enables governments to tax and to raise resources for a variety of objectives‚ including the atatement of pollution and the general protection of the environment. Without such revenues‚ little can be achieved‚ no matter how pure one’s motives may be. "Marathon runner threatens to pull out of 2008 Olympics fearing Beijing’s air quality"
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http://www.researchindia.org/EffectsofGlobalizationonIndia.doc Kishore G. Kulkarni‚ Ph.D.‚ Professor of Economics‚ And Editor‚ Indian Journal of Economics and Business (visit: www.ijeb.com) Metropolitan State College of Denver‚ Campus Box 77. P. O. Box 173362‚ Denver‚ CO 80217-3362‚ USA. First draft of this paper was presented in the Oxford Roundtable Conference held in Oxford University‚ UK‚ in July 2005. Author thanks School of Business‚ MSCD for financial assistance‚ and Profs. John
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SOCIAL FACTORS – BUSINESS ENVIRONMENT Introduction: The main factor that affects most business is the degree of competition – how fiercely other businesses compete with the products that another business makes. The other factors that can affect the business are: Social – how consumers‚ households and communities behave and their beliefs. Legal – the way in which legislation in society affects the business. Economic – how the economy affects a business in terms of taxation‚ government spending
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Throughout history‚ geographic features have had an impact on historical and cultural growth of civilizations‚ empires‚ and regions of the world. This statement is proven with many civilizations‚ including the Greeks‚ Phoenicians and Assyrians‚ which were all very prosperous and successful. Many of the accomplishments of the empires above had a lot to do with their location and surroundings of their region. Due to the mountains in Greece‚ a unified empire could not be formed‚ therefore many city-states
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