Name/Student Number: Economics Final Exam College Prep Program Completion Complete each statement. 1. The hope of reward that encourages a person to behave in a certain way is a(n) _______. 2. A bridge is an example of something that is usually provided as a _________. 3. To show how demand for a good will change at specific price points‚ economists use a ____. 4. People will buy more of a good when its price falls and less when its price rises
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There are many high-priority health issues otherwise known as Leading Health Indicators (LHIs) selected by the Healthy People initiative to improve the health of all Americans (U.S. Department of Health and Human Services [DHHS] (2017a). These LHIs encompass every aspect of a person’s life from pre-conception through old age along with actions that can be taken to help the Healthy People initiative attain their set goals. The public health topic that I have chosen to discuss is substance abuse in
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Forecast of AUD/USD: [pic] Table 1: Inflation rate for US and AU in 2012 to 2017 1 [pic] Table 2: GDP growth rate and unemployment rate for AU and US in 2008 to 2017 2 In short term‚ Australia is facing higher inflation rate (2.9%) than the United States (2.1%)‚ this can lead to the domestic market price increase but not much fluctuation for currency exchange rate. Moreover‚ Australia has higher GDP growth rate than United States (3.5% vs 2.4%) and lower unemployment rate than US‚ which
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Personaliyt Test was developed to assess a person’s psychlogical profile and give insight on how they relate to other people . This can be a good tool to determine compatibility in the workplace and give insight on how to communicate with a person. This paper will focus on my personality type‚ whether I belive this is an accurate assessment‚ give some examples best suited for my personality type‚ and reveal whether they appeal to me or not. I will also communicate how my personallity type impacts my professional
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Final Examination of Economics 1.When the money market is drawn with the value of money on the vertical axis‚ if the price level is above the equilibrium level‚ there is an a. excess demand for money‚ so the price level will rise. b. excess demand for money‚ so the price level will fall. c. excess supply of money‚ so the price level will rise. d. excess supply of money‚ so the price level will fall. 2.According to the classical dichotomy‚ when the money supply doubles which
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a high raised bet then watching a movie afterwards. I have some of my money due to the help of the journal‚ but when I save a big amount‚ a tiny simultaneous expense will follow then a big saving will happen again by next week‚ just like what an economics saying is‚ “What goes around‚ comes around.”. Before August end‚ my savings blew up because of different circumstances where my only expense is the fare from home to school and vice versa and due to different school activities where someone will
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Gold Prices Forecast As we all know that gold prices are fluctuating widely over the last few years‚ and a wide increase in the bullion rates has been recorded. According to economists and forecasters‚ there are different reasons of this widespread increase in gold prices. Most of them say that this is because of the relationship between crude oil and gold. And because of this correlation between prices of oil and gold‚ the gold prices are constantly changing but its not the only reason these
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be writing notes to accompany the cash flow forecast. I will be explaining to Sharma and Ryan why a business in general might experience cash flow problems‚ why this can cause difficulties and any potential dangers I can see specific to SIGNature’s cash flow forecast. What is a cash flow and the purpose of it? A cash flow is a measure o the money coming into the business and the money going out of the business on a regular basis. A cash flow forecast predicts in advance what the inflows and outflows
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50 Chapter 5 CHOICE (Ch. 5) x2 = 20. Therefore we know that the consumer chooses the bundle (x1 ‚ x2 ) = (120‚ 20). NAME Choice Introduction. You have studied budgets‚ and you have studied preferences. Now is the time to put these two ideas together and do something with them. In this chapter you study the commodity bundle chosen by a utility-maximizing consumer from a given budget. Given prices and income‚ you know how to graph a consumer’s budget. If you also know the consumer’s
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Measuring Economic Health Paper Measuring Economic Health and Fiscal Policy paper The (GDP) is the most importance measure of the total goods and services in the U.S. economy today and it represents the total summary of the world ’s best system of economic statistics. The United States government organizes pieces of monthly‚ quarterly‚ and annual data from government agencies‚ corporations‚ and private citizens into thousand of statistics‚ such as the consumer price index (CPI)‚ employment
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