periods of falling real incomes and rising unemployment Depressions: severe recessions (very rare) Short-run economic fluctuations are often called business cycles FACTS: 1. Economic fluctuations are irregular and unpredictable. 2. Most macroeconomic quantities fluctuate together. 3. As output falls‚ unemployment rises. The AD curve shows the quantity of all g&s demanded in the economy at any given price level. Y = C + I + G + NX When an increase happened to C‚I‚G‚(NX or EX) - the
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Environmental Analysis for Car2Go I. Introduction This project has been conducted to do an environmental analysis to the company called Car2go and its membership/sign-up product in Vancouver. The analysis has been done using all the external forces that involves collecting facts about the company through primary and secondary research. The external forces has been divided into 6 categories namely Demographic‚ Socio-Cultural‚ Competitive‚ Technological‚ Economic‚ and Regulatory
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phrase ‘double-dip recession’ which now commonly used in the West. Macroeconomics is concerned with the study of aggregate economy‚ which embodies all nationally relevant economic indicators. The common indicators are the unemployment rate‚ the rate of inflation‚ the GDP per capita‚ economic growth‚ the economic cycle‚ and the labor force. Since 2003‚ Brazil’s economy has been growing steadily. It has been improving its macroeconomic stability despite a small crisis in 2008 which saw its growth rate
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Benson James ECO 372 Fundamentals of Macroeconomics 08 October 2013 The gross domestic product (GDP) is defined as the market value of all goods in any country at any specific time. The gross domestic product is frequently used to establish a country’s wealth or standard of living. Even though the GDP is supposed to determine a country’s economic health‚ many nonbelievers think the gross domestic product does not account for the underground economy. An underground
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Tammy Wang‚ a new customer‚ to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct
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University of International Business and Economics School of International Trade and Economics The Graduate Program in Applied Economics Macroeconomic Analysis October 23‚ 2012 Assignment #4 Instructor: Lin Guijun Email: kouzhun_uibe@163.com Time due: Dec 3‚ 2013 1. The table below show your
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BASIC INTRODUCTION TO MACROECONOMICS‚ TOOLS AND TERMINOLOGIES By- Rhit Srivastava MBA –PM(05) IIHMR Economics • Economics is 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 Types of economics • Macro economics : Concentrate on large picture of economy. • Microeconomics: • Microeconomics deals with behavior of individual market and the business‚ consumer
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Introduction to Macroeconomics Chapter 1 Introduction to Macroeconomics 1.1 INTRODUCTION • • • • • • • Economics is divided into two main branches: microeconomics and macroeconomics. Macro means large‚ and micro means small. Microeconomics takes a close-up view of the economy by concentrating on the choices made by individual participants in the economy such as consumers‚ workers‚ business managers and investors. Microeconomics stresses on the role of prices in business and personal decisions
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Global Variables This writing assignment will focus on global variables. A global variable is a variable every module in a program can see‚ meaning that the entire program is its scope (Gaddis‚ 2010). There are both advantages and disadvantages to using global variables and it is my intention to explore some of them here‚ starting with the disadvantages. There seems to be a lot to be said about the disadvantages of using global variables. First and foremost the scope itself can be a disadvantage
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Two Variable Inequality Katherine Courtney MAT221 Phil Le August 25‚ 2013 Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining
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