February 26‚ 2014 Mariana Rangel Celis NU ID 001189394 TA Carlos Casso Homework 5: The Business Cycle‚ Unemployment‚ and Inflation 1. What is the definition of the business cycle? Draw the business cycle model. Identify the 4 phases of the business cycle‚ label the points of interest‚ and show the US economy where it is today. What is the definition of full employment RGDP? (AKA the natural rate of unemployment). What must be true before it can be stated that a country is in a recession
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patient outcomes by developing Nursing Sensitive Indicators. Nurses are often the first and most often seen face at the bedside‚ providing direct patient care and therefore have the most potential of directly affecting the quality of care and safety of patients. Nursing Sensitive Indicators are a collection of outcomes for patients‚ defined as being directly affected by the quality and quantity of nursing care. Increasing the awareness of these indicators to hospital staff provides the tools for continuous
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Marita Sanders Wal-Mart Economic Indicators November 14‚ 2010 According to About.com (2010)‚ economic indicators are economic statistics that indicate how well the economy is doing and how well the economy will do in the future. Economic indicators can range from unemployment to the inflation rate. Economic indicators are not the same across the board‚ and will vary from industry to industry and company to company. Although Wal-Mart is a very successful company‚ there are still many areas
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Faculty of Economics and Business Administration Exam: Macroeconomics 3.1 Practice Exam Code: not applicable (Practice Exam) Coordinator: Prof. dr. E.J. Bartelsman Date: not applicable (Practice Exam) Time: not applicable (Practice Exam) Duration: 2 hours and 45 minutes Calculator allowed: No Graphical calculator allowed: No Number of questions: 8 (4 True/False/Uncertain Questions‚ 2 Short Problems‚ 2 Long Problems) Type of questions:
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1) Use the AS/AD framework to show the separate effects on GDP‚ inflation and public sector borrowing on any single national economy of: a) cut in public spending b) an increase in the rate of VAT (sales tax) c) a slowdown in the GDP growth of less developed economies. (Make sure that you include clear and appropriate diagrams for this question) According to Begg and Ward (2009) fiscal policy is the government’s decisions regarding taxation and spending to influence level
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Language as a Cultural Indicator There are over 3‚000 languages in the world. The major language groups are: Chinese | 950 million speakers | English | 550 million speakers | Hindi | 350 million speakers | Spanish | 330 million speakers | Portuguese | 180 million speakers | Language and Culture Language is a powerful expression of culture and is closely associated with identity. * Language is a means of uniting people. * Language is also a means of controlling people. (Gaeilge)
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The Cabbage Indicator Experiment My hypothesis for this experiment is if I put an acid or a base in to a neutral then it will change colors. My hypothesis was correct in assuming that it would change colors with different substances or mixtures. If I put an acid or a base in to a neutral then it will change colors. The red cabbage indicator did change colors. Greens for bases and reds and pinks for acids. An alternative hypothesis for this could be “If the red cabbage indicator is purple then adding
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Chapter 36: Six Debates over Macroeconomic Policy 1. Should monetary and fiscal policymakers try to stabilize the economy? 2. Should the government fight recessions with spending hikes or tax cuts? 3. Should monetary policy be made by rule rather than by discretion? 4. Should the central bank aim for zero inflation? 5. Should the government balance its budget? 6. Should the tax laws be reformed to encourage saving? Debate #1 1. Should monetary and fiscal policymakers try to stabilize the economy
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Lecture 1 • Money is anything that is generally accepted in payment for goods and services or the repayment of debts • Wealth is the set of properties that serve to store value • Income is the flow of wealth accumulation per unit of time • The oldest form of exchange is barter‚ which requires a double coincidence of wants • The oldest form of money is commodity money: money is made out of a valuable commodity‚ like gold for example • We now use fiat money:
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Question 1 1. Economics studies _____. How society manages its scarce resources social welfare ethical use of resources protection of workers’ rights 5 points Question 2 1. GDP ______ Is the Gross Domestic Price Index Measures the market value of all final goods and services produced in the U.S. in a given year Measures the cost of inputs to factories in a given year Measures the unemployment rate 5 points Question 3 1. Inflation results in _____. A general decrease in
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