w w w e tr .X m eP UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Advanced Subsidiary Level and GCE Advanced Level e ap .c rs om MARK SCHEME for the October/November 2007 question paper 9708 ECONOMICS 9708/02 Paper 2 (Data Response and Essay (Core))‚ maximum raw mark 40 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate
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Innovation and Regulation (vi) Failure of Global Corporate Governance Impact of the Economic Crisis on India (i) Offshoot of Globalized Economy (ii)Aspects of Financial Turmoil in India- Capital Outflow Impact on Stock and Forex Market Impact on the Indian Banking System Impact on IT Sector Impact on Industrial Sector and Export Prospect Impact on Employment Impact on poverty (iii) Indian Economic Outlook India’s Crisis Responses and Challenges (i) RBI’s Crisis Response (ii) Government’s
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1. Explain the structure of the federal judicial system. What are the responsibilities of each part of the system? The federal judicial system can be said to be federal courts with limited jurisdiction. This means that they are only allowed to hear cases that have been authorized by the United States Constitution or the federal statutes. The federal judicial system has 3 levels of the federal court system. This is the U.S Supreme Court‚ the U.S Courts of Appeals and the U.S. District Courts.
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1. The three components of the criminal justice system are the police‚ correctional agencies‚ and the courts. The three components work as a system reaching towards a common goal. The systems model explains how the three components relate as a system. An example of the working system model is arrest‚ prosecution and sentencing. The systems model also shows conflict within the criminal justice system. A system work as unit toward the same goal. However‚ different agencies and originations have
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Economics is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society. Economics seeks to understand how those individuals interact within the social structure to address key questions about the production and exchange of goods and services. First‚ how are individual needs and desires communicated such that the correct mix of goods and services become available? Second‚ how does a society provide
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destroyed? How much Direct Materials inventory was destroyed? 2. All of the following are true EXCEPT that indirect costs A. may be included in prime costs. B. are not easily traced to products or services. C. vary with the selection of the cost object. D. may be included in manufacturing overhead. 3. At a breakeven point of 200 units‚ variable costs total $400 and fixed costs total $600. The 201st unit sold will contribute how much to profits? (6 pts)
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|People credited with this unit standard are able to: set‚ agree‚ and update objectives for the work | | |team; develop a plan to achieve the objectives; source‚ allocate‚ and adjust resources to achieve the | | |objectives; and monitor and evaluate the effectiveness of the plan in achieving the objectives. | |Classification |Business Operations
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MANAGERIAL ECONOMICS MEANING OF MANAGERIAL ECONOMICS Managerial economics‚ used synonymously with business economics‚ is a branch of economics that deals with the application of microeconomic analysis to decision-making techniques of businesses and management units. It acts as the via media between economic theory and pragmatic economics. Managerial economics bridges the gap between ’theoria’ and ’pracis’. The tenets of managerial economics have been derived from quantitative techniques such as regression
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Topic: Explain the major components of the legal system. Question: Which of the following is a distinguishing feature of a common law legal system? Answer Rationale: Although in the U.S. legal system guilt must be proven beyond a reasonable doubt in criminal matters and there is an appeal process‚ neither of these qualities is integral to a common law legal system. The opposite of a common law legal system is a legal system where the sole source of law is a comprehensive civil code
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What is Economics? Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction‚ studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions
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