services in an economy. It is the services performed by workers for wages as distinguished from those rendered by entrepreneurs for profits. On the other hand‚ employment is an activity in which one engages or is employed. It also refers to a contract between two parties‚ one being the employer and the other being the employee. In a commercial setting‚ the employer conceives of a productive activity‚ generally with the intention of creating profits‚ and the employee contributes labour to the enterprise
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INSTRUCTIONS ON “HOW TO REFERENCE” Bibliography: Citations must be consistent in author name(s) (spelling and name order) and publication date between the text and the bibliography at the end. Any reference in the text must be matched by a full entry in the end bibliography. Entries in the bibliography must be matched by entries in the text; if nor they should be deleted. Citations must include all information necessary to enable the reader to locate the referenced publication. The examples
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Macros are commands that symbolizes a sequence of instructions in an abbreviated form. Those instructions consist of a symbol‚ a name‚ or a key that represents a list of commands‚ actions‚ or keystrokes. A macro is a shortcut to for a task that you do repeatedly (Microsoft Word Macros). In programs like‚ Microsoft words‚ Microsoft Excel‚ and other programs‚ a macro is a saved sequence of commands or keyboard strokes that can be stored and then recalled again with a single command or keyboard stroke
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PRINCIPLES OF ECONOMIC (DIFFERENCE BETWEEN MICROECONOMICS AND MACROECONOMICS) CERTIFICATE IN ESTATE AGENCY (CEA) HAFIFI BINTI HAMDAN 940113-10-5504 LECTURER: MRS. NORZIHA BINTI ISMAIL DIFFERENCE BETWEEN MICROECONOMICS AND MACROECONOMICS The study of economics is divided into microeconomics and macroeconomics by the modern economists. Both of them discuss the economic activities but are used in different sectors under different circumstances. In spite of having some similarities‚
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was the Son of The Father‚ God‚ while the founder of Buddhism‚ Siddhartha Gautama was a normal human being‚ who achieved enlightenment through meditation and later on was referred to as The Buddha(The Awakened). This brings us to the first major difference‚ the existence of the supernatural. While Buddhism does not completely reject the Hinduism Gods‚ it does not see them necessary. At the same time‚ Christianity has its one and only God‚ who comes in three faces‚ The Father‚ The Son and The Holy
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Assignment One – Child and young person development Task 2 – Explain the difference between sequence of development and rate of development and why the difference is important. The sequence of development is the order in which development takes place. Although some stages of development may be missed (for example some babies do not crawl and go straight from shuffling to walking) the sequence is usually followed by children and the order usually remains the same. The rate of development
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Task 2 CYP 3.1 (1.2) Explain the difference between sequence of development and rate of development and why is this difference important. Sequence of development refers to the normal sequence in which children learn different skills‚ and the rate of development refers to the speed in which a child will develop. However‚ according to Burnham et al (2010) the difference between the sequence of development and the rate of development is that the sequence refers to the normal or expected sequence
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that exit an industry due to low profits release their resources to be used more profitably in other industries. Firms that enter an industry chasing higher profits bring with them resources that were less profitably used in other industries. Both processes increase allocative efficiency. In the long run‚ the market price of a product will equal the minimum average total cost of production. Thus‚ long run economic profits are zero. 7. The basic
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macro ch 13 savings & investment True/False Indicate whether the statement is true or false. ____ 1. Most entrepreneurs finance their purchases of real capital using their past saving. ____ 2. To state that national saving is equal to investment‚ for a closed economy‚ is to state an accounting identity. ____ 3. Public saving is equal to national saving minus private saving. ____ 4. To state that public saving is equal to investment‚ for a closed economy‚ is to state an accounting
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CYP3.1 Outcome 1.2 Explain the difference between sequence of development and rate of development and why the difference is important. It is important to know the difference between the sequence and the rate of development as it helps to identify the Childs needs during the stages of their school years. It is crucial to plan effectively ensuring the child receives the support they need in the areas they find most difficult in‚ for example physical development shows a pacific pattern; a baby
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