Why do Wages Differ Across Occupations? There is substantial variation in wages across occupations. Most professional athletes earn more than medical doctors‚ who earn more than college professors‚ who earn more than janitors. We will see that the wage for a particular occupation will be high if the supply of workers in that occupation is small relative to the demand for those workers. Always the supply curve intersects the demand curve at a high wage. The supply of workers in a particular occupation
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1. How would Lemert explain street level drug sales? Lermert would explain street level drugs sales in a few step. Step one would be the youth or individual steals something minor‚ like something from a close friend‚ neighbor‚ or family. Step two would be the informal social reaction where the victim‚ get angry and upset. Step three would be the offender continues to continue to engage in street level drugs. Step four‚ There is increase informal social reaction. Possibly from family members who are
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M/J13 Paper 21 With the help of diagrams‚ analyze the factors that will lead to an increase in aggregate demand in an economy‚ and discuss whether this increase is more likely to have an impact on inflation or unemployment in that economy. [12] Aggregate demand is the total spending on an economy’s goods and services at different price levels in a given time period. It consists of 4 components which are consumption‚ investment‚ government spending and net exports. When curve for aggregate demand
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How effective would an increase in government spending be at promoting economic growth? Economic growth is best defined as a long-term expansion of the productive potential of the economy. Sustained economic growth should lead higher real living standards and rising employment. Short term growth is measured by the annual % change in real GDP. Government spending is a way of increasing aggregate demand‚ and if successful can help boost economic growth. Government spending tends to be directed at
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Assessable income=ordinary income + statutory income. Ordinary income: income deriving from the courts (s6-5) Negative propositions: items that are not income by ordinary concepts: 1.Amounts not convertible into money :In Tennant v Smith (1892) free accommodation provided to a bank manager was held not to be ordinary income because building could not be sub-let and the benefit thereby converted to money. In FCT v Cooke & Sherden (1980) an incentive prize offered by a manufacturer was not income of the
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Increasing the stimulus amplitude will increase the contraction force. Due to two conditions being satisfied: (1) the strength of the contraction force is changed through varying the number of muscle cells utilized for the contraction and/or varying the frequency of the stimulus‚ and (2) there is a distribution of the stimulus amplitude necessary to cause an action potential in the muscle cells‚ increasing the stimulus amplitude makes it likely that a potentially larger number of muscle cells will
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Benefast Partners HRIS Package: Flexibility and Focus Increases Performance Patricia Shedd Dr. Mathew D. Gonzalez Human Resource Information Systems (HRIS)-HRM 520 October 21‚ 2011 Benefast Partners HRIS Package: Flexibility and Focus Increases Performance 1. IDENTIFY THREE CRITICAL SUCCESS FACTORS THAT BENEFAST PARTNERS SHOULD CONSIDER FOR ITS HRIS SYSTEM. Three critical success factors that Benefast Partners should consider for its HRIS system are as follows: an analysis of
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Conversational Selling Top agents makes as much as 30% of their business from for sale by owners (FSBO). Anyone who wants to build a bigger and stronger business will prospect FSBOs since they are a constant and continuous source of business. Don’t let somebody talk you out of this great prospecting source‚ because FSBOs should be a key component in building your business. We have included a few steps in which we are outlining the conversational selling process. Contact Landvoice at 888-678-0905
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An Increase in Light Intensity Increases the Rate of Respiration M. Chauntise‚ S. Shaika‚ R. Shantal INTRODUCTION The sun plays a vital role in sustaining an entire living world whether indirectly or directy using a transformation process called photosynthesis. This process assists in nourishing plants and keeping them alive. For example‚ trees grow very tall in the rainforest where there is an abundance of water in order to reach as much light as they can. For this reason‚ in order to survive the
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working at “Edelweiss” studies the ways to increase the client base‚ thus we analyze the investor‟s behavior which includes understanding the concerns a person has towards Stock Market‚ the investing patterns‚ research interest and risk appetite. Thus helping the company to improve its product and marketing strategy. We also have to keep a track of the competition in the market‚ the database used to tap potential clients‚ technology used for sales and after sales services and bottlenecks faced by the
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