Fundamentals of Macroeconomics Lisa Rasch ECO/372 June 18th‚ 2012 Sigmund Karczewski Fundamental of Macroeconomics Part 1 * Gross Domestic Product (GDP)- GDP is the value of all goods and services that have been produced in a country within a period of time. * Real GDP- Real GDP refers to the value of all goods and services that has been adjusted for inflation or deflation. * Nominal GDP- Nominal GDP refers to the value of all goods and services that has not been adjusted for
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Boyle’s Law - Solutions 1) If I have 5.6 liters of gas in a piston at a pressure of 1.5 atm and compress the gas until its volume is 4.8 L‚ what will the new pressure inside the piston be? P1V1 = P2V2 (1.5 atm)(5.6 L) = (x)(4.8 L) x = 1.8 atm 2) I have added 15 L of air to a balloon at sea level (1.0 atm). If I take the balloon with me to Denver‚ where the air pressure is 0.85 atm‚ what will the new volume of the balloon be? P1V1 = P2V2 (1.0 atm)(15 L) = (0.85 atm)(x) x = 18
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is * Sulfur mustard is a type of chemical warfare agent. These kinds of agents are called vesicants or blistering agents‚ because they cause blistering of the skin and mucous membranes on contact. * Sulfur mustard is also known as “mustard gas or mustard agent‚” or by the military designations H‚ HD‚ and HT. * Sulfur mustard sometimes smells like garlic‚ onions‚ or mustard and sometimes has no odor. It can be a vapor (the gaseous form of a liquid)‚ an oily-textured liquid‚ or a solid
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International Business Assignment 3 A Pipeline of good Intentions 1- What is the “oil curse”? Why do you think it develops? The oil curse (Paradox of Plenty) refers to the paradox that countries and regions with an abundance of natural resources‚ specifically point-source non-renewable resources like minerals and fuels‚ tend to have less economic growth and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons‚ including
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1. Introduction The aim of this essay is to name and identify the various theories of personality as well as explain the theoretical concepts within these theories. The assignment will also cover the similarities and differences within the two theories. It is also shown that the two theoretical approaches of personality chosen will be discussed by explaining the structure within the personality theory‚ the methods of gathering data and the strengths and weaknesses of the two theories. The theories
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CHAPTER 1: SELF-ASSESSMENT TEST The value of information is directly linked to how it helps decision makers achieve the organization’s goals. 1. A(n) _________________ is a set of interrelated components that collect‚ manipulate‚ and disseminate data and information and provide a feedback mechanism to meet an objective. 2. What consists of raw facts‚ such as an employee number? a. bytes b. data c. information d. knowledge Knowing the potential impact of information systems and having
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Oil & Gas Valuation – Quick Reference http://breakingintowallstreet.com Oil & Gas Valuation: Comparable Public Companies & Precedent Transactions Picking a set of comparable companies or precedent transactions for an oil & gas company is very similar to how you would pick them for any other company – here are the differences: 1. Rather than cutting the set by revenue or EBITDA‚ you would instead select the set based on Proved Reserves or Daily Production (in addition to the normal geographic and industry criteria)
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------------------------------------------------- Abstract In the last few decades‚ membrane technology has been a great attention for gas separation technology especially for natural gas sweetening. The intrinsic character of membranes makes them fit for process escalation‚ and this versatility could be the significant factor to induce membrane technology in most gas separation areas. Membranes were synthesized with various materials which depended on the applications. The fabrication of polymeric
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Looking for a Gas Gas is everywhere. There is something called the atmosphere. That’s a big layer of gas that surrounds the Earth. Gases are random groups of atoms. In solids‚ atoms and molecules are compact and close together. Liquids have atoms that are spread out a little more. Gases are really spread out and the atoms and molecules are full of energy. They are bouncing around constantly. Gases can fill a container of any size or shape. It doesn’t even matter how big the container is. The
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Q.: 1: The manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job‚ GDP would have been higher‚ even though the amount of output would have been identical. Why is this? Does this make sense? A.: 1: If a secretary were hired to type the manuscript‚ they would have had the opportunity to provide a service at a price. We know that each good and service produced and brought to market has a price. That price serves as a measure of value for calculating total
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