unemployment and GDP using AD-AS (5 marks) a) Inflation is the sustained overall or average increase in the price of goods and services over a period of time. With every rise in the price then each unit of currency buys fewer goods and services‚ which can also defined as “inflation reflects the reduction in the purchasing power per unit of money”. This increase in price or the decrease of purchasing power is measured by a price index called as the consumer price index. Inflation has a negative and a
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The reason why CRM can be used in the automotive industry together is three reasons for this - the demand for automotive business‚ automotive market‚ and now re-division of the rapid development of science and technology. From the customer demand‚ customer than before and the purchase of products using a more reasonable number. Customers have been satisfied just to buy products‚ but more concerned about is whether they can get better service‚ and that such services should be personalized. From a
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Economics | | |Sr. No. |Core Areas |Percentage | |1. |Micro-Economics |15% | |2. |Marco-Economics |15% | |3. |Econometrics
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effectiveness of the ZDF BF internal controls could be justified. Figure 4.4 displays the subjects’ response rate. Figure 4.5: Response rate. Source: Primary Data. 4.2 The Nature and Type of Available ZDF BF Internal Control System The discussion‚ on the evaluation of ICS in the dissertation‚ was mostly based on the COSO Integrated Internal Control Framework given its broad concepts‚ applicability to most entities and consolidated history of practice. It is also widely used in public and private sectors
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Fidel Castro was a Cuban communist and politician who governed the Republic of Cuba as Prime Minister from 1959 to 1976 and then the President of Cuba from 1976 to 2008. On January 1‚ 1959‚ a Cuban nationalist named Fidel Castro transferred his guerilla army into Havana and overthrew General Batista‚ the nation’s American-backed president. The Bay of Pigs is a small bay on the southern coast of Cuba that was invaded on April 17‚ 1961 by 1‚400 Cuban exiles organized and armed by the CIA. The invasion
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capital controls as practiced by governments around the world since WWI. Summarize the debate for and against the use of capital controls. An effective answer to the question will involve digging deeper into the information discussed in the case. Specifically‚ the best papers will utilize arguments from the sources detailed in the footnotes of the case (say 3 of the sources). Before World War I‚ there were not that many capital controls simply because of the gold standard that was used. If a country
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1.0 Demand Side Policies In any country’s economy there are demand side policies. In general‚ demand side policies aims to change the aggregate demand (AD) in the economy. AD consists of factors‚ which are consumer spending + government spending + investments + exports – imports [C+I+G+(X-M)]‚ and anything that affects these factors will affect demand. Demand side policies consists of monetary policies which focuses on changing interest rates and money supply
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Fiscal‚ monetary and supply-side are some examples of the policies which government can promote to achieve economic growth or increase real GDP. Practically to increase the economic growth‚ it involve in either aggregate demand or aggregate supply. Demand side policies will comes into place and act as an important role during a recession or market stagnant. It is aim to increase aggregate demand and if there is an excess space‚ it can engage a role in increasing the rate of economic growth. When
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India’s Fiscal Deficit and related issues: * India’s fiscal deficit is 5.2 % of India’s GDP. * Reduction in government expenditure allowed central banks to loosen monetary policy and effectively stimulate private investment and consumption. * Challenges in fiscal deficit- the existing fiscal deficit leaves no space for extra govt. spending on areas of social priority. It reduces the growth of human and physical capital. * It reduce the private sector’s ability to obtain bank financing
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by the government are the common difficulty to enter. Market of oligopoly produces homogeneous and differentiated products. Homogeneous products are products that are the same including terms of branding. For instance‚ homogeneous products that can be found in any hypermarkets are like Nestle‚ Maggie‚ F&N and so much more. Differentiated products are products produced by the hypermarket itself‚ which uses its own branding. Malaysia’s hypermarkets sell at a huge range of products for customers
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