ANSWER SCHEME ECO551/553 APRIL 2010 QUESTION 1 a) A barter trade system is a system whereby people exchange goods for other goods. ( with example) b) There are many problems facing the barter trade. Three of these problems are: i) Double coincidence of wants ii) Rate of exchange iii) Divisibility ( with explanation) (b) The four functions of money are as follows: i) Medium of exchange ii) Unit of account iii) Store of value iv) Standard for deferred payment
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Drug Use in Our Welfare System A common problem in today’s welfare system is the use of drugs. Substance abuse and addiction often interfere with a parent’s ability to get and keep jobs as well as contributes to child abuse and neglect. Addicted mothers show several deficits in their parenting behaviors. They are usually unengaged‚ uncommunicative with their infants‚ often use threatening and authoritarian disciplinary approaches. They also have a higher incidence of child abuse and neglect
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How do different economic systems affect quality of life? The mixed economy gets the best of both worlds. I believe that the planned economy is a last resort and a not smart idea. My reasoning behind this is the fact that the government should not have full control over the economy‚ but I believe the citizens should have a voice‚ and that voice should be recognized. When the economy is a mixed‚ citizens have a voice‚ but so does the government. In my opinion‚ I think that the mixed economy
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* Developing Yourself as an Effective Human Resources Practitioner * Date | | Name | | Unit Number | 4DEP (HR) | Level | Foundation | Total Number of Words | 1535*(+ or -10% or 150 words)(Excluding References‚ Endnotes and Bibliography) | Statement | I confirm that the work I have submitted for Unit 4DEP (HR) Developing Yourself as an Effective Human Resources Practitioner is my own. | | Signature: | | Date: | | | | | Print Name: | | | | Tutor | Signature:
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Slavery in the United States: Attempts at and Failure of Compromise The Path to Civil War Ms. Wallace • Sobrato High School Thursday‚ November 3‚ 2011 It all started at the Constitutional Convention The Three-Fifths Compromise Allowed southern states to count 3/5 of their slave populations for purposes of determining how many representatives they would receive in Congress. Since the number of electors a state receives in the electoral college is based on the number of members of Congress it has
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University of Hertfordshire Business School <MSC INTERNATIONAL BUSINESS> <THE IMPACT OF EFFECTIVE HUMAN RESOURCE MANAGEMENT ON ORGANIZATIONAL EFFECTIVENESS AND EFFICIENCY> Author: ADEGBOLA MAYOWA FOLAGBADE Student No: 08210191 Supervisor: PROFESSOR ALLAN BEAVER Submission Date: 23rd of September‚ 2010 Ethics Number: BS/ P/ 586-10 Final Word Count: 14‚979 DECLARATION I‚ ADEGBOLA MAYOWA FOLAGBADE‚ hereby confirm that this dissertation work is my
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PC. • TCP/IP network protocols installed on each PC that will access the Internet. • A Java enabled web browser such as Internet Explorer 5.5 or above‚ Netscape 4.7 or above‚ Mozilla 1.7 or above and Firefox 1.0 or above. อุปกรณมาตรฐาน Mini System Request SMC7904WBRA2 ใชสําหรับให User หลาย ๆ คนใช Internet ไดพรอม ๆ กันในเวลาเดียวกันโดย ใช User account เดียว พรอมทั้งมีระบบความปลอดภัย‚ ลดตนทุน และ ติดตั้งงายในเวลาอันรวดเร็ว 1. รูปลักษณะของสินคา/ Package SMCWBRA2 Documentation
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What is meant by market failure and how can government attempt to correct it? Market failure occurs when there is no economic efficiency within a market. Whereas government intervention is put in use when a market may not always allocate scarce resources efficiently in a way that achieves the highest total social welfare. Monopolies are one of the main causes of market failure. Monopolies are firms whom have eliminated all‚ if not‚ most competitors within that market leaving them with most
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Human Resources and Economic Development: The Case of Saudi Arabia INTRODUCTION Despite its key role within economic development‚ human resources remains a fundamental challenge for most Middle East countries. This paper explores how Saudi Arabia has sought to improve the quality‚ mix and practical skills of its human resources. Saudi Arabia ’s modern experiences are similar to those of other Gulf states. The role of human resources in national development planning is examined and it is argued
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The Chinese use chopsticks as easily and as naturally as Europeans use forks. They are like an extension of a man’s fingers‚ practical adaptations that evolved from the days when man indeed ate with his fingers. There are different styles of chopsticks. The Chinese variety is blunt on the "eating end‚"‚ while the Japanese prefer those with pointed tips. There are even short lengths for children for use. Chopsticks are made of many materials - ivory‚ plastic‚ silver‚ and even jade - but the most
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