Discuss the rationale behind the WS and PS curves (12 marks) Keynesian macroeconomics assumes that markets are imperfect and this as the result of lack of competition. The implication of imperfect market is that agents are no longer price takers as in perfect markets‚ but become price setters. In product markets the firms are price setters considering the elasticity of demand which is partly dependant on competition. In the labour market‚ workers are the wage setters. Through collective bargaining
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Describe how the body responds to stress (6 marks) Acute stress causes the arousal of the autonomic nervous system (ANS). The ANS comprises of the sympathetic nervous system (SNS) which prepares the individual for ‘fight or flight’ and the parasympathetic branch‚ which returns the individual to their original state of relaxation. Part of the SNS response is the sympathetic adrenal system (SAM)‚ this system along with the SNS is collectively called the sympathomedullary pathway. The SNS is activated
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Dissertation AN EMPIRICAL STUDY ON IMPACT OF DIVIDEND POLICY ON CAPITAL STRUCTURE (A report submitted towards the partial fulfillment of the requirement of the two years full-time Post Graduate Diploma in Management.) DECLARATION I‚ student of Post Graduate Diploma in Management from hereby declare that I have completed dissertation on “IMPACT OF DIVIDEND POLICY ON CAPITAL STRUCTURE ” a part of the course requirement. I further declare that the information presented in this project
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Q2: Tunney Industries issued preferred stock at a price of $47.50 a share. The issue is expected to pay a constant annual dividend of $3.80 a share. What is the company’s cost of preferred stock‚ Kp? Q3: Javit & Son’s common stock is currently trading at $30 a share. The stock is expected to pay a dividend of $3.00 a share at the end of the year (D1=$3.00)‚ and dividend is expected to grow at a constant rate of 5% a year. If the company were to issue external equity‚ it would incur a 10% floatation
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Extremely Loud and Incredibly Close‚ by Jonathan Safran Foer‚ explores the themes of loss‚ communication‚ and change throughout the entire novel. Each character has experienced some sort of loss‚ whether it is Oskar’s loss of his father or Mr. Black’s loss of his wife. Many characters also have issues with communication‚ such as Thomas’s inability to talk and Oskar’s communication issues. The story of the Sixth Borough‚ which Oskar’s father tells to him for a bedtime story‚ is inserted seemingly
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1. How does Hitler describe Jews? Hitler’s first mention of Jews describes them as enemies of the state‚ claiming they wish only for the downfall of not only Germany‚ but the collapse of the entire continent of Europe. They are considered the primary opponent‚ used as a scapegoat on which the failures and shortcomings of the German leadership and armies can be blamed. It is not a question as to whether or not they are at fault‚ but rather what is the best way to punish and be rid of them. 2. How
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Determinants of Dividend Policy (Section 1) 2 Tax and Clienteles Theory 2 Free cash flow and the Agency Theory 3 Growth and The Lifecycle theory 4 Firm size 5 Information Asymmetry and Signaling theory 5 Risk and the Bird in hand theory 7 Profitability 8 Conclusion 9 Analysis of Apple and Dell Dividend Policy (Section 2) 9 Apple Inc. 9 Dell Inc. 11 Conclusion 13 Reference 14 Introduction In a private firm‚ after a period of business activity the owner of the business evaluate her profit and decide how much
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when no dividends？ Student name: Student number: Word count： 706 The dividend discount model is the way of valuing a firm according to the theory that a stock is value the discount sum of all of its future dividends payments. It is a equation for using the discounting them back to present value and predicted dividends to calculate the value of stock. This equation can not working without the dividend growth rate. if the company do not paid the dividends and have
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IB English Language and Literature SL: Written Task on the Great Gatsby Seungchan Yang Rationale: For part four of my English course‚ I studied the novel ‘The Great Gatsby’ by Fitzgerald. It not only depicted the hideous manners originated from the sudden prosperity during the 1920s in America but also Gatsby’s pure love or more precisely the obsession towards Daisy‚ which cruelly led to a rather miserable ending. I decided to write a set of short letter formats from Gatsby to Daisy‚ which
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Jonathan Zawada is a terrifyingly skilled maker. Artist‚ yes. Designer‚ yes. Collaborator‚ also. Art Director‚ that too. Shaper-shifter‚ certainly. Zawada’s is a practice that skips fluidly between object design‚ sculpture‚ video‚ installation‚ painting‚ 3d simulations and fashion. Finding its roots in his earlier experience in web design‚ coding and animation‚ Zawada’s mind seems to want to constantly bend and play with the sin and symbols of our real and virtual landscapes. This fascination he
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