BUSINESS CYCLES Trend and cycle of the business cycle Phases of the cycle Pro‐cyclical‚ counter‐cyclical‚ and a‐cyclical variables Lead‚ lagged‚ and contemporary variables Stylized facts and cyclical behavior of key macroeconomic variables 2 BUSINESS CYCLES Over time GDP grows but not in a linear way GDP 2006 constant prices (in logs) 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 4.5 3 BUSINESS CYCLES Time Series Components 1. 2. 3. 4. Trend (long‐run) Cycle (short‐run)
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The purpose of this assignment is to select a step in the accounting cycle that is not currently automated at one of our team members ’ organization. The place of business we have selected is an independent financial brokerage firm‚ LPL Financial. The firm places a strong emphasis on the recruiting of established financial advisors throughout the country. When a financial advisor joins LPL Financial‚ so does their clients. One of our team member ’s works in the transfer department. The transfer
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medical industry in health care is superior with technology being consolidated. There are three reasons behind my claim that supports. One reason is there are better treatments and less suffering. This means there are advanced ways to configure treatments without people being deteriorated. Technology has provided new machines‚ and treatments that save lives and improve the chance of recovery for billions. Sophisticated medical practices does not only help patients heal directly. New technology has also
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company either suffers or benefits depending on what kind of economy it is. This will depend on what kind of company it is‚ and what kind of market the business does well in. The Business Cycle is what determines this factor. It is a term used in economics to designate changes in the economy. Timing of the business cycle is not predictable‚ but its phases seem to be. Many economists site four phasesprosperity‚ liquidation‚ depression‚ and recovery. During a period of prosperity‚ a rise in production
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The American auto industry was developed by many different people from different countries. France started this development in 1769 by inventing of a three-wheeler that was powered by steam. The first internal combustion engine was created in Belgian in the 1800s and a gasoline powered vehicle was built in Germany in 1885. It was also in Germany‚ in 1896‚ that a man named Henry Ford built the first car. He went further by creating the assembly line which allowed him to mass produce the cars therefore
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Cardiac Cycle The cardiac cycle describes the coordinated and rhythmic series of muscular contractions associated with the normal heart beat. The cardiac cycle can be subdivided into two major phases‚ the systolic phase and the diastolic phase. Systole occurs when the ventricles of the heart contract. Accordingly‚ systole results in the highest pressures within the systemic and pulmonary circulatory systems. Diastole is the period between ventricular contractions when the right and left ventricles
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Chapter 4 The Revenue Cycle Objectives for Chapter 4 • Tasks performed in the revenue cycle‚ regardless of the technology used • The functional departments involved in revenue cycle activities and the flow of revenue transactions through the organization • The documents‚ journals‚ and accounts that provide audit trails‚ promote the maintenance of records‚ support decision making‚ and sustain financial reporting • Risks associated with the revenue cycle and the controls that reduce these risks
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Managing the Project Cycle 1. The assessment and planning phase 1.1 Training your staff in Project Cycle thinking 1.2 Identifying the real problems and needs 1.3 Stakeholder analysis 1.4 Problem analysis 1.5 Project planning and design 1.6 Strategic planning 1.7 Defining indicators 1.8 The action plan 1.9 The budget 1.10 Addressing the risk of a negative outcome 2. The implementation and monitoring phase 2.1 Monitoring 2.2 Participatory Impact
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http://www.ucar.edu/communications/gcip/m2ccycle/m2pdf.pdf http://www.ucar.edu/communications/gcip/m2ccycle/m2pdf.pdf The Carbon Cycle Importance of Carbon Cycle Carbon (C) is the fourth most abundant element in the universe and is found in all living substances as well as in many inorganic materials and is also the key element for life. The carbon cycle is the exchange of carbon among three reservoirs or storage places: the land‚ the oceans‚ and the atmosphere The atmosphere has the least amount
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Oxygen cycle From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search The oxygen cycle. The Oxygen cycle is the biogeochemical cycle that describes the movement of oxygen within its three main reservoirs: the atmosphere (air)‚ the total content of biological matter within the biosphere (the global sum of all ecosystems)‚ and the lithosphere (Earth ’s crust). Failures in the oxygen cycle within the hydrosphere (the combined mass of water found on‚ under‚ and over the surface of a planet)
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