A. Throughout American history there have been periods of financial boom and bust‚ economic growth and recession. The most recent recession from the third quarter 2007 to the second quarter 2009 seemed like an extraordinary period of recession. The S&P 500 shrank from about 1300 points to 666 points (50%)‚ evaporating capital in a matter of days. However‚ this recessionary period was quickly turned around to economic growth again. The average post-World War II length of economic contraction
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1. Do all international financial transactions necessarily involve exchanging one nation’s distinct currency for another? Explain. Could a nation that neither imports goods and services nor exports goods and services still engage in international financial transactions? LO1 Answer: The answer is almost certainly a yes. Only in rare cases would you find barter exchanges (goods and services for other goods and services). Yes‚ they could engage in financial transactions (the exchange of assets across
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1. What is the gross domestic product? A gross domestic product is “the total market value of final goods and services produced within an economy in a given year”. 2. Do increases in gross domestic product necessarily translate into improvements in the welfare of citizens? Yes‚ an increase in GDP improves welfare of citizens because if U.S exports are increased it will increase U.S GDP and reduces unemployment in the short run. This would be an improvement for welfare citizens. 3. What is unemployment
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Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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ECON 1020 Principles of Macroeconomics Assignment 1 Question 1 (10 marks) (a) The relative scarcity of resources makes the operation of any economy a matter of choosing between alternatives.” Explain. The world has limited resources and us‚ as people have unlimited wants. Therefore‚ we must constantly make decisions to choose what we would rather buy or produce and what we must give up in its consequence. This includes work and time. For example‚ studying for an exam late at night would give
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Rs. 21.69 bn in the previous year. Standalone EBITDA impacted by 6.6% to Rs.30.92 bn in FY08 from Rs 33.12 bn in FY07; EBITDA margin stood at 10.76% in FY08 as compared to 12.06% in the previous financial year. Following are the main macro environmental factors from FY08 that had direct bearing on the company’s revenue and profitability figures: GDP Growth Encouraged by the continuing thrust in investments which grew by 31.6%‚ the GDP growth in the third quarter of fiscal 2008 came in
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Assignment no-3 Basics of Marketing 2013159_106_3 Analyzing Macro Environment on Automobile Sector The car industry environment is very complex due to the large number of product markets‚ buyers‚ suppliers and customers‚ which spread across the globe. As such‚ it has often been described as "the industry of all industries". There are various forces that influence this environment. Hence‚ this report analyzes some of the political‚ economic‚ socio-cultural and technological trends‚ key to understanding
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➢ Environmental pollution is contamination of air‚ water and land from man-made waste that causes instability‚ disorder‚ harm or discomfort to the ecosystem i.e. physical systems or living organisms. ➢ Pollution leads to depletion of the ozone layer‚ global warming and climate change. ➢ Pollutants are the elements of pollution. A pollutant is a waste material that pollutes air‚ water or soil. Three factors determine the severity of a pollutant: its chemical nature‚ the concentration
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Protecting Against Macro Viruses Marques Tate Rasmussen College This paper is being submitted on February 23‚ 2014‚ for Tina Grezinski’s D181 Excel course. Protecting Against Macro Viruses Many applications‚ such as Microsoft Excel and Word‚ support macro languages. A macro virus attacks these kinds of applications‚ infecting the documents and template files. So if your computer has a macro virus‚ and you use a word template file to make a new document‚ it ’ll also become infected
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animal‚ and plants. In general‚ Environment issues are defined as problem with planet’s system that has developed as a result of human interference of the planet. The planet is suffering due to may affect people‚ societies‚ and ecosystem. The major environmental issues that are facing the world today are pollution‚ overpopulation‚ and global warming. One of the biggest problems facing the world today is pollution. Pollution is a serious issue affecting our planet today. Many people are responsible for
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