1. Explain economics? Economics is the study of how society allocates scarce resources and goods. Resources are the inputs that society uses to produce output‚ called goods. Resources include inputs such as labor‚ capital‚ and land. Goods include products such as food‚ clothing‚ and housing as well as services such as those provided by barbers‚ doctors‚ and police officers. These resources and goods maybe be considered scarce because of society’s tendency to demand more resources and goods than
Free Economics
University Foundation MacArthur Highway‚ Angeles City Health Economics Inflation Rate as a Health Economic Indicator Garcia‚ Juana Sophiya Ariza Lacap‚ Jonnabelle Lacsamana‚ Christoper Jel Lagman‚ Benjamin Lalu‚ Lyka Mancenon‚ Lisel Mandap‚ Paula Bianca Mande‚ Chanell abong‚ Ergs BSMT2-E Mrs. Nicole Rivera Inflation Rate as a Health Economic Indicator Definition of Health Economic Indicator A health economic indicator is a statistics about the production‚ distribution‚
Premium Inflation
and Economic Development and their influences on fertility and mortality rates UWI Mona 10/22/2014 Economic development is a phenomenon that has been discussed‚ debated about over the years‚ however; a conclusive process has not been developed as to how it can be attained. The main goal of economic development is improving the economic well being of a community through efforts that entail job creation‚ job retention‚ tax base enhancements and quality of life (Harrison 1992). Economic development
Free Demography Population
INNOVATIVE INTERNATIONAL COLLEGE LEGAL FRAMEWORK DPBA 180 T1 – Definition of Law What is the Law? The Law of a particular state is the body of rules designed to regulate human conduct within that state. This can be defined clearly as an organised system of principles and rules designed to control and influence the conduct of individuals and groups. The aim of most legal systems‚ officially at least‚ is to provide a means of resolving conflicts in a fair
Free Law Morality
Business Law – Unit 15 Task 01-a A legal system in a country embodies both the law of that country and the mechanisms the country has in place for regulating and enforcing those laws. A legal system incorporates: * The country’s law * The legislature: the law making body * The judiciary: the body that sits in judgment on disputes about laws * The prosecution system: the system that seeks to ensure the criminal law in enforced and people who break the law are prosecuted * The
Premium Law Common law Sharia
PERSONNEL PSYCHOLOGY 1997‚ 50 EXPLAINING U.S. COURTS OF APPEALS DECISIONS INVOLVING PERFORMANCE APPRAISAL: ACCURACY‚ FAIRNESS‚ AND VALIDATION JON M. WERNER‚ MARK C. BOLINO Department of Management University of South Carolina Accuracy and due process perspectives were used to extend policycapturing research concerning employment discrimination case law. TWo-hundred ninety-five usable U.S. Circuit Court decisions concerning performance appraisal were located from 1980-1995. In both chisquare
Premium Case law Common law Appeal
ECONOMICS ANALYSIS FOR BUSINESS UNIT – 1 1. What is Economics? Economics is the science which studies human behaviour as a relationship between ends and scare means which have alternative uses. 2. Definition of economics According to “Adamsmith” Economic is a social science the deals with human behaviour pertaining to production‚ Exchange and consumption of goods and services. 3. What are basic concept of economic? * Resource allocation * Opportunity cost * Diminishing marginal
Free Economics
consequently it reach to more people and that includes even children. Influence of advertising and marketing to children’s food choice is quite significant. The influential factors can affect either directly or indirectly. Television can plays a direct role in affecting children’s choices of foods. Many child oriented advertising is via television. Food advert on children’s television is dominated by unhealthy food with no nutritional value. Children are naïve and gullible‚ they
Free Nutrition Advertising Marketing
Intention to create legal relationship: - One of the essential elements in the creation of a binding contract‚ this intention is implied by the fact that it is not expressly denied. Intention to bind the other party with the involved legal obligations. c) Free and genuine contract:-Two parties must give their Free and genuine contract to the term of agreement. Such consent should not obtain one or more of following manners i.e. I. By coercion II. By undue influence III. By
Premium Contract
CostEconomic SystemMarketProfitDemandSupplyElastic- Economics Final Exam Study Guide Name_________________________________ InelasticPartnershipCorporationSole ProprietorshipMonopolyOligopolySurplusShortageIncentiveWagner Act of 1935Collective BargainingBoycottAntitrustGross National Product (GNP)EquilibriumFree Enterprise SystemEntitlementsFiscal policyMonetary PolicyConsumer Price IndexEquilibrium PriceComplementsEffective Demand- Economics Final Exam Study Guide Name_________________________________
Premium Economics Supply and demand Inflation