Samantha Becicka Macro Study Guide Chapter 3 1 We have scarce resources so in our choices of consumption we wish to maximize the satisfaction we receive from those choices. The economist terms this maximizing the __utility_________ 2 Since it is unlikely that we can grow our own food‚ sew our own clothes or build our house‚ it would be better if we would __specialize___ in what we do best and __exchange_ for those needs that others do better 3 The term _product market___ is a place where and
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1. Why did the Framers of the Constitution opt for a federal system rather than a unitary one? The experience with British rule had soured the Founders on the idea of one government with centralized and ultimate power. The new Americans did not care if tyranny came from a central government in America rather than from across the Atlantic—they wanted to make the potential for tyranny as remote as possible. In a federal system‚ both the states and the central government are sovereign within
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1.What were the economic and political policies of the states in the post reconstruction south? Throughout the post reconstruction period‚ the Democratic party dominated in almost every political aspect and controlled most state and local government decisions. The debt and finances were a huge issue in post reconstruction politics due to the debt reaching close to 17 million dollars by the year 1875. The debt itself consisted of a variety of bonds issued during the Reconstruction period. The simplest
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CASE QUESTIONS Cash Flows and Value. Cost of Capital Case 1: Hop-In Food Stores‚ Inc. 1. Determine the correct price for this particular IPO. Use several methods to do this and compare them. 2. What extra information would you try to acquire in a real life situation? Case 2: Chem-Cal Corporation 1. How do you calculate the WACC for this firm? 2. What is the cost of capital of the debt‚ preferred stock‚ and common stock (assume the equity beta is 1.22)? 3. Calculate the WACC. How can a WACC be used
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CasesHelp Week 1. Google Inc. Case Questions 1. Review Google’s corporate webpage and annual report. How would you describe Google’s strategy? 2. Prepare a competitor analysis. How would you define Google’s industry? Who are Google’s competitors? 3. Prepare an environmental analysis. What are the major trends impacting Google’s industry? What are the growth prospects for Google’s core business? 4. Do you think Google’s industry is a competitive market‚ in the technical sense? Does Google have
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Questions for Consideration When Preparing Cases Riley Supply 1. Use a spreadsheet program such as excel. Keep all numbers for a particular year in the same column. 2. Prepare two indirect statements of cash flows. One for 2004-2005 and one for 2005-2006. 3. Calculate common sized income statements for each year. 4. Calculate all financial ratios. Use “A Basic Set of Financial Ratios” from Desire2Learn as a guide. 5. Identify the major factors influencing Riley’s cash flow. Use the cash flow statements
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1. | What is an operating system? | | An operating system is a program that acts as an intermediary between the user and the computer hardware. The purpose of an OS is to provide a convenient environment in which user can execute programs in a convenient and efficient manner. It is a resource allocator responsible for allocating system resources and a control program which controls the operation of the computer hardware. | 2. | Why paging is used? | | Paging is solution to external
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2.) a) proteins b.) i) Amylase ii) Protease iii) Lipase c) i) Glucose ii) Amino Acids iii) Fatty acids and Glycerol 3.) a.) Each enzyme has a unique shape that fits onto the substrate. As enzymes normally only catalyse one reaction the substrate has to fit in the specific shape (active site) and if it doesn’t fit in (lock and key method) then the enzyme won’t be catalysed. b.) As when the enzyme is denatured it’s special shape is destroyed‚ thus destroying it’s active site meaning that
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1. What is the fundamental goal of business? Do all organizations share this goal?The fundamental goal of business is to earn a profit. Not all organizations share this goal because they are nonprofit organizations. 2. Name the forms a product may take and give some examples of each. The forms a product may take are tangible and intangible. Tangible goods are computers‚ clothing‚ automobiles‚ and food. Intangible goods are services or ideas made by people. 3. Who are the main participants of business
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1. HOW MIGHT YOUR OWN VALUES IN RELATION TO HEALTH AND HYGEINE DIFFER FROM YOUR CLIENT’S AND HOW WOULD YOU DEAL WITH THIS? I will make the individual understand what their choices are and what might be the outcome. If they prefer something in their own way ‚i will have to deal with it and provide them the best. 2. WHAT CONFLITS MIGHT ARISE BETWEEN YOUR CLIENT CHOICE AND GOOD HYGEINE PRACTICES? The clients might not be willing to practice their personal hygiene because they might not be in
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