increasing consumer spending * Entry into the World Trade Organization (WTO) in 2001 lifted restrictions and opened up the market Threats * Competition from both foreign retailers like Carrefour and local retailers * Income disparity (Gini coefficient over 0.4 – the alarm level) and difference in rural and urban areas result in difficulty in pursuing a uniformed strategic move across nation * Red tape and local protection policies add to cost‚ which restrict the Walmart’s further expansion
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Disclaimer- The ASB Economics Faculty accepts no responsibility for the content of these pages. These notes were created by a past student for their personal revision purposes and as such may contain errors‚ typos‚ outdated statistics etc. Students are advised to read all material critically and for best results‚ to make their own notes based on official ECON lecture slides and notes and the BOF textbook. ECON1102 Macroeconomics Summary otes What is Macroeconomics? Macroeconomics is concerned
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the degree of closeness of measurements of a quantity to that quantity’s actual (true) value. Precision: the degree to which repeated measurements under unchanged conditions show the same results. Normal curve distribution: means that the most frequent values are found in the middle of the curve. That is‚ the mean of the data is in the middle and the highest and lowest values are the least frequent. Skewed distribution: is where items bunch at the ends‚ or are evenly distributed throughout. Variation
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methylene chloride and insoluble in water‚ ether and slightly soluble in PBS (pH 7.4)‚ dichloromethane and very slightly soluble in chloroform‚ alcohol etc. Partition coefficient of the drug was found to be 5.057 in n-octanol: Phosphate buffer solution (pH 7.4) suggesting the drug to be lipophilic in nature. Standard curves of Ketoconazole were prepared in different fluids i.e. PBS (pH 7.4) and methanol. The R2 values are 0.9987‚ 0.9983 and a straight line was obtained in both the cases in the
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molar extinction coefficient for riboflavin was able to be calculated: 14‚400 L/(moles*cm). This is also supported by the experimentally derived extinction coefficient from the standard curve equation (specifically the slope): 13‚236.36. The slope of the standard curve is directly correlated with the extinction coefficient and in this experiment‚ is the same number‚ for the diameter of the cuvette being used was 1 cm. If this diameter was increased‚ then the slope of the standard curve would react by
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1980 HDI – 0.561 2012 HDI – 0.654 1985 GINI – 41.04 2009 GINI – 42.98 1985 Population below national poverty line – 44.2% 2012 Population below national poverty line – 27.9% These economic indicators all indicate a general increase in the quality of life from the period of 1980 when the Philippines initially experienced rapid integration with the global economy due to globalisation compared with the current period of 2010. However‚ the GINI coefficient has increased‚ reflecting the stagnant
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2013 Chapter 4 Sample Questions Solve the following questions please. 1. The price elasticity of demand coefficient measures: A. buyer responsiveness to price changes. B. the extent to which a demand curve shifts as incomes change. C. the slope of the demand curve. D. how far business executives can stretch their fixed costs. 2. The basic formula for the price elasticity of demand coefficient is: A. absolute decline in quantity demanded/absolute increase in price. B. percentage change in quantity
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soils. The GSD test can be used to estimate the mechanical properties of a soil. The data collected will be used to plot a GSD curve. The GSD curve is plotted in log scale to show small changes and details that a normal scale would lose. Based off of the GSD curve we can then calculate the Coefficient of Uniformity (Cu) and the Coefficient of Curvature (Cc). These coefficients are the standards in the USCS to classify if a soil is poor or well graded. How well a soil is graded determines how well the
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What has been the impact of globalisation on Australia? What are the future implications of globalisation on Australia? Globalisation is not a new thing but has been around for the last 500 years. Globalisation has had quite a positive impact on Australia. Globalisation has brought Australia Growth and has increased domestic efficiency. Australia has been involved in the revolution of globalisation and it has affected Australia in many ways. Its main impact was on International convergence‚ economic
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Risks and Disadvantages from Globalisation Globalisation is not an inevitable process and there are risks and costs: Inequality: Globalisation has been linked to rising inequalities in income and wealth. Evidence for this is a rise in the Gini-coefficient and a growing rural–urban divide in countries such as China‚ India and Brazil. Inflation: Strong demand for food and energy has caused a steep rise in commodity prices. Food price inflation (known as agflation) has placed millions of the world’s
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