Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
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1. From the definition of GDP we arrive at the following expression: c + i + g + x-m = y = c + s + t Discuss the three important economic relationships that can be derived from this expression related to the definition of GDP and explain each carefully. The expression above depicts two different ways to come up with real GDP for a country. The left side of the expression explains expenditure side of computing real GDP which can be rewritten as: y = c + i + g +x – m In real terms‚ it could
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countries giving AirAsia and other spending plan carriers landing rights. The last macro environment is the Natural forces. Natural forces are common sources required by an advertiser to work a business. Probably due to the natural forces‚ the AirAsia’s Airbus A320 plane dove into the Java Sea amid a flight from Indonesia to Singapore on 28 December‚ slaughtering every one of the 162 individuals on load up
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In “on the subway” there are many contrasts that convey both portraits in the poem. The speaker is obviously frightened of the young black boy sitting across from her on the subway‚ though he gave her no reason to be. She gives a description of him including his feet‚ shoes‚ clothing‚ and the emotion she perceives is on his face but for some reason doesn’t give an actual description of his face and body type‚ which I find strange. The speaker’s similes and metaphors are very disturbing because
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. One of the evidence about this is the article ’Optus hit with $5 million fine’ which was published in The Age of the July 8‚ 2011‚ it identify and explain the impacts and affects this
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What is the macro gross anatomy? The macro gross anatomy is the study of organisms with the naked eye. What is the skeletal system? The skeletal system is a very important part of the human body this consists of 206 bones‚ which together with different structures make the joints of the system. Within the skeletal system the structures present are the cartilage‚ bone tissues‚ fibrous connective tissues which form the ligaments of the bones Scanlon and Sanders‚ pp.122‚ 2014). The skeletal system
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Macro SWOT Analysis Strength * Solid design and innovation: HTC is one of the leading ODMs (Original Design Manufacturer) for many top-tier operator-branded devices. It owns and designs the in-house products that are branded by other operators. The solid background may step up the producing process. * R&D investment: HTC has spent 15%-20% of sales on R&D. It recently opened the new R&D offices in North Carolina and Taipei to extend products’ features and functions. This may
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On The Subway In the poem “On The Subway” the narrator contrasts the portraits of herself and the man sitting in the opposite side of her. She contrasts both by telling the difference between their lifestyles‚ the way they’re dressed‚ look‚ and race. She uses the literary techniques tone and imagery to contrast. The writer uses tone in the poem during her comparison to show her fear. In the poem when she describes the man’s appearance she goes on talking about how the man could take her
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MOD003470 SUBWAY INCORORATION Subway is an American fast food restaurant that primarily sells submarine sandwiches and salads. It is owned and operated by Doctor’s Associates‚ Inc. Subway is one of the fastest growing fast food chains in the world with 40‚735 restaurants in 102 countries and territories as of 14 November 2013. It is the largest single-brand restaurant chain and the largest restaurant operator globally. You are expected to conduct further background research on Subway in order to
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experiment was the one-tenth of the conversations‚ which were more personal and didn’t talk about life in the prison. 2.a. Subway Samaritan study displays a time-efficient way of collecting a lot of data. Throughout the four months‚ the research teams collected both quantitative and qualitative data. The research teams documented the different statements made by mainly women in the subway car. For quantitative‚ the documented the number and percentages of people who did or didn’t help. On the other hand
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