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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Excel 2007 VBA Macro Programming ® About the Author Richard Shepherd has worked for many years for major banks and corporations in the United Kingdom writing spreadsheet macros to solve specific problems. He has worked for National Grid plc (electricity distribution)‚ Hertz Car Leasing‚ NatWest plc (retail banking)‚ Schroders plc (fund management)‚ BNP Paribas (investment banking)‚ Lloyds TSB plc (corporate banking)‚ The Royal Bank of Scotland plc (investment banking)‚ and the British National
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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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Micro environmental factors are internal factors close to a business that have a direct impact on its strategy. These factors include: Customers Organisations survive on the basis of meeting “customer needs and wants” and providing benefits for their customers. Failure to do so will result in a failed business strategy. Employees Employing the correct staff and keeping staff motivated is an essential part of an organisation’s strategic planning process. Training and development play
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Research how humans interact with micro-organisms and use this information to write a discussion for your report. Basic structure and function Explain the parts and how they work for fungi and bacteria Most fungal species are multicellular. Most fungi do not have flagella in any phase of their life cycle. They move toward food by growing toward it. The main body of most fungi is made up of fine‚ branching‚ and usually colourless threads called hyphae. Each fungus will have vast numbers
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Part A (27 marks) George Cadbury (SIN 454 313 206; DOB April 20‚ 1964) is married to Lucy (SIN 454 206 319; DOB July 31‚ 1965) whose net income is $50‚000. They have no children at home which is located at 24 Briar Park Lane‚ Kitchener‚ Ontario‚ N2E 2H2. George is the proprietor of a candy store (business code 445292). The income statement is as follows: George’s Candy Emporium Income Statement For the Year Ended December 31‚ 2013 Sales $320‚000 Cost of sales Inventory at beginning of
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Introduction to Macro economics – Key concepts- Growth‚ Inflation and unemployment‚ objectives and instruments/policies Circular Flow of economic activity. DR. TULSI JAYAKUMAR 2 An Intro to Macro What is Macroeconomics Two central themes of macroA) The short-term fluctuations in output‚ employment‚ financial conditions and prices that we call the Business Cycle. B) The longer term trends in output and living standards known as economic growth DR. TULSI JAYAKUMAR 3 An Intro to Macro- The story
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Micro economics is a branch of economics which studies individual firms and consumers. The basis of micro economics is supply and demand; how does the market react to changes in supply and demand and inevitably how does it affect price. Microeconomic decisions by both firms and individuals are motivated by cost and benefit considerations. Costs can be either be in terms of financial costs such as average fixed costs and total variable costs or they can be in terms of opportunity costs‚ which consider
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In the micro-system the individual is the dominant factor. The risk factors act upon the individuals are as follows. Firstly‚ genetics is a major risk factor that is beyond the control of the individual an example of such is body mass composition‚ which is the manner of which the body takes on weight. The consequence of genetics is that the individual has little control over weight gain and thus must be more conscious of their lifestyle choices. The psychological risk factors associated with the
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banking and related services.” Microfinance is not just about giving micro credit to the poor rather it is an economic development tool whose objective is to assist poor to work their way out of poverty. It covers a wide range of services like credit‚ savings‚ insurance‚ remittance and also non-financial services like training‚ counseling etc. FEATURES: * Borrowers are from the low income group * Loans are of small amount – micro loans * Short duration loans * Loans are offered without collaterals
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