possible to find fault with some of the answers‚ keep in mind that they satisfied the examiners about the student’s knowledge and ability. © IMM Graduate School of Marketing Good Answer Booklet MAC/ECO101 Page 3 of 22 MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) 24 OCTOBER 2012 SECTION A (40 MARKS) COMPULSORY QUESTION 1 (MULTIPLE CHOICE) [/40] SECTION B (60 MARKS) ANSWER ANY THREE (3) QUESTIONS QUESTION 2 [20/20] 2.1 According to the Keynesian view of money‚ there are three reasons why
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inflation in an economy? There is not a single‚ agreed-upon answer‚ but there are a variety of theories‚ all of which play some role in inflation: 1. THE MONEY SUPPLY • Inflation is primarily caused by an increase in the money supply that outpaces economic growth. • Ever since industrialized nations moved away from the gold standard during the past century‚ the value of money is determined by the amount of currency that is in circulation and the public’s perception of the value of that money. When
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goods and services. However‚ there are many factors that affect this simple operation. Owing to these economic elements‚ the sales‚ production‚ and procurement of a business get adversely impacted. Here‚ we have provided you with a list of economic factors that affect the working of business organizations. All these factors are interconnected. Economic Factors That Influence Businesses Demand and Supply The demand and supply are two principal factors that affect the working of any business model
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EXECUTIVE SUMMARY Stagflation in US economy threatens outlook for the airline industry profitability. US airlines forecasting Q108 losses citing high fuel costs and a potential economic slowdown. Other regions of the world will expand such as Asia‚ Middle East and Latin America. Slowdown has already affected some US small-mid cap carriers with the recent onslaught of bankruptcies. US majors are better armed to combating the effects of the sharp increase in jet fuel. Cost reduction
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Chapter 9: Political and Economic Factors Affecting International Business 9.3 Economic Factors Related to International Business Page 284 – 292 Economic Systems An economic system is what allows a country to decide what to produce‚ how to produce‚ and for whom to produce. These systems include natural resources‚ labor‚ capital‚ management and standards for creating products. Market Economies In market economies‚ i) ownership of private property is encouraged‚ ii) businesses are encouraged to
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there have been periods of financial boom and bust‚ economic growth and recession. The most recent recession from the third quarter 2007 to the second quarter 2009 seemed like an extraordinary period of recession. The S&P 500 shrank from about 1300 points to 666 points (50%)‚ evaporating capital in a matter of days. However‚ this recessionary period was quickly turned around to economic growth again. The average post-World War II length of economic contraction has been 11.1 months‚ whereas the 2007
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Riccardo Pelizzo Comparative Government 21 April 2003 Factors affecting Democratization The Third Wave of Democratization‚ written by Samuel P. Huntington‚ analyzes global political development of the late twentieth century. He examines the factors that induce a country to undergo the transition from a non-democratic form of government to a democratic form of government. He claims that there have been three waves of democratization‚ and his book particularly focuses on the third wave which
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Singapore Factors Affecting Language Learning Strategy Reported Usage by Thai and Vietnamese EFL Learners Attapol Khamkhien (faasapk@ku.ac.th) Kasetsart University‚ Thailand Abstract This paper is a report on an investigation into the relationship between three variables and language learning strategy use by Thai and Vietnamese university students using Oxford’s 80 item Strategy Inventory for Language Learning (SILL). Two main objectives of this study are: 1) to determine three factors: how gender
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Factors Affecting Population Cultural Factors In some cultures and religions‚ people are respected more if they have many children resulting in an increased birth rate. For example‚ in some cultures having many children is seen as a sign of virility in men. Conversely‚ some cultures and religions discourage large families though this is rare. This would have the effect of lowering birth rate. Certain religions view birth control and abortion as bad in the eyes of their beliefs. As a result they discourage
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FACTORS AFFECTING DROPOUTS IN PERCEPTION OF THE STUDENTS IN THE NATIONAL TEACHERS COLLEGE QUIAPO ‚MANILA An Undergraduate Thesis Presented To the Faculty of the College of Education In Partial Fulfillment of the Requirements for the APPROVAL SHEET In partial fulfillment of the requirements for the degree of Bachelor in Secondary Education Major in MAPEH. This Thesis entitled “Factors Affecting Dropouts in perception of the students in the National Teachers
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