1. Two economists‚ Smith and Jones‚ are discussing the currently high unemployment rate. Smith says that something ought to be done quickly because the economy may not be able to restore itself to full employment. Jones says that it is better to take a "hands-off" approach. Which of the following is most likely to be true? a. Smith and Jones are most likely both Keynesian economists with a few minor differences of opinion. b. Smith and Jones are most likely both classical economists with a few
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National Cranberry Cooperative Group Members Deepti Anand 12BM60003 Rakesh Rajendran 12BM60009 Vineeth Mathai 12BM60013 Prashant Kumar Singh 12BM60037 Akhil Krishna Gupta 12BM60084 Subramanian S 12BM60088 Dhileeban K M 12BM60107 Process Analysis We start by making a process flow diagram for the flow of berries at RP1 from the moment berries arrive at the RP1 in trucks to the moment they leave in RP1 after being bag packed‚ bulk loaded into trucks or loaded into bulk tins. The capacities
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creating an unhygienic environment. People are so accustomed to plastic‚ that they find it a difficulty to part with and hence DEGRADABLE PLASTICS should be brought into effect to reduce the usage of plastic in our country. INTRODUCTION The explosion of technology‚ though makes our lives smooth and comfortable‚I think that it also bring with it certain disasters. The disaster is made by the users of the technology-the human beings. It is our behavior which affects the environment. It may be global
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changes in the environment‚ changes in the types of food that an organism has to eat‚ or even geological changes in the environment of which an organism lives‚ these changes are usually so that an organism can better survive in its given environment and circumstances. 2. One of my favorite examples is the example of the salamanders that split up in the valley of California. Although this example also describes macroevolution‚ I think it is a great example of how changes in an environment can lead to
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analyse its micro environment and macro environment. Microenvironment consists of the organisation’s various departments‚ competitors‚ customers‚ marketing intermediaries and publics. The microenvironment represents the strengths and weaknesses of the organisation. The organisation has partial control over the factors of its microenvironment. The macro environment consists of the factors such as demographic‚ economic‚ natural‚ technological‚ political and cultural environments of the market place
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Macro-environment factor In reflecting the macro environment‚ the economic environment is one of the identified elements that affect the microenvironment of hybrid cars. For the past years‚ prices of petroleum in Malaysia have risen due to inflation (thestar‚ 2014). Oil scarcity is one of the main external aspects that affect the rise in oil prices. High petrol prices have reduced the consumer purchasing power and spending pattern for gasoline cars since it’s more fuel consuming compared to
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with fundamental economic‚ social and political strategic conflict draws criticism from global commercial enterprises‚ many of whom blame the influence of television. Relax‚ sit back and gasp as I display the rich tapestries of nature. Social Factors Society is our own everyday reality. When The Tygers of Pan Tang sang ’It’s lonely at the top. Everybody’s trying to do you in’ [1] ‚ they must have been referning to nature. Much has been said about the influence of the media on nature. Observers
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Write the quantity equation and explain it. Money x Velocity = Price x Transactions Money x Velocity = Price x Output This theory seeks to explain how money affects the economy‚ and is based on the fact that money is demanded as a medium of exchange. We can say that price level is a function of the quantity of money in circulation. The transaction version of the quantity theory states that the changes in money supply other things remaining the same‚ brings a directly proportionate change in the
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Socialization What is Socialization? Socialization encumbers teaching and learning of norms‚ values and beliefs of people from any place in society. They could be part of any religion and any type of education. Socialization is about emotions‚ morality‚ gender roles and gender messages from our families encrusted since birth‚ gender messages from the media and our friends. It is how we act‚ without evening realizing it‚ in the society we are raised in. Hence‚ depending on where one is raised makes
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Principles of Macroeconomics Assignment 2 Q1 Answer the questions below using the following information: All figures are in billions of dollars. Currency held outside banks $ 800 Demand Deposits 1000 Traveler’s Checks 100 Other checkable deposits 200 Savings accounts 300 Money market accounts 100 Other near monies 200 a. What is the value of M1? M1 = 800 + 1000 + 100 + 200 = $2100 billion. b. What is the value of M2? M2 = 2100 (M1) + 300 + 100 + 200 = $2700 billion. Q#2 Explain what
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