output 4 Business Cycles ► The trend path of output is the smooth path of long- run output once its short-term fluctuations are averaged out ► Fluctuations about the trend in real GDP. ► Potential output is the output (GDP) produced if all the factors of production are fully employed Business Cycles ► Economic Recession: “a period of significant decline in total output‚ income‚ employment‚ and trade lasting from six months to a year‚ and marked by widespread contractions
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of these bands were already discovered‚ was there any reason to figure out the other 1% of those bands. I thought that if we can figure out 99% of what is in the spectrum‚ then I also wondered how computationally expensive would it be to determine all of the peaks that occur in the spectrum since that 1% could actually be only dust. No one can be sure what these bands are‚ but there are studies that are going on that would help guide our knowledge to
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abortions are for the better‚ while some think it is for the worse. Although abortions seem necessary in certain situations‚ it is not the correct choice. Some believe that abortions may help a female mentally. In some ways‚ the argument makes sense. Not all lives are conceived in a planned way. “In the case of rape or incest‚ forcing the women made pregnant by the violent act psychological harm to the victim‚” (www.womenissues.about.com). Thoughts of the trauma would most likely be caused by the child
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B for Buster People learn through experience‚ the experience has many obstacles but it teaches everyone for the future. Author Iain Lawrence shows no good deed ever goes unpunished in the novel “B for Buster”. The Protagonist‚ 16 year old Kak escapes his hometown Kakabeka Falls to find himself in England. He is a wireless operator on B for Buster‚ a bomber with his sturdy crew. As time goes during the war‚ Kak grows a close bond to the people he meets especially to one man‚ Bert the Pigeoneer.
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the largest B2C website in China. Moreover‚ a long list of fees would be incurred to sellers in the platform. As more business migrate to the new site‚ Alibaba can enjoy a more steady cash flow. Destination Country - US: On 11 June 2014‚ Alibaba launched US shopping site 11 Main. The 11 Main is
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Analyse the macro environment of the Europran Tour Operation with PESTEL analysisi from 2003 until today. TUI illustrates one of the most amazing and successful strategic changes of a firm among the largest European companies‚ the undisputed European leader in the tourism industry with a fast growing but very volatile and competitive industry. Thery operate in over 180 countries worldwide serving more than 30 million customers offering a wide range of leisure travel experiences. TUI travel ( tour
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Macro Unit 2 Lesson 1: What is the difference between macro and micro? Federal Debt graph: http://research.stlouisfed.org/fred2/series/GFDEBTN In the circular flow the seller receives exactly the same amount that the buyer buys (exclude tax) In the circular flow diagram‚ how do we account for profits? What happens if there is a disruption in the circular flow diagram? Individuals are concerned with income distribution. (wages) 1 Households C as spenders must consider the following:
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THE PHILIPPINE ENVIRONMENT introduction The Philippines is an archipelago comprising some 7‚100 islands with a total land area of almost 300‚000 square kilometres. Indonesia‚ Malaysia and Brunei border the Philippines to the south‚ China—and Taiwan—to the north‚ Vietnam to the west and the Pacific Ocean to the east. Three main island groups divide the country: Luzon in the north‚ the Visayas in the centre‚ and Mindanao in the south. Luzon and Mindanao together make up 65 per cent of the Philippines’
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Amway in China (A): A New Business ModelAssignment Questions1.What are Amway’s core competencies?Amway has been a successfully growing business since 1959 due to its unique adaptation of direct marketing. The company has now expanded into over 80 countries and has been to some‚ an example of the American dream. This was what caused the tremendous growth and is what gave Amway its most valuable asset; its distributors. Amway’s distributors are all Independent Business Owners (IBOs) because they have
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Advantages and Opportunites There are many advantages of investing in China‚ one of them being that there are not many trade barriers within China’s economy. The reason for this is that China wants more businesses investing in their rapidly growing economy. As China currently have Free Trade Agreements with countries such as New Zealand‚ Australia and the United States‚ thus allowing easier and efficient exports and imports to and from China on a global scale. Free trade is the unhindered flow products and
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