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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1. If you were having a conversation with a Keynesian and a Classical economist‚ and the conversation turned to why the economy is experiencing high unemployment and what the government should do about it‚ how would each economist explain unemployment and what policies would each advocate? Keynesian economist believe that long periods of high unemployment are a result of inadequate overall demand and feel government intervention is a key component of a prosperous economy. The school of thought sees
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among the powerful nations that were attempting to create many colonies for themselves. Brazil was one of the most important colony to them because of all the resources they could export and make a profit from. The land was fertile and in addition to having crops‚ there was the presence of natural minerals. The Portuguese efficiently used slave labor to gain economic advantage. As the author noted in Slavery of Brazil‚ there was no one specific area of concentration for slaves to work. Slaves were
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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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Analyzing a Population Pyramid Use the Census Bureau website to complete the chart below for the assigned Complete the table for each selected country Country: Brazil Demographic Variable Value Birth Rate (per 1‚000) 3.009 Death Rate (per 1‚000) 1.309 Natural Increase (%) 0.8 Infant Mortality Rate (per 1‚000 live births) 20 Total Fertility Rate 1.8 Population 65 yrs. (%) ??? Life Expectancy at Birth (male/female) 73 Urban Population (%) 85 GNP/capita (U.S
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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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Slavery is by definition the condition in which one person is owned by another and is under the “master’s” control. Its origin can be found in almost all great civilizations‚ going from the Roman Empire to the Great Egypt. Over time‚ it had gained a different aspect when Arabs started trading them as merchandise in northern and eastern Africa through the Sahara desert. Following those movements of slavery‚ Europe also in search of resources for his mercantile economy seeks to export those slaves
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nut automatically but efficiency is much lower then manual operation. Due to en excess of processing capacity in India they have been supplied with raw nuts from other countries to cover the processing capacity. 1. ANALYSIS INDIA VS BRAZIL SWOT INDIA Strength (Internal) Opportunities (External) Very good trained manual workers Low wages R&D with advanced technology Potential in increase of production High nut consumption in India Experience in producing and processing
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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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