1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event‚ what will happen to the price level? Use a diagram to assist in answering this question. 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National
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Problem Set 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following topics is NOT a primary concern of macroeconomists? A) relative wages of skilled and unskilled workers B) unemployment C) differences in standards of living across countries D) fluctuations in the level of economic activity 1) 2) Primarily‚ macroeconomists use microeconomic principles to study A) business cycles and trends in the stock market
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Although both GDP and HDI measure the standard of living in a nation through one statistic‚ GDP is less comprehensive than HDI‚ making it not reflect societal well-being as all-rounded as HDI. GDP show total income of a country‚ indicating that only economic growth is taken into consideration. However‚ through means and expected years of schooling‚ life expectancy at birth and gross national income per capital‚ HDI can cover three dimensions: education‚ health and living standard‚ making HDI serve
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Fire and ice The world could possibly end in two ways. The author‚ if he had to perish twice would like to try both. Fire is desire and I think ice is equated to hate. I don’t think he necessarily thinks one has a greater destructive power than the other‚ but that his first choice would be fire/desire. This is because I think that the fire represents love. Both fire/desire and ice/hate can be extremes of emotions and the elements. Do you find it interesting that his last name is Frost?
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I am currently on a synchronized ice skating team called The Ice Formetts. In our group we have a team caption‚ a coach‚ two line leaders and-now-overall twenty-four skaters. Our team caption focuses on expressive leadership. She tries to keep us all content and working together as a team. Our coach on the other hand‚ comes up with our programs and can be rather harsh. She does not care if she hurts our feeling‚ she just cares about the goal-which is to win at competitions. She uses instrumental
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MCD2090 Revision Tutorial ( T2‚ 2012) The following questions have been taken from the weekly tutorial questions. You are expected to attempt all of the following questions before you attend tutorial in week 12. 1. Topic: Saving‚ Investment and the Financial System Terms and definitions: * * Financial system * Financial market * Financial intermediaries * Market for loanable funds * Real interest rate * Investment tax credit * Budget deficit * Budget
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Iceburg “The Ice Man”‚ by Haruki Murakami‚ is the story of a 20 year old Japanese woman who falls deeply in love with an Ice Man. Everyone seems to avoid the Ice Man‚ but the woman is strangely attracted to him. The woman and the Ice Man begin to date‚ and eventually get married. The woman’s family and friends are so ashamed of the marriage that they stop talking to the woman completely. Although she does love him‚ the woman begins to grow bored of the repetition and isolation the Ice Man has brought
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Macro environment factors are uncontrollable external forces that affect how a business operates. They are largely out of the control of the business‚ and often require changes in operating‚ management‚ production‚ and marketing. Analysts often categorize them using the acronyms PEST or PESTEL. Broken down‚ PEST stands for political‚ economic‚ social‚ and technological concerns. PESTEL also includes environmental and legal factors. Political Political macro environment factors include things like
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Ice Ages and Climate Change Scientists believe that over the past 2.8 billion years‚ immense layers of ice have covered the Earth. The ice age proposes a puzzle composed of the works and findings of dozens of scientists through history‚ each providing a crucial piece to the puzzle. Scientists who worked on the development of this puzzle ranged from Geologists‚ Astronomers‚ Physicists‚ and early Biologists whom ultimately proved the complexity of this expanding subject. Progressing from a hypothesis
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Ice-‐Fili Case Study Comm 491 – Momo Deretic 9:30am Tuesday/Thursday M a r t i n M ‚ R y a n P ‚ S o h y u n P ‚ D i e g o S Introduction From 1996 to 1998 Ice-Fili suffered from huge increases in costs that gradually ate at their margin at alarming rates. Even worse‚ from 1999 to 2001 they had a huge decrease in sales and got into liquidity problems. The economic situation for Fili seems
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