Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
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1. From the definition of GDP we arrive at the following expression: c + i + g + x-m = y = c + s + t Discuss the three important economic relationships that can be derived from this expression related to the definition of GDP and explain each carefully. The expression above depicts two different ways to come up with real GDP for a country. The left side of the expression explains expenditure side of computing real GDP which can be rewritten as: y = c + i + g +x – m In real terms‚ it could
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Starbucks Macro-Environmental Analysis Starbucks is very well positioned to take advantage of sustained income due to a variety of strategic macro-environmental variables affecting its performance. Starbucks stage is the entire world‚ therefore must take into consideration the local countries current technological‚ economic‚ cultural‚ and political/legal environment‚ but also the interplay between countries as well. Starbucks cannot simply adapt completely policies and marketing
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Managing the Virus Hunters Questions: A-1: * Vincent use technical‚ human‚ conceptual skills to maintain an environment that encourages innovation and professionalism among the virus hunter by recognizing his employees that can help the new product development of the company. * He know how to communicate‚ motivate and inspire his team * He understands the relationship of the companies’ subunits and visualizes how his thing fits into its broader. A-2 A. Vincent play the management
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. One of the evidence about this is the article ’Optus hit with $5 million fine’ which was published in The Age of the July 8‚ 2011‚ it identify and explain the impacts and affects this
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What is the macro gross anatomy? The macro gross anatomy is the study of organisms with the naked eye. What is the skeletal system? The skeletal system is a very important part of the human body this consists of 206 bones‚ which together with different structures make the joints of the system. Within the skeletal system the structures present are the cartilage‚ bone tissues‚ fibrous connective tissues which form the ligaments of the bones Scanlon and Sanders‚ pp.122‚ 2014). The skeletal system
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skin. It is caused by herpes simplex virus (HSV). This condition commonly affects the fingers. The infection can recur‚ but the first occurrence is usually the most severe. HSV commonly affects the mouth and genitals‚ but it can affect many other parts of the body. Most people who get herpetic whitlow have an HSV infection in another part of the body that spreads to the fingers through a cut. What are the causes? This condition is caused by herpes simplex virus (HSV) type 1 and HSV type 2. You can
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University of the Philippines Diliman Extension Program in Pampanga Claro M. Recto Highway‚ CSEZ‚ Pampanga A.Y 2013-2014 LABORATORY WORK # 2 THE BINOMIAL DISTRIBUTION Submitted by: Briones‚ Kristelle R. Mangrobang‚ Jonathane Submitted to: Prof. Ernesto Adorio January 2014 Description: Our instructor instructed to put tabulate the Binomial Distribution for various n given the values of p which are (0.1‚ 0.2‚ 0.3‚ 0.4‚ 0.5‚ 0.6‚ 0.7‚ 0.8 and 0
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Influenza virus is one of the well-explored the pathogens and development of flu vaccine is considered as the most efficient strategy to defense the outbreak. However‚ the variability of the antigen and rapid reassortant of the genetic segments weakens flu vaccine effectiveness. And the protection of flu vaccine could not contribute to clinical treatment when the patients suffer from severe illness. Therefore‚ the study of the interaction between pathogen and host immune response is needed. The Hannover
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Microsoft Word and Excel Does Microsoft word and Excel have the most features for students? Some people feel word is better than excel. Word is a basic program that allows‚ students the ability to type letters or essays and in excel you have to input data into spreadsheets‚ which can be more complicated to do than just typing an essay. Word is the word processing application that is used to compose documents like letter or essays where text formatting is very essential to provide a printable
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