Introduction: With the interest rates having been cut four times since December 2009‚ by 350 basis points‚ the South African Reserve Bank (SARB) declared that the domestic economy is slowing. Two consecutive quarters of negative growth is evidence that an economy is in recession. The contraction in growth is believed to have been caused by a slump in export demand‚ forcing both manufacturers and miners to cut production. The SARB’s monetary policy committee is in meeting to discuss further rate
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Assignment 2 Semester 1 Unique number 570259 Question 1 1.1 The steps to consider in designing and developing the training programme are as follows: Developing of training program material Formulate learning outcomes Determine / select content Sequence content Select instructional strategy Select instructional media Design lesson plan Question 1.2 Below is the comprehensive training programme for each of the key activities: Formulate the learning outcomes Outcome = end product of learning
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Introduction----------------------------------------------------------------------------------2 Part one-------------------------------------------------------------------------------------2-3 AD=G+I+X-M--------------------------------------------------------------------------------2-3 Part two--------------------------------------------------------------------------------------4-5 Macroeconomic objective----------------------------------------------------------------4-5 Part three
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Lesson 4 1. If an economy produces final output worth $5 trillion‚ then the amount of gross income generated by that production: is $5 trillion 2. Which of the following would not be ian expenditure on a final good or service? a medical clinic’s purchase of flu vaccine 3. Which of the following would be included in GDP? payment of the monthly telephone bill by Mr. Laconic 4. Consumption in the expenditures approach to calculating GDP includes: purchases of medical services at the local clinic
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seeking work) for more than 12 months be able to acquire the benefits of unemployment? -Should taxes on goods detrimental to people’s health (tobacco‚ alcohol‚ etc.) be increased in exchange for a decrease in other taxes (property‚ income‚ etc)? 2. Define in your own words and use examples to illustrate: a. Opportunity cost- when you make a decision‚ your opportunity cost is the next most valuable alternative‚ or the value of the next best option. What you sacrifice. Example: if I wasn’t
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amusing‚ I also totally remember the excitement‚ anxiousness and remarkable amount of cluelessness that comes with being a brand spanking new college freshman. My first semester of college was certainly an experience. And I use the word experience BECAUSE Experience is what I get when I didn’t get what I wanted. The first semester of my freshman year of college was a whole bunch of not getting what I wanted. Not getting things that I applied for. Not fitting into the group of people that I wanted
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____ Student Number: __________________________________________________________________ UNIVERSITY OF SYDNEY ECON1002 INTRODUCTORY MACROECONOMICS Mid-semester Exam Semester One‚ 2012 Instructions: ________________________________________________________________________________ Time allowed: 60 minutes (plus 5 minutes reading time). The exam consists of 2 sections. Section I includes 10 multiple choice questions worth 1 mark each. To answer in this section‚ mark the letter representing the
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must meet two basic concepts of economics these are Microeconomics and Macroeconomics and to get to know these concepts is necessary to know which is the economy and economics is the science that studies human behavior and trade ‚ sales tax‚ receipt of wages‚ credit‚ is the science of the usual business of the above are some definitions that can be found in the economy as such. In this research we can differentiate macroeconomics microeconomics its relationship to the economy to serve both‚ we can
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WALES SCHOOL OF ECONOMICS ECON1202/2291 QUANTITATIVE MEHODS A FINAL EXAMINATION SESSION 2 2008 TIME ALLOWED - 3 HOURS THIS PAPER IS WORTH 60% OF THE TOTAL SUBJECT MARK Questions: 7 Students must attempt no more than 6 questions Marks per question: 10 Exam weighting: 60%. Instructions to Students: - Complete all of the details required on the front page of the examination booklet. - Make sure that you note the SIX(6) questions attempted on the front of your examination booklet - If Seven questions
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Christopher Ragan Leacock 321-C Economics 295B Introduction to Macroeconomic Policy Tuesdays and Thursdays‚ 4:00 pm – 5:30 pm‚ Leacock 132 ***** I. Housekeeping Details 1. Office Hours. My office hours are Tuesdays and Thursdays from 10:00 am - 11:00 am. If you are unable to see me then‚ please speak to me to arrange an appointment. 2. Required Textbook and MyEconLab. The textbook for this class is the macroeconomics half of Economics‚ by C. Ragan and R. Lipsey (13th Canadian Edition
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