ECON112 Macroeconomics Problem Set 1 *Solution* By Yao Amber Li Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) ------------------------------------------------------------------------------------------------------------------------------------ 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument. (10 marks‚ 2 marks each) One mark is for correct judgment. One mark is for correct argument. 1. GDP is the value of all goods and services produced
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internal communication plays a significant role in the success of any business. Without a proper channel of communication within the organization‚ the company will face various operational problems like decrease in sales‚ increases the turnover rate of employees and unsatisfied customers like SHDE holding is facing now. Therefore it is important to understand the need of internal communication‚ the barriers affecting it and steps required to improvise the written and oral communication in the organization
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What is communication ??? Humans live their daily lives through a series of communications without which nothing in this world would be achievable. The medium through which men convey their innermost thoughts and will are expressed through a variety of communication channels. When you take a closer look at the number of expressions and responses that human beings make everyday you begin to understand the types of communication that exists in the world of Homo sapiens. Communication is a process
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Ice Cream Case Study Teaching Notes Video: Ben and Jerry’s Ice-cream Wars 1. What was Ben and Jerry’s ‘strategy’ in the video? 2. What stimulated the strategy? 3. Was it planned or emergent? 4. Was it successful? 5. How does this case help you think about ‘What is strategy?’ Were their decisions strategic? Yes‚ because: * Affected company as a whole * About scope and direction * Long-term Resource implications * Yes‚ they had to invest 5 pounds in a “correspondence
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The Harvard Management Company (2001) Case You will design an excel spreadsheet that allows you to answer the following questions: i) Given figures in Exhibits 4 and 11 what is the expected return and volatility of the policy portfolio? ii) Find an efficient portfolio having the same expected return as the policy portfolio but lower volatility. iii) Find an efficient portfolio having the same volatility as the policy portfolio but higher expected return. iv) Repeat question ii
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consumer i will be indifferent between having or not having an apartment.) 2 THE MARKET (Ch. 1) Price 60 50 40 30 20 10 0 1 2 3 4 5 6 7 8 Apartments (b) Suppose the supply of apartments is fixed at 5 units. In this case there is a whole range of prices that will be equilibrium prices. What is the highest price that would make the demand for apartments equal to 5 units? $18. $15. A‚ B‚ C‚ D. $10 to $15. (c) What is the lowest price that would make the market
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Irodov Problem 3.7 As shown in Figure 1‚ the charges are located in at the four corners of the square ABCD whose diagonal is of length 2l. Since the point Xis located at a height of x units from the plane of ABCD along its central axis‚ the distance of X from any of the corners A‚B‚C and D is . The electric field strengths due to each of the four charges located at corners A‚B‚C and D are given by‚ The vertical components of EC and EB will cancel
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The Brewster-Seaview Landscaping Co. Part 1 During the summer of my freshman year in college‚ I worked for a small private landscaping company planting shrubs‚ seeding new lawns‚ cutting grass‚ and tending flower gardens. The company was located in my hometown of Seaview‚ N.J.‚ which is a rural community on the coast about 80 miles from Philadelphia. The company was owned and run by Joe Brewster‚ a 45-year-old man who had lived in Seaview all his life. He had started the company some years ago and
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concern‚ including who and what is important to her‚ then extract a vision of a preferred future from her (Trepper et al.‚ 2011). The setting of specific‚ concrete and realistic goals is an important component of solution-focused counselling (Loh‚ 2014). Karen’s goals are formulated through solution-focused conversation about what she wants to be different in the future. Once a beginning formulation is in place‚ counsellor emphasises on Karen’s strengths and resources related to that vision. Furthermore
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all of its products to either insiders or outsiders and if buying center can obtain all of its requirements from either outside or insiders. The market price then represents the opportunity costs to the seller of selling the product inside. In this case‚ Thompson division had been running over capacity and
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