Chap1: The National Economy I. THE SCOPE OF MACROECONOMICS the major macroeconomics issues Economic growth; governments try to achieve high rates of economic growth economies suffer from inherent instability. As a result‚ economic growth and other macroeconomic indicators tend to fluctuate. Rate of eco growth: the percentage increase on national output‚ normally expressed over a 12 month period. Unemployment waste of human resources‚ unemployment benefits are a drain on gov revenues
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A) B) Answer C) D) 1. What is the simple interest for a principal of $620 invested at a rate of 7% for 3 years? $173.60 $130.20 $172.60 $129.20 A) B) C) Answer D) E) 2. If you borrow $1100 for 5 years at 14% annual simple interest‚ how much must you repay at the end of the 5 years? $770.00 $2215.13 $2117.96 $77‚000 $1870.00 A)Answer B) C) D) 3. How much interest is earned in 5 years on $2‚900 deposited in an account paying 7.1% interest‚ compounded quarterly? $1‚223.07 $1‚186.44 $266
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Lobbyist and interest group in Texas are spending millions of dollars on food and beverage and thousands of dollars on entrainment. This is outrageous amount of dollars that they could be spending on something useful instead. In my opinion there should be a tougher restrictions and more strict oversight on interest groups. Interests group are more influenced over public policy with large sums of money for elections. The wealthy interest is more focused on other factor than what the rest of the
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Public Interest Litigation (PIL) PIL in broad terms means litigation filed in a court of law for the protection of “Public Interest” on the wide variety of subjects concerning citizens. The history: Public Interest Litigation popularly known as PIL can be broadly defined as litigation in the interest of that nebulous entity: the public in general. Prior to 1980s‚ only the aggrieved party could personally knock the doors of justice and seek remedy for his grievance and any other person who
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"National interest’ is the most important factor in the formation of any foreign policy. Evaluate this claim". ___________________________________________________________________ It would seem a self-evident claim that national interest must play a significant part‚ if not a central one‚ in the formation of any state’s foreign policy. This claim could be made because it would appear natural that the role of the state‚ in any situation‚ is primarily to further the interests of the society and
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A dispensing mechanism ousted the formal legal system: Public Interest litigation Public interest litigation is a concept of recent origin evolved by the supreme court on the plinth of equal justice by giving liberal interpretation to the long standing rigid concept of locus standi. The supreme court advocated for social justice for the poor by the way of public interest litigation and court devised the new tool for mitigating the suffering of poor people. Article 39A of the constitution mandates
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subject lines. Multiple Choice: True/False (5-2) Compounding 1. F J Answer: aEASY Starting to invest early for retirement increases the benefits of compound interest. a. True b. False (5-2) Compounding 2. F J Answer: bEASY Starting to invest early for retirement reduces the benefits of compound interest. a. True b. False (5-2) Compounding 3. F J Answer: aEASY A time line is meaningful even if all cash flows do not occur annually. a. True b. False (5-2)
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Joubert‚ M. (Ed.) Proceedings of the British Society for Research into Learning Mathematics 29(1) March 2009 Exploring Children’s Attitudes towards Mathematics Ben Ashby University of Warwick This paper explores the behaviour‚ attitudes and beliefs of primary school pupils towards mathematics in the classroom and the impact that this may have on their mathematical ability. The study focused on year 3 pupils from a local school‚ some of whom took part in focus groups towards the end of
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National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income
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Introduction of Special Interest Tourism The tourism industry has changed over the years along with the socio-economic situations in many countries. Therefore‚ tourism markets that were popular twenty years ago are now in deterioration as travellers look for some kind of fulfilment and meaning at the destination. Special interest tourism (SIT) can be defined as a form of tourism that provides an enriching experience that is of special interest to visitors in addition to other leisure activities
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