A budget surplus may create a temporary artificial prosperity. The short term effect is usually inflationary as the government sees surplus meaning the economy is more productive‚ thus can shoulder a higher tax burden when in actuality taxes should be lowered. The tax burden‚ allegedly imposed to cool the economy‚ tends to raise prices‚ thus increasing tax revenue‚ contributing to the continuance of the surplus until such time as prices cause consumers to spend less. While a surplus represents
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Budgets provide a means for planning the financial future and play a vital role for planning. Budgets simultaneously make managers construct and implement plans‚ contribute useful information for improved decision making‚ provide a standard to administer performance evaluation‚ and enhance organization and communication. An essential component of the budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to
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project will be evaluated usingNPV/IRR. Step 3: Prioritize Profitable Projects Based on the Firm-wide Project Once the profitable projects have been identified‚ the finance manager needs to prioritize these projects based on the firm-wide capital budget‚ requirements and strategy. Sometime a project may be profitable but can wait for some time compared to another project which is critical for the firm’s strategy. For example‚ while choosing between buying new machinery vs. replacing an existing technology
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April 9‚ 2012 Terance Carlson This paper will discuss three main operating systems‚ Windows‚ Linux‚ and OS X. All three of these operating systems have features which are unique unto themselves. Although there may be arguments as to which one of these three operating systems is better it really all comes down to what features are needed for each user. This paper will describe the features that each of these operating systems has to offer. First‚ Microsoft Windows. Microsoft began its dominance
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Moss – 8.1 Analyzing the Elements and Defense of a Crime As a paralegal you should be a where of what charges pertain to what crime however you will still need to analyze whether all elements of that crime can be found in the facts of the case given. An analysis is known for being complete until all possible defenses have been looked over. Based on the scenario given Anthony hit a motorcycle while driving under the influence‚ leaving him to be charged with a DUI. The elements of a DUI consist of being
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of differently than it ever was before. With so many mixes out there it is almost impossible to guess a person’s race based solely on appearance. Race is not something we can see or even prove scientifically. In modern terms‚ “race is a socially constructed category composed of people who share biologically transmitted traits that members of society consider important.” (Farrell 2012). Which means race is something made up by humans to categorize people who share biological traits. In a scientific
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Toward a Cloud Operating System Fabio Pianese Peter Bosch Alessandro Duminuco Nico Janssens † Thanos Stathopoulos Moritz Steiner Alcatel-Lucent Bell Labs Service Infrastructure Research Dept. †Computer Systems and Security Dept. {firstname.lastname}@alcatel-lucent.com Abstract—Cloud computing is characterized today by a hotchpotch of elements and solutions‚ namely operating systems running on a single virtualized computing environment‚ middleware layers that attempt to combine
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Socially constructed gender roles have dictated who works‚ what kind of work they do‚ acceptable reasons for their presence in the labor force‚ and even how well they are compensated. Prior to the 19th century‚ in this mostly agrarian society‚ men where attached to the land and women were expected to operate within the confines of the home. However‚ the changing nature of the economy and work unsettled the stasis of clearly defined roles. In trying to cope with this shift‚ American society was afflicted
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Interim Budget 2014 Global cues not to overly hit India‚ India held its head above water during global crisis Fiscal deficit for 2013-14 will be contained at 4.6% Export seen at $326 billion showing 6.3 per cent year-on-year growth Growth for FY14 estimated at 4.9%; Q3‚ Q4 growth seen at 5.2% I reject the argument of policy paralysis Let history be the judge of last 10 years Economy in much better shape now than it was two years ago 10-year trend growth rate at 6.2 per cent‚ UPA I and II
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Europe‚ Latin America‚ and Asia. Further‚ the company has also built a solid brand that is highly valued for its reliability. Since the launch of Apple’s iPhone in 2007‚ however‚ Nokia’s dominance has been challenged. Apple’s radical expertise in operating systems featured user-interface and functionality technology that changed the way other handset manufacturers thought about their design philosophies. Nokia has been slow to adapt to the smartphone revolution and has since witnessed a steady erosion
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