(A) Illustrate the circular flow of income diagram and explain why different methods of measuring Gross Domestic Product should‚ in principle‚ always give the same result. (7%) (B) Explain the difference between nominal and real GDP. (3%) Gross domestic product (GDP) also known as national income is defined as the monetary value of all the finished goods and services produced within a country in a specific time period. GDP can be defined by the following
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Introduction Albinism is the state or condition being an albino. Also it is often caused by the absence of tyrosinase‚ an enzyme essential for the production of cellular pigment. Albinism is a form of hypopigmentary congenital disorder‚ characterized by a partial hypomelanism or total lack of melanin pigment in the eyes‚ skin‚ and hair. Albinism results from inheritance of recessive alleles. Also another term used for albinism is an albino. Albinism is hereditary; it is not an infectious disease
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Anatomy of the Thorax MCQ and Spotter Hint: Cross section: Which artery (vein also indicated)? The correct answer is: Internal thoracic artery Click on the correct name for this structure: The correct answer is: Descending aorta Click on the correct name for this structure The correct answer is: Rib: head The correct answer is: Pulmonary artery The correct answer is: Sternum: xiphoid process The correct answer is: Posterior intercostal artery The correct answer is: Brachiocephalic artery
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Term Sheet BUS605: Venture Capital and Private Equity Term Sheet “A term sheet is a non-binding agreement setting forth the basic terms and condition under which an investment will be made. The term sheet serves as a template to develop more detailed legal documents. Once the parties involved reach an agreement on the details laid out in the term sheet‚ a binding agreement or contract that conforms to the term sheet details is then drawn up” (Investopedia‚ 2013)
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ANSWER FOR QUESTIONS CHAPTER 15 1/ To what extent do you believe that individuals are responsible for their own weight (or in the case of children‚ parents or guardians)? I believe that individuals should be responsible for their own weight. It is true that advertisements and other sources of marketing influences people. However‚ such sources by no means force people to eat a particular product. It is people who ultimately choose what they are willing to buy and eat. In case of children‚ it should
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Chapter 8 |1. |Explain the way Islam began to fragment along three separate paths. What were these paths‚ and how were their beliefs different?| |2. |Explain how Islam was able to spread from Spain to India in a relatively short amount of time‚ dominating a wide range of | | |territories and societies. | |3. |Describe the evolution of Islamic civilization
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Muscle Test #1 Study Guide 1. What are the primary functions of muscles? What are skeletal muscles made of? Five Skeletal Muscle Functions 1.Produce movement of the skeleton •By pulling on tendons that then move bones 2.Maintain posture and body position 3.Support soft tissues •With the muscles of the abdominal wall and the pelvic floor 4.Guard entrances and exits •In the form of sphincters 5.Maintain body temperature •When contraction occurs‚ energy is used and converted to heat
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Chapter 15 * Now that Mr. Collins has a good house and a good income‚ he intends to marry. His plan is to choose one of the Bennet daughters; this is his method of "atoning" for inheriting their father’s estate. * He is interested in Jane‚ but Mrs. Bennet lets him know that Jane is likely to soon be engaged‚ so he quickly switches his affections to Elizabeth. * Mr. Collins accompanies all the girls‚ minus Mary‚ on a walk to Meryton. * While in Meryton‚ the girls get excited about
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APPENDIX CHART 1.1: FX Market Share by Bank FX Market Share by Bank (2006) Others; 17‚52% MS; 2‚90% ABN; 3‚20% DB; 19‚26% ML; 3‚68% JPM; 3‚89% BoA; 3‚97% HSBC; 5‚04% GS; 5‚25% RBS; 6‚43% Barclays; 6‚61% UBS; 11‚86% Citi; 10‚39% CHART 1.2: Transaction Type Transaction Type 1 FX Swaps; 55% Spot; 34% Outright Forwards; 11% 0% 20% 40% 60% 80% 100% 1 CHART 1.3: Currency Share Single Currency Involvement GBP 8% CAD AUD 2% CHF 3% 3%
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6. A proforma cost sheet of a company provides the following particulars : Elements of Cost Material 40% Direct Labour 20% Overheads 20% The following further particulars are available: (a). It is proposed to maintain a level of activity of 2‚00‚000 units. (b).Selling price is Rs.12 per unit (c) Raw materials are expected to remain in stores for an average period of one month (d) Materials will be in process‚ on averages half a month. (e) Finished goods are required to be in stock for
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