Factors that determine investment: 1. Marginal efficiency of capital:- The marginal efficiency of capital is called the expected return of capital or expected rate of profit on an investment. PV = R + R + R + …………… + R (1+i) (1+i) (1+i) (1+i) Keynes define the marginal efficiency of capital as “ MEC is being equal to that rate of discount which make the present value of
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Describe the government and domestic environment of the country where your company is headquartered‚ then describe the international environment. Outline what organizations you may be associated with. (Example; WTO‚ OPEC‚ etc.) Examine the 1st country of International growth you outlined in your 10 year vision. Why did you strategically select that country? In what ways will your company contribute to the foreign country’s economic development? Are there any political concerns associated with
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“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012‚ when the terms of the Budget Control Act of 2011 are scheduled to go into effect. Three hours before the midnight deadline on January 1‚ the Senate agreed to a deal to avert the fiscal cliff. The Senate version passed two hours after the deadline‚ and the House of Representatives approved the deal 21 hours later. The government technically went "over the cliff‚" since
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FEATURE The Role of Technology in National Development Emmanuel O. Egbogah Executive Chairman Emerald Energy Resources F rom the beginning of time‚ man has strived to improve his way and quality of life. The caveman discovered how to make and use tools‚ developed a logical sequence for activities‚ and evolved processes that added value to his life. The totality of the use and application of his knowledge‚ skills‚ tools‚ and materials constitutes what we today describe as “technology
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goal and actively attempting to influence government policies. II. Why have interest groups been so successful in the United States? Variety of interest due to economic social cleavages among the members of the American society Efficient Democracy Accessible Government- Multiple points of access III. Types of Interest Groups Economic Interest Groups Business The US Chamber of Commerce The Business Roundtable Agriculture The American Farm Bureau National Farmer’s
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National Environmental Policy Act (NEPA) By Andrew Arrand In 1969‚ our Country‚ and our environment were screaming for help! Scientists‚ Ecologists‚ Wild Life Experts and a whole laundry list more came up with an agency to protect our environment. Today we call it the National Environmental Policy Act or (NEPA) of. The Law was officially
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INDIA’S NATIONAL AGRICULTURAL POLICY: A CRITIQUE Ramesh Chand∗ ∗ Agriculture is described as the backbone of Indian economy‚ mainly because of three reasons. One‚ agriculture constitutes largest share of country ’s national income though the share has declined from 55 percent in early 1950s to about 25 percent by the turn of the Century. Two‚ more than half of India’s workforce is employed in its agriculture sector. Three‚ growth of other sectors and overall economy depends on performance of agriculture
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4a) National income is the total value of goods and services produced in a country in any given year. Government expenditure (G) is the amount of money the public sector spends on public goods and services‚ such as maintaining public schools‚ as well as public investment expenditure‚ such as building of public infrastructure. An increase in government expenditure will cause a direct increase in the aggregate expenditure (AE) of the economy. This will increase the national income of the economy via
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Lesson 5 The concept of national interest can be defined as the goals that states pursue to maximize what is selfishly best for their country. It is a very central issue in international relations. National interest could also be defined as the principles‚ perceptions and practicalities that together shape a state’s foreign policies. Basically‚ a state’s sovereignty is its most important asset and it seeks to preserve and promote it at all costs. In his book National Interest‚ Joseph Frankel says
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Department of Education (the unit charged with teacher preparation) at Wheaton College envisions the teacher as an agent of change. This conceptualization of teaching has a spiritual and historical foundation as well as a theoretical framework. The role of teacher as an agent of change is tied closely to the college’s mission‚ “to produce whole and effective Christians to serve Christ and His Kingdom” (Wheaton College Catalog‚ 2002‚ p. 4). This mission‚ which calls Wheaton students to integrate their
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