MACRO ECONOMICS Classical Dichotomy The classical dichotomy is rooted in the understanding that in the long run‚ real output is determined by “real” inputs such as labour‚ capital‚ natural resources and TFP‚ but not money. This means that changes in the money supply determine changes in the price level over time‚ but not real output. However‚ it is important to remember that the classical dichotomy applies only in the long run. Almost all economists would agree that money and price can have very
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Macro Environment The larger societal forces that affect the microenvironment- demographic‚ economic‚natural‚ technological‚ political‚ and cultural forces. These factors represent constraints within which all organizations including the automobile industry must function. Macro Environment For any decision there is n number of factors which influences the decision. Be it a decision related to any organisation‚ any business concern or even an individual. Thus it is per se very much necessary
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Special Features of marketing theory 6. Which is better? Why? 1. micromarketing Micro refers to the marketing activities of individual units‚ normally individual organizations (firms) and consumers or households. (Hunt‚ 1976) 2. macromarketing Macro suggests a higher level of aggregation‚ usually marketing systems or group of consumers. (Hunt‚ 1976) “---Macromarketing should connote an aspect of marketing which is ‘larger’ than what is otherwise considered” Bartels and Jenkins (1977) argue
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Fuel Systems PT- 264 By: Bobbie Day 3/28/2005 In this report I will explain the fuel systems in an automobile. I will cover different parts and how they work. First thing to do is explain how the fuel system works. The purpose of the fuel system is to store and supply fuel to the cylinder chamber where it can be mixed
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ECONOMICS FOR MANAGERIAL DECISION MAKING-I (ECONOMIC ANALYSIS SIMPLIFIED FOR YOU) COURSE DURATION: 20 HOURS PER SEMESTER COURSE CREDITS: 02 1. ESSENCE OF ECONOMICS Problems of an economy; Solutions of these problems; Alternative system to tackle the problems; Economics‚ micro – economics & macro – economics; Basis building blocks of microeconomics – rationality‚ marginalism‚ opportunity cost‚ general & partial equilibrium. 2. FALLACIES AND PITFALLS Economics is about decision making
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LIQUID AND GASEOUS FUELS Dr. Noaman Ul‐Haq Solid‚ Liquid and Gaseous Fuels available Commercially l bl ll Solid Coals Cokes Briquetted Solid Pitch Coal Middling’s Liquid Gasoline Kerosene Diesel Fuel Oils Fuel Oils Coal Tar Fuels Tar Gaseous Natural gas LPG Blast Furnace Gas Coke Oven Coke Oven Gas Producer Gas Coal gas MAIN FACTORS FOR THE SELECTION OF FUEL A number of factors are to be considered A number of factors are to be considered when a fuel or a type of fuel is chosen for a
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Alternative Fuel A Good alternative fuel vehicle to add to the lineup of vehicles of Lotus Rental Car’s will be diesel operated fuel vehicles. You will not find a big popularity in diesel fuel engines in the United States like you would in Europe but it is growing especially with the new technology available now. Some of the benefits you will find in diesel engines are the savings. One will be in the miles per gallon (MPG) diesel fuel provides people with another option rather than gas and lasts
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Ethanol fuel is ethanol (ethyl alcohol). Ethanol‚ also called ethyl alcohol‚ pure alcohol‚ grain alcohol‚ or drinking alcohol‚ is a volatile‚ flammable‚ colorless liquid. A psychoactive drug and one of the oldestrecreational drugs known‚ ethyl alcohol produces a state known as alcohol intoxication when consumed. Best known as the type of alcohol found in alcoholic beverages‚ it is also used in thermometers‚ as a solvent‚ and as a fuel. In common usage‚ it is often referred to simply as alcohol or spirits
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Alternative Fuels Rebecca Holder‚ Linda Williams‚ Caprice Harris COMM/215 July 15‚ 2013 Dr. Lonnie McCray Alternative Fuels This assessment will focus primarily on the use of alternative fuel vehicles at Lotus Rental Car’s‚ discussing the advantages and disadvantages of alternative fuels and the impact it will have on the American public. With gas prices increasing daily‚ renting a vehicle is becoming a fast growing decision for families going on vacation and people who make their living
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Biodiesel Fuel The biggest problem the United States faces today when we talk about becoming energy independent is replacing the gas we use to power our vehicles. When we talk about replacing gasoline as the fuel we use to power our vehicles‚ biomass‚ hydrogen‚ and fuel cells are the three most talked about alternatives. Biomass‚ which is organic material made from plants and animals‚ contains stored energy from the sun. Biomass in the form of bio fuels can be used to make the same products
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