Assignment 2 The three major macroeconomic goals of an economy should be economic growth‚ low unemployment/full employment‚ and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’ (AmosWeb‚ 2012). The growth or loss of the economy is measured by the production of goods made in a year compared to the production of goods made in the previous year. If there is a greater production of goods and services in the present year‚ then there has
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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Market Potential Indicator Purpose of Indicator As the name states‚ it is a measure of the market potential of a country using several dimensions‚ ratings‚ indexes and percentages. Currently‚ emerging economies comprise more than half of the world’s population‚ account for a large share of world output and have very high growth rates‚ which mean an enormous market potential. With global marketing becoming more important‚ companies and marketers are attempting to determine which international
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Question 1 1. Economics studies _____. How society manages its scarce resources social welfare ethical use of resources protection of workers’ rights 5 points Question 2 1. GDP ______ Is the Gross Domestic Price Index Measures the market value of all final goods and services produced in the U.S. in a given year Measures the cost of inputs to factories in a given year Measures the unemployment rate 5 points Question 3 1. Inflation results in _____. A general decrease in
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Target Canada In less than two years since it opened its doors to the Canadian market‚ Target Canada is closing its doors forever and moving back to its home market. It was 2011 when Target Corporation purchased 220 stores of Canadian discount retail Zellers for $1.8 billion. As Target had such an excellent reputation in the United States‚ Canadian customers had their expectations up in advance of Target’s arrival to the great white north. One of the fundamental issues that Target struggled with
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Macroeconomics is the study of how a national economy works with a view to understanding the interaction between growth in national income ‚employment and inflation. It also looks at balance of trade and the rate of exchange. Most national governments have four main objectives for their national economies. These are; achieve a low and stable rate of inflation in the general level of prices‚ achieve a high and stable level of employment‚ and therefore a low level of unemployment‚ encourage economic
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Macroeconomy is influenced by many factors. These factors are analyzed with many economic indicators that tell us how the economy is functioning overall. These factors also help consumers‚ firms and government make better financial decisions. Consumers and firms use these factors to forecast if expanding production is feasible. Governments turn to macro economy to make budget spending‚ creating taxes‚ deciding on interest rates‚ and making policy decisions. When looking at these factors‚ macroeconomists
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Procedure: Part I: Titration with an Indicator 1. Fill the 50-milliliter buret with a 0.25 molar NaOH solution. 2. Record volume. 3. Measure out between 20 milliliters and 40 milliliters of the unknown HCl solution. 4. Record volume. 5. The amount of unknown HCl is then added to the 100-milliliter Erlenmeyer flask. 6. Add two drops of the indicator‚ phenolphthalein‚ to the acid in the flask. 7. Using the slider on the right hand side‚ add NaOH to the HCl in the Erlenmeyer
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Econ 103 Ch 4: Page 88 (page 490 in Economics) 1. Define GDP and distinguish between a final good and an intermediate good. Provide examples. GDP is the market value of all the final goods and services produced within a country in a given time period. A final good or service is an item that is sold to the final user‚ that is‚ the final consumer‚ government‚ a firm making investment‚ or a foreign entity. An intermediate good or service is an item that is produced by one firm‚ bought
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LCI Leakage Current Indicator SABYASACHI BHOWMIK CONTENTS : 1. Introduction 2. What is LCI ? 3. Working procedure of lci. 4. Circuit diagram 5. Claims. Introduction In our daily life‚ we use lots of electrical objects‚ such as‚ air cooler‚ electric fans‚ etc. In those objects‚ if there is leakage current‚ means‚ if a short circuit is made there‚ then the leakage current may cause a lot of harm to us. If unknowingly
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