OUTPUT-EMPLOYMENT THEORIES (CLASSICAL AND KEYNESIAN) Classical Theory (A) Introduction: Employment and output analysis at macro level has become an important part of economic theory only during and after the Second World War period. It was J. M. Keynes who first analyzed the frequent problem of unemployment and fluctuating levels of real output or national income. Before Keynes’ General Theory (1936) there was hardly any important and serious discussion of the problem of unemployment. However
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HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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Chinese Tourism & Hospitality Industry : how the growing number of Chinese tourists can help boost the Colorado economy. In Colorado‚ the Colorado loves California campaign has helped fuel the states economy and generated increased state revenues. Direct revenues related to this particular marketing strategy and indirect revenues have boosted the state economy in a number of different sectors‚ including the housing market‚ tourism‚ retail‚ as Colorado continues to campaign for entry of
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So McAuslan brewing all started with a guy named Peter McAuslan he was born and raised in lachine Québec any was educated at Sir George Williams University which is now known as concordia University. he graduated in 1972 with a bachelor of arts From there he worked at the YMCA in Montréal and Dawson College - this is where he met his wife Ellen Bounsall. After being tired of doing the same old thing‚ peter wanted a change. So in 1987 Peter decided to leave Dawson College and devote his
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time you climbed in the car and tasted some delicious‚ authentic Texas cuisine? If you live in Plano‚ you’re lucky to live close to some real culinary gems. And if you’re just passing through‚ you owe it to yourself to make the most of your time in this all-American city by tasting the best of what it has to offer. Here are five restaurants in Plano where you’ll find authentic Texan food that’s well worth a drive. Love and War in Texas Born-and-bred Texan Tye Phelps credits John Steinbeck with at
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The Texas and U.S. Constitution The Texas and U.S. Constitution are by far the two greatest documents ever created. Reason being is that the U.S. Constitution was thought up by some this countries greatest men‚ and the Texas Constitution well it has the word Texas in it so that alone makes it great. However even though these two documents are great in their own respective ways they are in fact different and similar in some very interesting ways. The United states constitution is meant to
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understand that within the state of Texas‚ the Supreme Court‚ the court of criminal appeals and other district courts offer vacancies for judges whose practice of law is meant to resolve any conflict that arises in due course (Mott‚ 49). It is a constitutional requirement for the selection of nine judges of the Supreme Court‚ nine justices to preside over the court of criminal appeals and an additional 80 judges who fill the various courts of appeal across the state of Texas (Hansberger‚ 121). Moreover
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In 2001‚ James M. Kilts‚ then newly appointed as chief executive officer of Gillette Co.‚ replaced two-thirds of the company’s senior management team and trimmed 3‚700 jobs‚ more than 10% of the company’s work force. Employees of the century-old company thought they had seen the shake-up of all shake-ups. Just wait until they see what Procter & Gamble Co. could have in store. In announcing the $52.4 billion takeover of Gillette‚ P&G’s CEO‚ A.G. Lafley‚ said he planned to "learn a lot from the people
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I”ve never seen a ghost. but like they say‚ there is a first for everything. So many myths told‚ yet no proof of it being real. The story goes‚ There is a well-known abandoned house in Texas believed to be haunted. No one has actually been inside the house. They say that there is a mother in a black gown longing‚ crying for her children whom she drowned in her bathtub then hung herself afterwards. Why? No one knows. One day I decided to gather a group of four friends and ask who would like to come
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SWOK 534- Fall 2012 Mental Health in Texas prisons and jails October 13‚ 2012 University of Southern California A. Introduction: Issue‚ Policy‚ Problem: Texas has approximately 24.3 million residents according to 2010 state statistics from the National Alliance on Mental Illness. Close to 833‚000 adults live with a serious mental illness. Within these 24.3 million residents of Texas in 2008‚ approximately 37‚700 adults with a mental illness were incarcerated (NAMI.org). Additionally‚ there
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