National Average of Gas Prices 2000-2001 In the beginning of the summer‚ when most people drive to vacation spots throughout the United States‚ gas prices reached record highs. In June 2000‚ the national average was $1.68 per gallon and in some larger cities; the prices soared to $2.00 and more per gallon (Facts.com‚ 2005). Americans were furious not only because consumers were paying more at the pumps‚ but because rising fuel costs have triggered inflation. Americans realized that if
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and Cultural effects of September 11th‚ 2001 Most people around the world remember the two American passenger planes crashing into the Twin Towers on September 11th‚ 2001. American Airlines Flight 11 and United Airline Flight 175 will never be forgotten. These two planes that were piloted by members of the terrorist group Al-Qaeda‚ will be remembered as causing the deaths of approximately 3‚000 innocent people. The attacks made out on September 11th‚ 2001 were said to be the largest acts of terror
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A Tragedy That Will Never Be Forgotten: September 11‚ 2001 The Unites States of America faced the largest loss of life on its own soil as a result to these hostile attacks. The terrorist attack left an emotional crisis for America. Although a decade has passed‚ America has not overcome the disbelief that occurred on that particular day. President Bush declared this attack as a “War on Terror”. This paper will explain how 9/11 affected me personally and how have it change the country. I will also
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How successfully did Eisenhower’s administration address Cold War fears after WWII from 1948 to 1961? Eisenhower’s administration was to a somewhat large extent successful in addressing Cold War fears after World War II through attempts at promoting capitalism and preventing the spread of Communism. I. General American Fears after WWII. A. Spread of Communism fear of U.S. becoming Communist. B. China Communist fear. C. McCarthyism heightened fear. D. Hesitation of action to prevent WWIII
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Backed Up Against the Environmental Wall‚ Clean Coal Makes a Comeback With the walls of alternative fuels closing in on the once versatile energy source‚ coal has witnessed a gradual decline in demand over the past few years and is slated to no longer being seen as the primary source of sustainable energy. Rising costs of coal extraction and stricter emission regulations by government bodies like the Environmental Protection Agency (EPA) have threatened to end to coal’s reign as the energy source
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As the first official document that defined the United States government‚ the Articles of Confederation both reflected the principles and view points of the American Revolution and emphasized the practical uncertainties of democratic government. To say that the Articles of Confederation provided the United States with an effective government‚ would be over-exaggerating quite a bit. The Congress was weak‚ and was purposely designed to be weak. They were purposely set up as a weak government so that
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In his inaugural speech on January 20 th in 2001‚ President Bush reminds the American people of the rare authority in history and that they can easily affirm old traditions and make new beginnings. He begins with the story of the United States and gives several examples like slavery or the immigrants coming to America. After that he describes the ideals everyone has got‚ the promise that everybody deserves a chance. Furthermore Bush requests Americans to enact this promise and to follow that course
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Islam is a very unique and controversial religion in modern society because of terrorism and many other reasons. On September 11th‚ 2001 Osama Bin Laden lead on of the most vicious acts of terrorism America has ever seen. Bin Laden justified his actions in a letter to America stating “The US attacked us in Somalia; The US supported the Russian atrocities against us in Chechnya‚ the Indian oppression against us in Kashmir‚ and the Jewish aggression against us in Lebanon.” This shows that Bin Laden
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Earnings Retention Ratio = 1 Dividend Payout Ratio ∑ Return on Equity (ROE) = Net Income / Owner ’s Equity As demonstrated in the accompanying tables‚ both Costco and Wal-Mart Corp retained all of their earnings for the periods 1997 through 2001 so their dividend payout ratio is 0 and its earning retention ratio is 1. This means that both Costco and Wal-Mart Corp. retain 100% of earnings therefore paying out 0% in dividends‚ which is indicative of rapidly expanding companies. If Costco
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The Harvard Management Company (2001) Case You will design an excel spreadsheet that allows you to answer the following questions: i) Given figures in Exhibits 4 and 11 what is the expected return and volatility of the policy portfolio? ii) Find an efficient portfolio having the same expected return as the policy portfolio but lower volatility. iii) Find an efficient portfolio having the same volatility as the policy portfolio but higher expected return. iv) Repeat question ii
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