question is of equal value. (36 Marks) a) What is the difference between positive and normative statements in economics? Provide an example of each. Normative statements are subjective‚ often without a basis in fact or without evidence‚ the statements involve judgments about what should or ought to happen. Positive economics involves statements about economic reality‚ which can be supported or rejected based on facts. Positive statements don’t have to be true‚ but arguable. A minimum wage
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In the spa industry‚ there are different types of customers to do treatment‚ such as the teenager‚ adult and the senior‚ they have different reasons to use the spa service‚ such as want to do stretching‚ relax‚ reduce pressure‚ etc. And choose them base on their age. For the treatment that is provided‚ it has divided into 6 groups‚ they are hot therapies‚ cold therapies‚ water therapies‚ touch therapies‚ relaxation therapies and exercises. First‚ for the hot therapies‚ its include sauna‚ steam
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hard to define this decisive emotion. The universal definition of love is the natural response of the heart to the feelings and existence of all of life. There are also different levels of love. Pragma – love which endures‚ Philautia – self-respect‚ Eros – romantic and erotic love‚ Storge – family love. These four different types of love are exceedingly important in Hamlet. Love is an exceedingly important theme in Hamlet that controls most characters’ emotions which causes them to seek another dominant
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3. Evaluate GM’s currency hedging policies. [3 pages] {Gavin} {Ryan} The issue here may lie with the 50% to 75% hedge as it is doubtful as to why GM does not hedge its receivables / payables by 100%. Perhaps the issue is related to high costs of using options and their receivables / payables run into huge amounts. Additionally‚ GM is not keen on committing to a forward because they have positive expectations about the future exchange
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Financial Statement Analysis for Investors Michael Price MBA640: Accounting for Decision Making Dr. Ulinski December 11‚ 2012 Table of Contents: Section I: Introduction (Page 3) Section II: Literature Review (Page 4) Section III: Methodology and Data Collection (Page 5) Section IV: Results (Page 6) a. Income Statement Analysis (Page 7) b. Balance Sheet Analysis (Page 11) c. Statement of Cash flow Analysis (Page 14) Section V: Conclusion (Page 16) a. Recommendation
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Abortion is the removal of an embryo or fetus before birth. This may be spontaneous induced. There are many different types if abortions such as spontaneous abortion or miscarriages‚ Threatened abortion‚ Inevitable abortion‚ Complete abortion‚ Incomplete abortion and missed abortion. An abortion uses a vacuum to remove the fetus and related things from a woman’s womb. The procedure is usually done after 6 weeks of the woman’s last menstrual period. Women may receive medicine to help them relax and
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What are the different text types? There are four kinds of text types: Descriptive‚ Informative‚ Instructive‚ and Persuasive texts. Descriptive Text * A descriptive text is a text that wants you to picture what is being described. * Descriptive texts usually make use of adjectives and adverbs; use comparisons to help picture the scene (something is "like" something else); employ the reader’s five senses (how something feels‚ looks‚ smells‚ sounds‚ and tastes). Informative texts
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replacement to correct‚ for example‚ dehydration. Intravenous therapy can also be used for chemotherapy. When compared with other routes of administration‚ the intravenous route is the fastest way to deliver fluids and medications throughout the body. Types of IV access * The Hickman catheter is softer than a simple triple-lumen catheter‚ and is usually inserted in an operating room. The actual access to the subclavian vein is still by puncture under the clavicle‚ but the distal end of the catheter
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Fraud Auditing and Different type of fraud Introduction Over the years‚ the role of auditors become increasingly important especially in a capitalist economy as the process of wealth creation and political stability depends heavily upon confidence in processes of accountability and how well the expected roles are being fulfilled. An auditor has the responsibility for the prevention‚ detection and reporting of fraud‚ other illegal acts and errors is one of the most controversial issues in auditing
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Different Types of Friends Essay "Life without a friend is like death without a witness." -Spanish Proverb. We all have friends‚ different people have different tastes and temperaments and hence make different types of friends. They tend to bond with some and stay away from some. With time and growing trust‚ some people get really close to each other and remain true friends. They stand up for each other in times of need and provide full support when you lose confidence in yourself. However‚ every
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