Q.: 1: The manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job‚ GDP would have been higher‚ even though the amount of output would have been identical. Why is this? Does this make sense? A.: 1: If a secretary were hired to type the manuscript‚ they would have had the opportunity to provide a service at a price. We know that each good and service produced and brought to market has a price. That price serves as a measure of value for calculating total
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There was a frequent use of paintings and sculptures showing naked bodies as prototypes for tableaux vivants. Nakedness was usually not allowed on stage‚ but an exception was made in certain cities‚ for instance in New York‚ for suchlike in the tableaux vivants (McCullough 1983). There are‚ however‚ important differences between a naked body in a static pose and moving on stage. The view of a naked body in a painting‚ a sculpture or a tableau vivant provides information about both the surface and
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Question One: What are the potential investment risks involved with interest rate securities? Interest rate securities can be traded on the ASX‚ e.g. floating rate notes‚ convertible notes‚ and hybrid debt securities. This type of security is a form of bond which pays a coupon payment‚ either fixed or floating‚ plus it pays the face value upon maturity. The main risk associated with these securities is that the coupon payment (cash flow) is fixed for the life of the security unless it is a
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Select and complete one of the following assignments: Option 1: Reusability of Code Option 2: Transforming Data Into Information Option 1: Reusability of Code Designing and coding a procedure‚ module‚ or object can be complex and time consuming. Once these elements of a computer program are working correctly‚ it makes sense to use the code as often as practical. Code reusability has become a valuable part of adding efficiency to computer programming. Write a 2- to 3-page paper that
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1. In 2009‚ the imaginary nation of Florastan had a population of 8‚044 and real GDP of 36‚198‚000. In 2010 it had a population of 7‚800 and real GDP of 35‚880‚000. What was the growth rate of real GDP per person in Florastan between 2009 and 2010? a. -2.2 percent b. -0.7 percent c. 2.2 percent d. 4.5 percent 2. Which of the following statements is true? a. Productivity is calculated as hours worked divided by output produced. b. Americans have a higher standard of living than Indonesians because
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BUSINESS STUDIES HUMAN RESOURCE MANAGEMENT Module One FUNDAMENTALS OF MANAGEMENT & ENVIRONMENT INTRODUCTION TO MANAGEMENT * Meaning of management * Levels of management * Types of managerial tasks * Managerial roles EVOLUTION OF MANAGEMENT * Evolution of management thought * Management theories BUSINESS ENVIRONMENT AND CORPORATE SOCIAL RESPONSIBILITY * Meaning of business environment * Types of business environment * Meaning of corporate
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Chapter 1 (2 & 6 p. 27) 2. What is the maximum amount you would pay for an asset that generates an income of $150‚000 at the end of each of five years if the opportunity cost of using funds is 9 percent? To find the maximum amount‚ we must determine the Present Value (PV) of the $150‚000 over the 5 years. PV=(150000/1.09^1)+(150000/1.09^2)+(150000/1.09^3)+(150000/1.09^4)+ (150000/1.09^5) = $583‚447.69 So‚ if costs exceeded $583‚447.69‚ then the asset would not be worth the price
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1. Of the following statements‚ which one is an example of an appropriately written nursing diagnosis? A) Risk for change in body image related to cancer B) Cardiac output decreased related to motor vehicle accident C) Ineffective airway clearance related to increased secretions D) Potential for injury related to improper teaching in the use of crutches Points Earned: 1.0/1.0 Correct Answer(s): C 2. The nurse begins the assessment of a client that has come to the emergency
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Part 1 – Economic Impact on the Macro Economy Economics is an important part of the business world. There are different terms used in the business world that apply to everyday life in households. There are various factors that affect the economy such as gross domestic product‚ real GDP‚ nominal GDP‚ unemployment rate‚ inflation rate‚ and interest rates. These factors influence how people purchase groceries‚ whether businesses will conduct massive layoffs of employees‚ and a decrease in taxes
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PRELIM COMPUTER What is a Computer? A computer is an electronic machine that can be programmed to accept data (input)‚ process it into useful information (output)‚ and store it in a storage device for future use Characteristics of a Computer •It’s a machine. •It is electronic. •It is automatic. •It can manipulate data. •It has memory •It has logical function Capabilities of a Computer • Speed • Accuracy • Repetitiveness • Storage • Programmable Limitations of a Computer • Cannot operate without
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