Tutorial 2 (Topic 2: Thinking like an Economist) 1. i) What is meant by positive analysis and normative analysis? ii) Classify each of the following statements as positive or normative. Explain. a) Society faces a short-run trade-off between inflation and unemployment. b) A reduction in the rate of money growth will reduce the rate of inflation. c) Bank Negara Malaysia (BNM – Central Bank) should reduce the rate of money growth.
Premium Inflation Economics Bank Negara Malaysia
follow professional guidelines for measurement and disclosure of financial information. These are called generally accepted accounting principles (GAAP). In the United States‚ the Financial Accounting Standards Board (FASB) formulates GAAP. The International Accounting Standards Board (IASB) sets global or International Financial Reporting Standards (IFRS)‚ the two basic types of external providers of capital include investors (who exchange cash for stock) and creditors (who loan cash) to the entity
Premium International Financial Reporting Standards Financial Accounting Standards Board Financial statements
In this essay I will be looking into how Shakespeare conveys evil in the scenes‚ conveys their guilt‚ how he creates suspense and shows the relationship between Macbeth and Lady Macbeth. I will also be describing how the characters progress in the scenes. Both Act 2‚ scene 2 and Act 5‚ scene 1 are important scenes in this Shakespeare play as it demonstrates how both of the main characters were at the beginning of the story and towards the end. Shakespeare conveys evil in the aforementioned scenes
Premium Macbeth Anxiety
Principles of Accounting 1 Christina Doty American InterContinental University January 9‚ 2013 Dear Dad‚ I’m writing this letter in the hopes that I can help you better understand accounting‚ and use your new software more efficiently‚ and accurately. I know accounting can seem frustrating‚ tiresome‚ and difficult to learn or comprehend. I will explain things so that you will be able to understand them. Dad you need to understand what accounting is‚ Accounting is the process of keeping
Premium Generally Accepted Accounting Principles Double-entry bookkeeping system Income statement
Dawn Suwanie Tan PTDipComm18 Media Power and Ethics S9490139A Introduction The lives of Manhattan’s teenage elite creates a paradigm for female teenagers to follow (Lancel Joseph‚ 2013) One of CW Television Network’s hit television series of six seasons‚ Gossip Girl has created an image of the ideal life for the current Generation Y. Wealth‚ fame and power; three things mankind has sought after from generation to generation. A life of luxury is a closet full of
Premium
The registered case under section 25 read with 30(1)‚ talks about the company providing inadequate security to the employee. The CEO is held against this as he is the top official of the company. the security rules were in place stating the employee to confirm with the 24*7 help desk on a new driver‚ but this rule was obviously not followed and hence the mishap. The company went ahead following the law and giving the next of kin‚ Gowramma‚ the mother of the deceased employees‚ the usual statutory
Premium Money Law State
Chapter 1 Marketing: Managing Profitable Customer Relationships Multiple Choice 1. Marketing seeks to create and manage profitable customer relationships by delivering _____ to customers. a. competitive prices b. superior value c. superior service d. superior promotion (b; Easy) 2. The marketing manager at Sunshine Car Washes is holding a training session for new employees. She stresses that perhaps the most important concept of modern marketing is _____. a. customer relationship management b
Premium Marketing
პიტერის პრინციპი კანადელმა პედაგოგმა ლოურენს პიტერმა ჩამოაყალიბა დებულება‚ რომელმაც მას მთელს მსოფლიოში გაუთქვა სახელი. დებულების თანახმად‚ იერარქიულ ორგანიზაციებში გამუდმებით ხდება კომპეტენტური თანამშრომლების დაწინაურება და თანამშრომლები იღებენ უფრო მაღალ თანამდებობებს მანამ‚ სანამ იმ დონეს არ მიაღწევენ‚ რომლის შესაბამისი მოვალეობების შესრულება მათ ძალებს აღემატება. პიტერის პრინციპის თანახმად‚ იერარქიულ სისტემაში ნებისმიერი თანამშრომელი აღწევს თავისი არაკომპეტენტურობის დონეს. სწორედ აქ‚ არაკომპეტენტურობის
Premium
and the government for decision‐making purposes. A solid understanding of financial accounting is one of the basic building blocks of becoming informed users of firms’ external financial accounting reports. The goal of this course is to introduce you to the principles of financial accounting and familiarize you with the financial statements. You will learn how to read‚ understand and use published financial statements for decision‐making. To accomplish this goal‚ we will develop the
Premium Tutorial Tutor Mobile phone
Goal Setting: A Managers Role vs. the Employee ’s Role "How do you get your employees to perform better?" "Are your employees focused‚ motivated‚ organized and driven?" "What goals have been established for your employees?" These are a few of the many questions I asked to multiple managers within the company that I work for. Being a relatively new employee‚ working there for a little over a year‚ I wanted to ask these questions. Not to see how different managers felt about specific
Premium Management Goal