production? (a) Land (b) Labor (c) Capital (d) Natural resources [16 marks] 2. In an exogenous growth model‚ growth is caused by (a) capital accumulation. (b) government policies. (c) human capital accumulation. (d) forces that are not explained by the model itself. [16marks] 3. Suppose that two countries share identical levels of total factor productivity‚ identical labor force growth rates and identical savings rates. According to the Solow model (a) the country with the greater initial
Premium Economic growth Exogenous growth model Endogenous growth theory
Americans‚ as a people‚ are very unique and as such have very unique traits and mannerisms that make all Americans who they are. Personal freedoms‚ being accepting of other cultures‚ and being able to choose one’s own path in life distinguish Americans from the rest of the world. To be an American is to have freedom to do or to believe whatever you want. America itself was founded on the principle of religious freedom‚ and that still stands today. The "melting pot" of cultures and beliefs from all
Premium United States United States Constitution Race
MODULE 10 International Monetary System Learning Objectives: 1. Explain how exchange rates influence the activities of domestic and international companies. 2. Identify the factors that help determine exchange rates and their impact on business. 3. Describe the primary methods of forecasting exchange rates. 4. Discuss the evolution of the current international monetary system‚ and explain how it operates. Chapter Outline: Introduction How Exchange Rates Influence Business Activities
Premium Foreign exchange market Bretton Woods system Currency
create a solid constitution for the European Union that was unratified. The ideia was replace the current European Union treaties with a Constitution text‚ with legal force to the Charter of Fundamental Rights and expand Qualified Majority Voting into policy areas. The Treaty was actually signed on October 2004 by representatives of 25 member states and was later ratified by 18 member states. Spain and Luxembourg made referendums that approved the measure. As a consequence of the rejection of the project
Premium European Union Treaty of Lisbon
ITM580: Strategic Planning for IT 1 "Most effective CIO ’s strategy for strategic IT planning" Linwood D. Spears Dr. Alicia Iriberri ITM580: Strategic Planning for IT June 19‚ 2010 ITM580: Strategic Planning for IT 2 "Most effective CIO ’s strategy for strategic IT planning" This paper will discuss the most effective CIO’s strategy for strategic IT planning. This paper will also address the expectations of a successful CIO. The chief information officer (CIO)‚ or information
Premium Chief information officer Management
W P S (DEPR): 04 / 2013 RBI WORKING PAPER SERIES Financial Development and Monetary Policy Transmission Across Financial Markets: What Do Daily Data tell for India? Partha Ray and Edwin Prabu DEPARTMENT OF ECONOMIC AND POLICY RESEARCH APRIL 2013 The Reserve Bank of India (RBI) introduced the RBI Working Papers series in March 2011. These papers present research in progress of the staff members of RBI and are disseminated to elicit comments and further debate. The views expressed
Premium Financial markets Financial market Foreign exchange market
The Northern part of Africa has been experiencing a constant growth rate in GDP‚ and therefore an increase in disposable income. As this area further develops‚ there is an increase in home sales as well. Both of these factors were key economic drivers mentioned previously that help to promote the pest elimination industry. For these reasons‚ Ecolab would benefit greatly from entering one of the countries shown in exhibit (MAP). These countries consist of Algeria‚ Egypt‚ and Nigeria. After careful
Premium Economics Economic growth International trade
To what extent is the party of David Cameron Thatcherite? Thatcherism comprised a mixture of ideas and policies such as free markets‚ privatisation of industries‚ low taxation and little state involvement in people’s lives. Some may argue that the conservative party today under David Cameron has drifted into a different direction from Thatcherite policies‚ however others say that Thatcher still has a huge influence on the modern conservative party. One of Thatcher’s main policies was the privatisation
Free Conservative Party Margaret Thatcher Conservatism
Review “What Makes an Effective Executive?” by Peter F. Drucker What is this article about as a whole? There is no science on how to improve effectiveness; effectiveness is a disciple and therefore can be learned by anyone. Drunker concludes that you don’t have to be a leader or possess specific personalities‚ strengths‚ values or beliefs to be an effective executive. Utilizing the following eight simple practices allows executives to be effective: Asking‚ “What needs to be
Premium Management
Introduction The main question to consider is whether Turkey’s admission to the EU would be economically advantageous for the Union. I will start by giving you some information about the background of this debate‚ which is going on for quite some time now. Turkey’s application to accede to the European Union was already made in 1987. But by doing this‚ Turkey was not yet an official candidate. It was officially recognized as a candidate for full membership in 1999. The real negotiations about
Premium European Union Turkey Europe