component of GDP is… A. consumer spending. B. private investment. C. government purchases. D. transfer payments. E. net exports. 3. Potential GDP is… A. always different from real GDP. B. another name for real GDP. C. achieved when all factors of production are fully employed. D. the level of GDP not adjusted for price changes. 4.Real GDP may be criticized as a measure of economic welfare‚ because it… A. does not take account of the degradation of environmental quality. B. does include
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other firms (Value Added = Revenue – Cost of intermediate goods (purchased from other firms)) Payments made to factors of production (such as wages and profits) are NOT purchases from other firms‚ and therefore are not subtracted But the firm’s revenue must equal the cost of intermediate goods plus these payments to factors of production (Value Added = Payments to factors of production) Value added is the correct measure of each firm’s contribution to total output – the amount of market
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environment in which it operates. This essay will analyse the micro and macro external environment in the part five years (2000 to 2006) of IBM Company by using PESTEL and five forces model to analyse in the first part. The second part will discuss about the advantages and disadvantages of the two possible alternative strategies for IBM. Part 1: Analysis of Micro and Macro External Environment 1.1 PESTEL Analysis The external factors can be divided into six broadly categories which are political‚
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A Comprehensive project ON “Tourism Industry Analysis” Submitted to (Global Institute of Management) IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTER OF BUSINESS ASMINISTRATION In Gujarat Technological University UNDER THE GUIDANCE OF Varsha Turi Assistance Professor Submitted by [Mohammed Faeem Shaikh (En no-107940592052)‚ Irshad Khan Pathan (En no-107940592105)] [Batch: 2010-12] MBA SEMESTER III/IV (Global Institute of Management)
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Political factors Political risk‚ for examples the Gulf war and terrorism somehow damaging passenger confidence‚ particularly in the US. Presence of political support and lobbying for major EU/US aerospace businesses Support of EU aircraft manufacturer for Rolls-Royce Subsidies by EU government US tax breaks for Rolls-Royce Carbon emissions under the Kyoto protocol is targets for reduction by EU‚ creating pressures for reduced impact of air travel Policy formation for example Open Skies liberalisation
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Version 111 THE UNIVERSITY OF WESTERN ONTARIO LONDON CANADA Jeannie Gillmore ECONOMICS 1022B-002/004 February 11‚ 2012 MIDTERM 1 INSTRUCTIONS: 1. The examination begins at 4:00 p.m. and ends at 6:00 p.m. 2. Check that your examination paper contains 14 pages. 3. Use a BLACK PENCIL to complete your Scantron Form. Print your NAME and complete your SIGNATURE. Enter your STUDENT NUMBER. Enter your SECTION NUMBER‚ which is either 002 or 004. 4. Please hand in Scantron Form only
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Investment Function Savings and Investment Relationship Here we will take investment in terms of a schedule giving various amounts of investment associated with various levels of income. The investment schedule is the function of entrepreneurial behavior. It tells us how the investors or producers respond to a change in income or in the interest rate over a given time propensity to invest together with propensity to consume determine the level of income. The investment schedule may be compared
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Factor Analysis Factor analysis is a data and variable reduction technique that attempts to partition a given set of variables into groups (called factors) or maximally correlated variables. 1. Factor Analysis Characteristics i. Interdependence Technique * Dependent Variable – None * More than one Variable – metric ii. Factor analysis is subjective and creative 2. Factor Analysis Output i. Data reduction from large number of variables to smaller number of factors ii. Factors
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The Zero Moment of Truth Macro Study Google/Shopper Sciences U.S.‚ April 2011 Objectives How is shopper behavior changing in a digitally powered world? What role do new media like social & mobile in shopping? How are shoppers’ expectations of the physical changing? retail store How does pre-shopping change actual purchasing? Source: Google/Shopper Sciences‚ Zero Moment of Macro Study‚ Apr 2011 N = 5‚000 www.google.com/think/insights Google Confidential and Proprietary Methodology
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discussed in this report‚ in terms of political‚ economic‚ social‚ technological‚ and natural forces‚ by turning risks into opportunities that benefit the company as a whole. 2.0 Political Environment 2.1 Government Assistance One of the major factors that assist in the growth of AirAsia would be the continuous support and assistance of the Malaysian government. Over the years‚ AA has noticeably boosted tourism in Malaysia and has helped transform KLIA into a major air travel hub (The Star Online
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