1. (4 points‚ 2 each) List 2 data sources researchers use to estimate historical standards of living and explain what they can infer from these sources. (6 points‚ 2 each) List three indicators of economic development other than National Income measures (NI‚ GDP‚ or GNP‚ level‚ growth rate‚ or per capita) that are of interest to economists and explain what can be inferred from each of these indicators. A.i. tax records (production information‚ shipping information‚ exports and imports‚ wealth) ii
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Humans consume water‚ discard it‚ poison it and waste it without considering the consequences. Supplying enough water in the right quantity‚ at the right time and in the right place has always been a concern. All of life depends on water. It is as important to life as air‚ food and sunlight. For this reason water has always played an important role in civilizations throughout history. People can live for days without food but will not survive for very long without water. The problem with water is
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Ethics of ecology focuses on sustaining business and environment. Ethics is a set of principles about right and wrong and how human beings should behave. Ecology is about inter- relationships – between living organisms (both plants & animals) and between biological & physical entities. As people now realise that the environment is a limited resource‚ awareness all over the world of the necessity to protect and save the environment has grown as well. From the Bill of Rights‚ Chapter 2‚ of the S.A
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However‚ buying a new product when it becomes defective is socially irresponsible. Replacing the good would result in the disposal of the damaged good which creates more wastage to the environment. In Singapore‚ cars are usually scrapped after ten years even though they could still be roadworthy. This results in increased wastage and demand for landfills. The Pulau Semakau landfill costs a hefty sum of $610 million to construct‚ creating another one with our limited land and resources would definitely
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the sugar subsidy give a lot of benefit to them. Since‚ they are enjoying the cheaper price of sugar without thinking about the consequences especially their health. Therefore‚ government should cut sugar subsidy to promote healthy living‚ to curb wastage‚ and to develop our country. Our government should end sugar subsidy to promote healthy living to all Malaysian. According to Datuk Tan Lien Hoe‚ the Domestic Trade‚ Cooperative and Consumerism Ministry Deputy Minister the low sugar price has caused
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1. Purchase and Material management Introduction: Most of the manufacturing units spend more than 60% of the money in the form of material only whether in the form of raw material or in the form of finished goods. Material management: Involves controlling the types of product‚ amount location‚ movement‚ and timing of the purchase of various materials. Purchasing involves: Procuring material‚ supplies machinery and service needed for production and maintenance. Material management: It
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HOSPITALITY INDUSTRY AND THE MALAYSIAN COMMUNITY Hospitality industry is a broad category of fields within the service industry that includes lodging‚ event planning‚ theme parks‚ transportation‚ cruise line‚ and additional fields within the tourism industry. Besides‚ hospitality industry is the major industries in Malaysia which is one of the most interesting and challenging industries to work in and offers a wide range of job and career opportunities and an endless variety of places to work in
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Rampal Electricity Plant Introduction There is a rising energy demand in Bangladesh in proportion with the growth of its population. Given the near exponential growth of demand due to other factors like industrialization‚ we are now forced to explore non-government sources of energy from being reliant on government run power stations only. The proposed Rampal Coal-based Power Station is an example of the latter. Rampal Power Station came in the paper for the first time when Bangladesh Prime
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changes. 2. Speed: The element of speed is crucial to cost of the product. The economy of scale is the approach used where product in speed is preferred. Likewise‚ economy is scope where focus of production is specific and condensed. In any method the wastage of time renders direct influence on cost of the product (Seymour et al.‚ 2002). Hence‚ speed should be monitored to review performance of operation marking the required speed of production with actual
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and they don’t have much gap in tuition timings so they even have to skip their meals or even if they have time they have to go home and again pack the bags for evening tuition that means wastage of time and money in traveling. Students are not able to take multiple courses due to lack of timing because of wastage of time due to traveling from one tuition to other. Even parents are worried about their health and meals. Many times they have to skip their meals or else have to eat junk food whatever
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