The LM curve represents combinations of interest rates and income levels that result in equilibrium in the money market (money supply money demand)‚ for given M/P. The IS curve represents combinations of interest rates and income levels that result in equilibrium in the goods market (investment saving)‚ for given T and G. 2. Equilibrium must be at the ISLM intersection; only at that point does investment equal saving and the money supply equal money demand. At a point on the IS curve and to
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We already know that following are the important cost concepts related to the production process of a firm: • Fixed Cost • Varibale Cost • Average Cost • Marginal Cost please refer to following page Introduction to Cost Concepts to understand various cost concepts in detail. Here we will briefly state again the meaning of above stated cost concepts for better understanding of the module on short run cost analysis. Fixed Cost is that cost which does not change (that is either goes up or
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behavioural scientist proposed a two-factor theory or the motivator-hygiene theory. According to Herzberg‚ there are some job factors that result in satisfaction while there are other job factors that prevent dissatisfaction. According to Herzberg‚ the opposite of “Satisfaction” is “No satisfaction” and the opposite of “Dissatisfaction” is “No Dissatisfaction”. Herzberg classified these job factors into two categories- a. Hygiene factors- Hygiene factors are those job factors that are essential for existence
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Essay Topic: What are the causes of revolution? Introduction This essay deals with one of the most fascinating subjects in social and political sciences – revolutions – and focuses specifically on the causes of these dramatic episodes in human society. John Dunn (1989) believes that the questions of what causes revolutions to occur and what revolutions mean cannot be separated from one another. Hence‚ before addressing their causes‚ it is necessary to first clarify the meaning of revolutions.
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WINNER’S SHIFT Introduction This report has been produced to review and analyze the two case studies mentioned “Microsoft’s lost opportunities” and “Create renewal‚ without it you create Detroit” to prove that “Winner’s Change” and losers don’t. A review of these organizations in concern illustrates that business’s and organizations that shift before its competitors will make lots of money than its competitors would. Today Apple has made much more money‚ than any other brand in the world
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Essay Critical Evaluation of Institutional Factors Impact on Outward/Inward Foreign Direct Investment This aim of this essay is to evaluate the impact of institutional factors on outward and inward FDI. This will be done by determination of the major FDI (Foreign Direct Investment) factors‚ evaluation of the role of institutional factors and investigation of institutional factors impact on inward and outward FDI flows. Several sources (Aswathappa‚ 2012; Jensen‚ 2012) have identified FDI as an
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Outward Bound‚ which means going away from home‚ is an independent and outdoor education program. It was founded in 1941 in by Kurt Hahn. He wanted to start a new kind of school that would encourage physical fitness‚ enterprise‚ tenacity and compassion among British youth. The five pillars of Outward Bound consist of compassion‚ physical fitness‚ craftsmanship‚ and self-reliance. On our four day five night adventure in the Pisgah National Forest we traveled from camp to camp each day to find new
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1. When a good or service satisfies wants‚ we say that it provides: A. utility maximization. B. opportunity cost. C. revenue potential. D. utility. 2. Refer to the above data. The value for Y is: A. 25. B. 30. C. 40. D. 45. 3. Refer to the above data. The value for X is: A. 15. B. 5. C. 55. D. 10. 4. Refer to the above data. The value for W is: A. 15. B. 20. C. 25. D. 30. 5. Refer to the above data. The value for Z is: A. -5. B. +5. C. -10. D. zero. 6. A product
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The Possibility of Evil The Possibility of Evil is full of literary devices. The one that is mostly used throughout this short story is irony. A lot of things that appear to be one way‚ turn out to be another.This story leaves a feeling as if everyone can be evil… To portray this feeling the author uses three various types of irony; situational‚ dramatic and verbal. Dramatic irony plays a big part in what makes this story interesting to the readers. In the short-story it says "she was fond
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excesses of thought‚ emotion‚ and behavior. The second is negative symptom which feels of deficits of thought‚ emotion‚ and behavior. The third is psychomotor symptoms is patient have unusual movements or gestures. Reasons cause schizophrenia are varies. For genetic factors perspective‚ people who have schizophrenia may have their relatives have this too. Also twins with this disorder are genetic link between their families. From
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