Faculty of Economics and Business Administration Exam: Macroeconomics 3.1 Practice Exam Code: not applicable (Practice Exam) Coordinator: Prof. dr. E.J. Bartelsman Date: not applicable (Practice Exam) Time: not applicable (Practice Exam) Duration: 2 hours and 45 minutes Calculator allowed: No Graphical calculator allowed: No Number of questions: 8 (4 True/False/Uncertain Questions‚ 2 Short Problems‚ 2 Long Problems) Type of questions:
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Introductions Topic: “Money makes the world go round.” Do you agree? 1. 1 witty‚ extraterrestrial point of view “Save up to 50% !” – “Earn 300$ in one week !” – “Good looking woman seeks millionaire”. If these everyday TV and radio signals were received by some extraterrestrials‚ they would probably think of earthlings as creatures whose only purpose in life is to accumulate as much money as possible. But is money really a factor of such great importance as society and especially the media
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Making decisions might may be the hardest thing to do. The three characters ”Resignation Speech of George Washington”‚”The Scarlet Ibis‚” and “The Gift of the Magi” all were impacted on decision making. Throughout their lives they made great decisions. Those decisions ended up reflection on their lives. In these three stories the main factor was decisions making. As well as the narrator in ‘’The Scarlet Ibis” demonstrates sometimes decisions are based on a combination of love and embarrassment as
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Dad‚ Poor Dad By Robert T. Kiyosaki V1.0(9-9-2002) If you find and correct errors in the text‚ please update the version number by 0.1 and redistribute. Ripped by Tangtang INTRODUCTION There is a Need Does school prepare children for the real world? "Study hard and get good grades and you will find a high-paying job with great benefits‚" my parents used to say. Their goal in life was to provide a college education for my older sister and me‚ so that we would have the greatest chance for success
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Question 1 . Using a market-clearing model to analyze the demand for haircuts is ______ because the price of a haircut usually changes ______. Answer Selected Answer: unrealistic; infrequently Correct Answer: unrealistic; infrequently . Question 2 . Which of the following is not the correct combination for a U.S. president and an important economic issue of his administration? Answer Selected Answer: President Clinton‚ inflation Correct Answer: President
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Fundamental of Macroeconomics ECO/372 There are many words out there that people do not think about all the time but these terms are mainly used in the business world. These words are Gross Domestic Product‚ Real GDP‚ Nominal GDP‚ Unemployment rate‚ Inflation rate‚ and Interest Rate. Gross Domestic Product is defined as the market value of all the final goods and services produced within a country during a given period. Real GDP is considered to be a nation’s total output of goods
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intelligence of words‚ languages‚ and speaking. Body-kinesthetic is about movement‚ which is the intelligence of being good at controlling the body or doing something that requires staying fit and active. And lastly‚ logical or mathematical intelligence is the intelligence of logic‚ thinking‚ and problem solving. Now‚ lets have a look at some of the real world examples of these intelligences. A very good and precise real world example of verbal or linguistic intelligence is a writer. As we already know
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Introduction This paper is to assess a country ’s current macroeconomic position and discuss what policy options have been adopted by the monetary and fiscal authorities in the past years in order to correct any inflation‚ unemployment or growth problems that exist. In this paper‚ Singapore ’s economy will be discussed. Like most other countries‚ Singapore wants growing living standards‚ high employment and low unemployment‚ as well as avoidance of recessions and inflation. These things are known
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Fundamentals of Macroeconomics Paper Alyssa Chun ECO/372 February 12‚ 2015 Dr. Christian Teeter Fundamentals of Macroeconomics Paper There are many economic activities that have an apparent affect on businesses‚ households‚ and the government. Some of these various financial affairs include tax reductions‚ vast employee layoffs‚ and purchasing groceries. For each activity there is a flow of resources that go from one entity to another. Although it may seem as if these activities are
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Yolanda Y. Reviere Case 9 Decisions Decisions In the business world and in everyday life people and companies must make decisions. Not all decisions made in the business world are simple as those make in everyday life. Decision making is an important skill for business and life. There are various steps involved that help people make decision and improve the quality of the decisions made. Decision making is the process of choosing a course of action to deal with a problem or opportunity.
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