McTeer stated‚ “Foreign trade has become more important to our economy in recent years. Exports and imports of goods and services have grown rapidly. G.D.P.‚ as I’ve discussed here before‚ is the way economists calculate how much an economy is producing in total goods and services.” ( McTeer‚ 2008) Locate recent articles in the New York Times or Wall Street Journal in which economists are quoted using positive and normative statements. Provide one quote and its context for both a positive and
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Goodman Landry Index 2013 0.247628 -0.01045 0.328018 2012 -0.04162 0.13223 0.012298 2011 0.627402 -0.10037 0.348187 2010 0.029308 -0.00411 0.14881 2009 0.609266 0.116585 0.191489 The average for Goodman was 29.4%‚ Landry 2.7% and 20.6% for the index. 2. Calculate the standard deviations of the returns for Goodman‚ Landry‚ and the Market Index. (Hint: Use the sample standard deviation formula given in the chapter‚ which corresponds to the STDEV function in Excel.) Standard Deviation Goodman Landry
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percent frequency are expected to vary. The frequency distributions are as follows: Opening Gross Sales (Millions) Frequency (or Percentage) $0 – 9.99 70 10 – 19.99 15 20 – 29.99 8 30 – 39.99 2 40 – 49.99 1 50 – 59.99 1 60 – 69.99 0 70 – 79.99 1 80 – 89.99 0 90 – 99.99 0 100 – 109.99 2 Total 100 Total Gross Sales (Millions) Frequency (or Percentage) $0 – 49.99 77 50 – 99.99 16 100 – 149.99 1 150 – 199.99 1 200 – 249.99 3 250 – 299.99 1 300 – 349.99 0 350 – 399.99
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1. Distinguish between Micro economics and Macro economics. Microeconomics may be defined as that branch of economic analysis‚ which studies the economic behavior of the individual unit‚ maybe a person‚ a particular household‚ or a particular firm. It is a study of one particular unit rather than all the units combined together. In microeconomics‚ we study the various units of the economy‚ how they function and how they reach their equilibrium. An important tool used in that of microeconomics is
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¥ÀjÃPÉë (PÉ-¸Émï)-2013 KARNATAKA STATE ELIGIBILITY TEST (K-SET) FOR LECTUERSHIP - 2013 (Accredited by UGC‚ New Delhi) Conducted by University of Mysore (as the SET agency) Syllabus‚ Question Paper Pattern and Sample Questions Subject code: 07 Subject: SOCIOLOGY University of Mysore‚ Mysore -570005 ------------------------------------------------------------------------------------------------------------------University K-SET Center‚ Pareeksha Bhavan‚ University of Mysore‚ Mysore 1
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DECISION SCIENCE MGT3050 CASE PROBLEM Sem ‚1 2014– 2015 FORCASTING LOST SALES Instructor: PROFESSOR DR. RAFIKUL ISLAM Section-4 Prepared by: 1. MD. RAFIQUL ISLAM 1133077 2. MD. WASIUL KARIM 1125337 3. NAHID HASAN 1215389 An estimate of sales had there been no hurricane : Answer to the question number -1 The given data used for the forecast is the Carlson sales data for 48 months. We used the trend and seasonal method. Bellow the techniques are given to estimate the
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COURSE: BACHELOR OF COMMERCE (BCOM) UNIT: INTRODUCTION TO MACRO-ECONOMICS QUESTION: MICRO-ECONOMICS AND MACRO-ECONOMICS INTRODUCTION Economics is the foundation of all commercial activity and comprises two areas: microeconomics and macroeconomics. Macroeconomics is concerned with the big picture‚ for example‚ the national economy and gross domestic product. By contrast‚ microeconomics is concerned with the small picture and focuses on theories of supply and demand. Microeconomics is
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but also by allowing these other countries to bring in their goods. On the other hand‚ the country could stand to lose profits from trade if the tariffs assigned are too high. The sad thing is many other countries are suffering from the same problems that we are. The economy all around just seems to be horrible. So‚ if we charge high tariffs for trade here‚ these countries would benefit to trade the same products with another country that did not have those high tariffs. The more stable our
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In the year of 1963‚ I started school in the first grade. We did not have kindergarten in the little town I lived in. I in Plew‚ Mo about 12 miles from Carthage Mo‚ in my first grade we were on one side of the room and the second grade was on the other side. I cannot remember much‚ but we had a lot of recess time and played for longer periods of time. In 1964 we moved to Pierce City were I spent second grade through 6th grade in the elementary school. We spent a lot of free time out side.
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1. Explain economics? Economics is the study of how society allocates scarce resources and goods. Resources are the inputs that society uses to produce output‚ called goods. Resources include inputs such as labor‚ capital‚ and land. Goods include products such as food‚ clothing‚ and housing as well as services such as those provided by barbers‚ doctors‚ and police officers. These resources and goods maybe be considered scarce because of society’s tendency to demand more resources and goods than
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