... Administrative Sciences – New Building CHEM 101 GENERAL CHEMISTRY I SECOND MIDTERM | Date: |08.12.2012 | |Time: |10.00 | Proctors will pick-up exam papers from G. ERTAŞ, E. N. ESENTÜRK |Surname |Group |Place |Building |Proctors |Instructor | |AYAZ-ÇELİK (23) |01 |U-2 | | |G. ERTAŞ | | | | | | | | | | | | |Şeniz UÇAR– Mehmet Ali DÖKE (BIO) | | |ÇİLİNGİR-SOMAY (100) |01 |U-3 | | |G. ERTAŞ | | | | | | | | | | | | |Mehmet GÖLLÜ – Burcu BARUTÇU (PHYS) – İdris...
Words: 1000 - Pages: 4
...ESERCIZI DI MICROECONOMIA ESERCIZIO 1 Data la seguente funzione (inversa) di domanda di magliette D(p) : p = 20 1 q 5 dove p é il prezzo e q è la quantità domandata di magliette a) Si trovi il prezzo delle magliette in corrispondenza del quale l’ elasticità della domanda al prezzo in valore assoluto è pari ad 1 b) Descrivere, senza far ricorso nè a calcoli nè a gra…ci, come variano i ricavi dei produttori di magliette al crescere del prezzo, se il prezzo delle magliette aumenta oltre il valore trovato al punto a). SOLUZIONE ESERCIZIO 1 a) Si trovi il prezzo delle magliette in corrispondenza del quale l’ elasticità della domanda al prezzo in valore assoluto è pari ad 1 L’ elasticità della domanda rispetto al prezzo è: D = q=q p=p = qp pq 1 5q Esplicitiamo la funzione di domanda rispetto alla quantità q: p ! q = 100 5p = 20 q Calcoliamo il rapporto p per variazioni molto piccole di p e q, ovvero calcoliamo la derivata di q rispetto a p, moltiplicando poi il valore ottenuto per p . q La derivata di q = 100 5p rispetto a p è pari a D 5, dunque l’ elasticità è: = qp pq = 5p q D Il valore assoluto di D , dato che 5 p è negativo, è: j q j = 5p. q Vogliamo trovare quel prezzo in corrispondenza del quale l’ elasticità è pari ad 1, quindi risolviamo la seguente equazione rispetto a p: 5p = 1 q dove q = 100 Otterremo: 5 100p 5p = 1 ! 5p = 100 10p = 100 ! p = 10 5p 5p. b) Descrivere, senza far ricorso nè a calcoli nè a gra…ci...
Words: 2061 - Pages: 9
...down the economy and benefit everyone. Through more jobs being created and a higher average wage, unfortunately this just isn’t the case. Trickle Down Economics was introduced as Supply Side Economics and later renamed Reaganomics in the Ronald Reagan era of American government (1981-1989). The wealth gap at the time was relatively high but acceptable sitting at the top 10% of the country owning approximately 30-35% of the wealth. With the new government came a new economic policy. So comes in the Economic Recovery Tax Act (ERTA), a new plan of tax and budget reductions aimed at business owners and the wealthy. The theory of “supply side economics” is that putting more money into the hands of the upper class will give them more money to reinvest back into the economy, whether this is through business owners hiring more employees or by investing larger amounts. This historic act dropped the taxes among the investment class from 70% to 50% over 3 years (ERTA, 2016). By the end of 1981 the top 10% now own 50% of the wealth and the country is in recession. Interests rates have skyrockets and the American dollar has gone up. Causing the Import market to grow and Export to fall. By the end of 1983 the government stabilises and the economy seems to grow. Military spending booms and by the end of the Reagan government the national debt triples from one to three trillion. At this point the benefits of Trickle Down Economics is wildly debatable, Reagan supporters argue that it took them...
Words: 803 - Pages: 4
...CASE 3: PAUL VOLCKER AND THE FEDERAL RESERVE: 1979-1982 1. What factors contributed to inflation during late 70s? One of the factors that contributed to inflation during the late 70s was a second oil shock. 1979 was supposed to be a moderate year on world oil markets, but the situation changed rapidly and spiraled out of control with Organization of the Petroleum Exporting Countries (OPEC) preannounce price increases to 14.5% over the year. In 1979, the Shah fell in the Iranian Revolution and the western influence over Mid-East oil shrank even further. Two weeks after the fall of the Shah, the anti-western Ayatollah Khomeini came to power and took control over Iran and soon brought havoc to the energy markets that were reminiscent of the initial energy crisis of 1973-1974. As a result, the second oil shock hit the western countries in 1979. During the second oil shock, there was no shortage in the supply of oil but production fell from six million bbl./day in 1978 to next to nothing during the months of revolutionary upheaval. The impact on oil prices was devastating, causing oil price spike in price from $12.70/bbl. to $18.70/bbl. by midyear. After recovering slightly from the 1978 low, it was followed by the depreciation of the dollar; thus, this caused the inflation of the late 70s. According to Exhibit 14, the effective exchange rate index fell to the lowest of 92 points during 1978-1980. The weakness in the U.S. dollar continued to push U.S. consumer prices to increase...
Words: 1389 - Pages: 6
...Democratic administrations for most of the 1960’s followed by a conservative Republican, Richard Nixon, was elected. President Nixon was forced to resign due to the Watergate scandal during his second term. Vice President Gerald Ford became president after Nixon's resignation but was defeated by Democrat Jimmy Carter. President Carter lost his bid for re-election to conservative Republican Ronald Reagan. During his first term, the recession came to an end, inflation was controlled and he also found ways to reduced taxes. Changes in Politics in the 70’s and 80’s Changes that Shaped Contemporary American Politics Many changes altered American politics. One such achievement was the Economic Recovery and Tax Act of 1981 otherwise known as (ERTA). This act helped to reduce personal income tax rates by 25 percent over a three year period (Abbot, 2011). The reason for this act was to encourage business activity by lowering taxes overall and reducing taxes for the wealthy. Furthermore, the government cut its total income by 747 billion dollars over five years. This in effect meant less money allotted for federal programs and more money for the consumers and investors, therefore generating economic growth (Abbot, 2011)....
Words: 755 - Pages: 4
...Introduction In 1980s, the US government faced difficult economic issues. It was also during this time that President Ronald Reagan was tested. In his campaign against Jimmy Carter, he promised America that the government will implement strategies that will support the people. This earned him a landslide victory over Jimmy Carter. From stagflation to recession, the whole country had the worst economic period trailing the Great Depression. On his first term, President Reagan’s main objective was to address different economic problems through tax cut, decreased nondefense spending, increased defense spending and balanced budget. His policies brought success in stimulating the economy. He was able to improve the lives of the people and certain concerns during those times such as recession, unemployment and inflation. In 1985, while efforts have been made by President Reagan to uplift the economy, the US government was still beset by unbalanced budget due to deficits. Thus in his second term, he focused more in addressing this problem. However, the economic policies he implemented appeared to have created a setback in the country’s budget. In addition to the existing deficits prior to his term, deficits continued to increase. Objectives This paper aims to give an analysis on the cause and effect of the deficit problem Reagan faced in his second term and an analysis of the strategies he implemented in solving it. This paper also offers alternative strategies that would allow...
Words: 2102 - Pages: 9
...I Roderick Tabigne From the following list, choose five and identify their significance during the 1980s. The Sunbelt, Suburban Conservatism, The Tax Revolt, Corporate Elites, Neoconservatives, Populist Conservatives, Deregulation, The Federal Reserve Board, The Energy Glut, The 1981 Tax Cuts, Spending Cuts, Military Spending, Technology Event | Significance | Military spending | Military spending was very high. However, Reagan was able to accomplish it without breaking out into an economic sweat. Reagan's administration managed it while enjoying noticeably positive growth. Reagan gave money to defense contractors for weapons while funds for troops, maintenance and training. | The 1981 Tax Cuts | Also known as the ERTA. It was an act to amend the Internal Revenue Code of 1954 to encourage economic growth through reductions in individual income tax rates, expensing of depreciable property, incentives for small businesses, and incentives for savings, and for other purposes. | Corporate Elites | Corporate elite are the owners, directors and senior executives of the largest and most important of a nation's business corporations. Corporate elite can be variously defined according to criteria of corporate size and type of enterprise. | The Federal Reserve Board | It is charged with overseeing the 12 District Reserve Banks and with helping implement national monetary policy. Governors are appointed by the President of the United States and confirmed by the...
Words: 675 - Pages: 3
...Case 3: Marriott Corporation (A) Spring Semester 1. Project Chariot is proposed by MC’s CFO, Stephen Bollenbach, to face the troubles that Marriott Corporation (MC) is currently facing. A glimpse of history is useful to understand the current situation. MC’s main business is to develop hotel properties, to sell them to outside investors and to conclude long-term contracts. In the 70’s MC began to finance its expansion by major borrowings under the impulsion of the new president J.W Marriott, Jr. that abandoned the conservative financing policy of its predecessor (and father). In 1981 the Economy Recovery Tax Act (ERTA) gave enormous incentives for companies to invest (tax write-offs were given for each $ invested in real estate). This pushed MC to develop even more its activities for instance in lodging services or in full service compact hotel. Even though ERTA was ended in 1986 MC continued its massive investments, which lead to a significant accumulation of debt. This was not an issue since the revenue growth was able to sustain the also growing interest payments. Until the drop of income in 1989, which froze capital expenditures. Unfortunately for MC, it was followed by the real estate collapse in 1990 that left MC with massive interest payments for properties that no one wanted to buy anymore given the current economic environment. This situation results in an extremely limited ability for MC to raise funds in the capital market and therefore to finance its high growth...
Words: 2709 - Pages: 11
...LAFFER ASSOCIATES Supply-Side Investment Research 10-yr T-Note: 4.27% DJIA: 10,538.66 NASDAQ: 2,057.37 CIC Securities January 6, 2004 S&P 500: 1,123.67 S&P 500 Undervalued: 56.7% THE LAFFER CURVE: PAST, PRESENT AND FUTURE1 By Arthur B. Laffer The story of how the Laffer Curve got its name isn’t one of the Just So Stories by Rudyard Kipling. It began with a 1978 article published by Jude Wanniski in The Public Interest entitled, “Taxes, Revenues, and the ‘Laffer Curve.’” As recounted by Wanniski (associate editor of the Wall Street Journal at the time), in December of 1974 he had been invited to have dinner with me (then professor at the University of Chicago), Don Rumsfeld (chief of staff to President Gerald Ford) and Dick Cheney (Rumsfeld’s deputy and my former classmate at Yale) at the Two Continents Restaurant at the Washington Hotel in Washington, D.C. (just across the street from the Treasury). While discussing President Ford’s “WIN” (Whip Inflation Now) proposal for tax increases, I supposedly grabbed my napkin and a pen and sketched a curve on the napkin illustrating the trade off between tax rates and tax revenues. Wanniski named the trade off “The Laffer Curve.” I personally don’t remember the details of that evening we all spent together, but Wanniski’s version could well be true. I used the so-called Laffer Curve all the time in my classes and to anyone else who would listen to illustrate the trade off between tax rates and tax revenues. My only question...
Words: 8309 - Pages: 34
...Alyssa Hofmann Dr. Nathan Blank POLS 1000 September 20, 2014 Ronald Reagan 1980 Presidential Election Ronald Reagan was a jack of all trades. President Reagan wanted the best for the American people. He didn’t want Americans to be so reliant on the government. This started the innovative program called the Reagan Revolution. While in college Ronald Reagan became interested in acting, but instead decided to become a radio sports announcer. He eventually moved to Chicago where he became the announcer for the Chicago Cubs baseball team. Reagan was in California with the Cubs for spring training and was screened by Warner Brothers and won a contract. He then appeared in 53 films. Granted not all of his films were great ones, but he did do very well and went after what he wanted. Some of the films he starred in were actually used against him during the campaign. They made fun of him because he was in a movie with a monkey. After Reagan’s acting career took off, he became more interested in politics and decided to run for governor of California in 1966, winning by a margin of one millions votes. Some people tended to disagree with the way he was running the state because he raised the state’s taxes, but he also lowered the state’s debt. Even through this controversy he was reelected as governor in 1970. Most Democrats laughed at Reagan running for governor because of some of his movies, and because his costar was a chimp in some of them. In 1980 Ronald Reagan was...
Words: 1625 - Pages: 7
...Toxicology and Industrial Health http://tih.sagepub.com Mercury vapor inhalation and its effect on glutathione peroxidase in goldsmiths exposed occupationally K. Jayaprakash Toxicol Ind Health 2009; 25; 463 originally published online Jul 31, 2009; DOI: 10.1177/0748233709106769 The online version of this article can be found at: http://tih.sagepub.com/cgi/content/abstract/25/7/463 Published by: http://www.sagepublications.com Additional services and information for Toxicology and Industrial Health can be found at: Email Alerts: http://tih.sagepub.com/cgi/alerts Subscriptions: http://tih.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.co.uk/journalsPermissions.nav Citations http://tih.sagepub.com/cgi/content/refs/25/7/463 Downloaded from http://tih.sagepub.com at SAGE Publications on November 9, 2009 Mercury vapor inhalation and its effect on glutathione peroxidase in goldsmiths exposed occupationally K Jayaprakash Toxicology and Industrial Health 25(7) 463–465 ª The Author(s) 2009 Reprints and permission: http://www. sagepub.co.uk/journalsPermission.nav DOI: 10.1177/0748233709106769 tih.sagepub.com Abstract In the gold ornaments manufacturing cottage industries, the gold metal grain dust waste particles are recovered from mercury (Hg) amalgam. The results on air samples from these industries during the recovery process have shown a high prevalence of Hg vapor (42.7 mg/m3). The blood concentration...
Words: 1916 - Pages: 8
...are polyethylene (its applications include gallon milk jugs, lawn chairs, garbage cans and disposable gloves), polypropylene (its applications include dishes, automobile parts and some ‘able to sterilize’ hospital tools), polystyrene (its applications include bottle caps, blister packages, insulation and egg cartons) and acrylics (its applications include contact lenses, windows and wall paints) (Ertas, 2014). 2.3.3 Thermosetting plastics Thermosetting (Non-recyclable plastics) are plastic materials that do not easily soften on heating and they are hard, strong and more brittle. Unlike thermoplastics, thermosetting plastics cannot be remoulded and hence cannot be reused (Pavani & Rajeswari, 2014). Among such common examples of thermosetting plastics are polyurethane (its applications include shock absorbers, shoe heels and refrigerator insulation), unsaturated polyesters (its applications include boat hulls, automobile bodies, radar domes and artificial limbs) and phenolic (its application includes billiard balls, end panels of toaster ovens and automobile break system components) (Ertas, 2014). Taking into account the above classification of plastics, it is relevant to note that despite the recyclable nature of the thermoplastics in contrast to thermosetting plastics, they share a common characteristic in their non-biodegradable nature. Again, polyethylene which is popularly referred to as polythene and rest within the thermoplastic family has its primary use in packaging and...
Words: 5476 - Pages: 22
...Significant Events through the year’s 1950’s-1990’s HIS/135 19 February 2012 1950’s-1990’s When you consider the term powerful and what it takes to be given this title, many would think of the United States. Over the course of decades, the United States has faced many obstacles in its path, threatening and challenging its wealth. The United States is a Country of free thinking with fruitful opportunities for the everyday people. The United States has faced many economic upswings, such as the baby boom era; has experienced excessive military spending, like the Reagan era; has dealt with wars, like Vietnam; and has even experienced political failure, like the Bay of Pigs and President Kennedy. Although we have faced many disappointing turns, and has been tested with great obstacles and difficulties, the lasting power of this country cannot be tested and will not be waivered. 1950’s –Boom Goes the Economy Baby! World War II was one that left America, the people, and the social and economical growth completely drowned by the debt and aftermath it created. In the 30’s President Roosevelt had implemented the “new Deal” when he was elected into office. This deal he had, gave Americans hope that the depression they were in would be soon over. By the year 1939, the New Deal had run its course. In its short existence, the New Deal’s programs helped improve the lives of the American people suffering from the events of the war-caused depression. Although this...
Words: 2961 - Pages: 12
...BAB 1 PENDAHULUAN Lincoln Eectrric Company merupakan perusahaan manufaktur yang memproduksi peralatan las dan berdiri sejak tahun 1895 oleh John C. Lincoln dengan modal investasi yang dimiliki pertama kali ialah $200.00. Dan sekarang ini perusahaan ini telah memiliki karyawan dengan jumalah 10.000 karyawan. Penghasilan dari perusahaan ini US$2.69 billion dengan pengeluaran untuk operasi US$2.96 million. Pencapaian yang didapat oleh perusahaan ini tidak akan sebesar ini apabila tanpa campur tangan para stakeholder maupun pemimpin-pemimpin yang cakap didalamnya. Perubahan dan perkembangan dari perusahaan ini dimulai pada tahun 1986 ketika Willis dan Hastings mengambil alih posisi puncak pada perusahaan ini, akan tetapi mereka tetap mengepalai perusahaan ini dibawah konservatisme yang terinspirasi oleh pendirinya yaitu John C. Lincoln. Menurut mereka sudah sebaiknya perusaahan ini harus meluas dan tidak hanya beroperasi pada amerika serikat lalu hanya ekspor hasil produksi ke luar negri. Setelah apa yang telah dicamkan oleh Hastings maka perusahaan ini mulai mengakuisisi perusahaan-perusahaan yang terletak didaerah Eropa. Pada tahun 1990 perusahaan Lincoln mengakuisisi Harris Calorific, pembuat dan distributor produk-produk pemotongan dan pengelasan dengan plasma dan gas ke seluruh dunia, dengan pabrik-pabrik di Amerika Serikat , Italia, dan Irlandia. Emerson Electrik, bekas induk perusahaan Harris, juga memiliki suatu budaya korporasi yang sangat kuat...
Words: 1903 - Pages: 8
...HR and Business Acronyms AA 1.) Affirmative Action 2.) Adverse Action AACU American Association of Colleges and Universities AAO Affirmative Action Office AAP Affirmative Action Plan AAR Average Annual Return AARP American Association of Retired Persons ABF Asset Based Financing ABM Activity Based Management ABMS Activities Based Management System ABS Asset Backed Security ACH Automated Clearing House AD & D Accidental Death and Dismemberment ADA Americans with Disabilities Act ADEA Age Discrimination and Employment Act ADL Activities of Daily Living ADP Automatic Data Processing ADR Alternative Dispute Resolution AE Account Executive AED United Arab Emirates AFL-CIO American Federation of Labor and Congress of Industrial Organizations AFSCME American Federation of State, County and Municipal Employers AJB Americas Job Bank ALC Alien Labor Certification ALEX Automated Labor Exchange ALJ Administrative Law Judge ALM Asset Liability Management AM Asset Management AMA 1.) American Management Association 2.) American Medical Association AMPS Auction Market Preferred Stock ANSI American National Standards Institute AP Accounts Payable AR Accounts Receivable APB Accounting Principles Board APR Annual Percentage Rate APV Adjusted Present Value APY Annual Percentage Yield ASAE American Society of Association Executives ASB Accounting Standards Board ASHHRA American Society for Healthcare Human Resources Administration ...
Words: 3803 - Pages: 16