relationship between changes in the rates of real GDP growth and unemployment. When the unemployment rate is high, the government has to provide subsidy to them, this will create a heavy burden on the budget. Also, this will decrease the consumption and demand of citizens, which this will slow down the economic growth. 1d. If GDP is growing but the employment is stagnant or falling, it may be because of the advanced technology. This changed the structure of the firms and some machines can replace some
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| | | | | | | | | | | | | | | Question 1 | 0 out of 1 points | | Which of the following could lead to a bank's failure, even if the bank has positive net worth? | | | | | Selected Answer: | A bank with positive net worth cannot fail. | Correct Answer: | Most of the bank's assets are illiquid. | | | | | Question 2 | 1 out of 1 points | | The three most important sources of economic growth are | | | | | Selected Answer:
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production process D) to hedge against inflation E) to provide a selection of goods for anticipated customer demand and to separate the firm from fluctuations in that demand 2) Which of the following is NOT one of the four main types of inventory? A) work-in-process inventory B) finished-goods inventory C) raw material inventory D) safety stock inventory E) maintenance/repair/operating supply inventory 3) Which of the following is a function of inventory? A) to take advantage of quantity discounts
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is a range of prices for which quantity and price vary directly, not inversely. Dependent Variable: A variable whose value is determined by the model. Independent Variable: A variable whose value is fixed external to the model. Complementary Good: A good whose demand curve shifts along with that of another good. Substitute Good: A good whose demand curve shifts inversely with that of another good. Normal Profit: The amount of profit just sufficient to keep resources in the industry. Included
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consumption | * The relationship between investments and saving in an economy | 6. Full Employment | * Providing employment for all individuals seeking work * Does not mean zero unemployment | Measuring national or aggregate output/Production: Gross Domestic Product (GDP) * The market value of final G&S (G&S at its last stage of production and ready to be consumed) produced in a country during a given period of time. * The most important and most commonly
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Homework 3 2015 1. | If consumption increases by $8 when after-tax disposable income increases by $10, the marginal propensity to consume equals: A. | 0.2 | B. | 0.8 | C. | 2.0 | D. | 8.0 | | 2. | In the basic Keynesian model all of the following are true EXCEPT: A. | planned consumption always equals actual consumption. | B. | planned investment always equals actual investment. | C. | planned government spending always equals actual government spending. |
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A Study of Anti-Dumping Duty under Fair Trade Rule：An Application on the Case of China Towels in Taiwan Shu-Yuan Lee, Yung-Ho Weng, Peng-Yin Lin, and Sheng-Ti Hung1 Ⅰ、Introduction The World Trade Organization (WTO), its main function is to ensure that trade flows as smoothly, predictably and freely as possible, such as agricultural agreement which is to promote fairness on agricultural trade and service. Other rules such as safeguard agreement, tariff estimation agreement and country of origin
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charge their product prices. Microeconomics also considerate the demand and supply of individual goods and services and the equilibrium occurs when the quantity of demands are equal to the quantity of supplies. A typical example of microeconomics is a mobile phone manufacturer decides to charge what price of their new model of smart phone depends on the demand of the mobile markets. A number of factors would affect the demand of the mobile phone including the price of the product itself, the
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Year 3000. B. 2001 Jeep Cherokee. C. year 2010 calendar printed in 2009. D. ticket to see the movie 2012. 3. (4 points) Use the model developed in Chapter 3, but assume that other things being equal, when the interest rate rises , consumption decreases. If there is a technological advance that leads to an increase in investment demand: A. investment increases and the interest rate rises. B. investment is unchanged and the interest rate rises. C. investment and the
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Profitability and Risk......................................... 2 2. Equity Valuation and Analysis 2.1.1 2.1.2 2.1.3 7 2.1 Valuation Model of Common Stock .................................................................... 7 Dividend Discount Model............................................................................. 7 Free Cash Flow Model................................................................................. 8 Measures of Relative Value ...............................
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