Economic Growth * Aggregate production function relates the aggregate output (Y) to: (a) Physical capital (b) Labor (c) Index of aggregate productive efficiency Y = F(AL, K) * Y is a flow variable because it measures GDP in a given period * K and L are stock variables, can measure at a given point in time * Y measures the services produced by K and L in period or instant t (e.g. hours of computation and hour of labors affects output, not just number of computers)
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vii Capital Goods vii Sources of finance viii Collateral viii Capital Instruments ix Implication of capital mix selected
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reporting of the cost and value of people in organizational resources”. CONCEPT OF HUMAN RESOURCE ACCOUNTING Human Resource Accounting (HRA) is a new branch of accounting. It is based on the traditional concept that all expenditure of human capital formation is treated as a charge against the revenue of the period as it does not
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|c. |capital | |b. |the factors of production |d. |labor | ____ 3. Which of the following lists the four factors of production? |a. |land, labor, wants, entrepreneurs |c. |land, labor, capital, scarcity | |b. |labor, needs, capital, entrepreneurs |d. |land, labor, capital, entrepreneurs
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semiconductor test operation which uses more than $1million systems 2nd large business Total sales revenue $227 million in 1984 Object ATE market by $84 billion dollar business 2. Semiconductor Market Situation High technology, intensive large capital required for production asset, periodic production line update need according to new chip development in quick cycle. During 1975-1984 swiftly and dramatically technologies change, inspired the development of new products. Requirement to semiconductor
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In Class Quiz October 8, 2013 Question: What factor or factors explain real wage convergence between the old world and the new during the period roughly 1870-1914? Did everyone benefit equally from the process? Answer: Before talking about convergence, it useful to say something about the level of real wages in the old world and in the new. In the old world, wages were relatively low because there was an abundance of labour while in the new world there was a scarcity of labour so that real
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parameters namely, physical capital in terms of plant and machinery, financial capital in terms of money invested in capital markets or in FDI, technology, and labor moving across national borders. The pace of movement of financial capital has become greater because of the pervasive impact of information technology and the world having become a global village. When investments take place in emerging markets, the investors want to be sure that not only are the capital markets or enterprises with which
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financial. If there are resource constraints, a firm will be forced to select that project which is the most profitable rather than accept all projects which exceed a minimum acceptable level. The exclusiveness due to limited funds is popularly known as capital rationing. The three reasons that these two methods disagree are the size-disparity problem, the time disparity problem, and the unequal expected lives. Size disparity arises when the initial investment in mutually exclusive projects is different
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CSR Management Accounting Performance reporting and evaluation Accounting Truth? Story? Meaning? Effects on stakeholders/society? Food for thought/evaluation? Buy Apple products? Invest in Apple? Work at Apple? Cooperate with Apple? Future of Apple? Management/Leadership-lessons? Account: noun 1. an oral or written description of particular events orsituations; narrative: an account of the meetings; an account ofthe trip. 2. an explanatory statement of conduct, as to a superior
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Fuentes y usos de efectivo FUENTES | | Aumento deuda bancaria | $1,000 | Aumento en ganancias retenidas | 883 | Disminución efectivo | 961 | Aumento anticipo clients | 726 | Aumento en cuentas por pagar | 600 | Disminución en cuentas por cobrar | 561 | Aumento impuestos por pagar | 329 | Disminución Activo fijo neto | 92 | Disminucuón gastos prepagados | 20 | TOTAL FUENTES EFECTIVO | $5,172 | | | USOS | | Recompra stock | $3,000 | Aumento inventario | 2,163 |
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