ECON2318Assignment 1 Lesson 1‚ 2 & 3 1. Answer the following short questions. Each question is of equal value. (36 Marks) a) What is the difference between positive and normative statements in economics? Provide an example of each. Normative statements are subjective‚ often without a basis in fact or without evidence‚ the statements involve judgments about what should or ought to happen. Positive economics involves statements about economic reality‚ which can be supported or
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The Group Policy Object oversees these Group Policy settings that are displayed in definition below. These can be connected with designated Active Directory containers‚ such as organizational unit’s domains or sites. Group Policy Object can manage the Security options Registry-based policies‚ Scripts options Software installation Folder redirection options and maintenance options (Zinman‚ 2004). Group Policy Objects are processed in the following order: • Local - Any settings in the computer’s
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Do you agree or disagree with the following statement? "actions speak louder than words" That actions play an important role in making every person’s life is an undeniable fact. Should people realize the advantages of being active persons instead of being talkative person in their lives‚ they will ponder over them much more scrupulously. This issue has recently been the topic of debate among experts. I do believe that our actions speak louder than our words‚ and these are my justifications. To
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v Statement of Advice As at 14 February 2013 Prepared for Dr Navigate Print What is this document about? This statement of advice documents your current financial circumstances; our recommendations for the future and contains information to help you to make a decision on whether to proceed with our advice. Where information relevant to our advice has been provided to you before‚ or separately with this statement of advice‚ we will make specific reference to
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Following others into trouble The 1st reason why following others into trouble is bad is that following their actions can lead me to expulsion or suspension. The definition of expulsion is the action of depriving someone of membership in an organization. Being suspended is a huge punishment that totally effects my freshman year. Getting behind 1 week of homework is a huge setback which can lead to bad grades. Also why following others into trouble is that I can acquire a three day lockup for trespassing
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Financial statements are used by so many different types of people from investors‚ to creditors‚ managers and even employees. These statements are proven useful tools that provide valuable information about a business enabling the user of the statements to make the most appropriate business decisions. Financial Statements Four Basic Financial Statements There are four basic financial statements in accounting: 1. Balance Sheet 2. Income Statement 3. Retained Earnings Statement 4. Statement
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HR Policies & Employment Legislation Why policies are important Policies serve several important functions: * Communicate values and expectations for how things are done at your organization * Keep the organization in compliance with legislation and provide protection against employment claims * Document and implement best practices appropriate to the organization * Support consistent treatment of staff‚ fairness and transparency * Help management to make decisions that
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processing upon arrival at the Ninoy Aquino International Airport. It’s is not at all fun after hours in flight. It also is not good for the country’s image because this usually does not happen in other countries. I wrote in my column in Abante about my experience last June 30 upon arriving from Seoul‚ past 11 p.m.‚ to a crowded immigration area. It was quite disorganized because there were no airport or immigration personnel assisting passengers where to line up. The electronic signs “Philippine
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DEADLINE: June 27‚ 2013 Problem 1: (2 pts) Two contractors (1 and 2) placed a bid on a road construction project. They were each asked to provide percentile estimates of the time (x‚ in years) it would take the road to undergo a major maintenance after its completion. We seek to maximize this time variable x‚ as larger values imply better structural integrity as well as cheaper projection of the net present value for maintenance cost. The CDF for contractor 1‚ F1(x) is as follows: x 20 25
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Evaluate each of the following approaches that a business firm could use to gather information about competition. For each approach‚ mark your feeling about its appropriateness using the following scale: 1. definitely not appropriate‚ 2. probably not appropriate‚ 3. undecided‚ 4. probably appropriate‚ and 5. definitely appropriate The business firm should try to get useful information about competitors by: ___5__ Careful study of trade journals . Appropriate because if the journals are public
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