Department of Economics University of Toronto Prof. Gustavo Indart October 22‚ 2010 ECO 209Y MACROECONOMIC THEORY AND POLICY Term Test #1 LAST NAME FIRST NAME STUDENT NUMBER Circle your section of the course: L0101 L0301 L0401 M – 2-4 W – 2-4 R – 2-4 INSTRUCTIONS: 1. The total time for this test is 1 hour and 50 minutes. 2. Aids allowed: a simple‚ non-programmable calculator. 3. Use pen instead of pencil. DO NOT WRITE IN THIS SPACE Part I /25 Part II
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The purpose of American foreign policy‚ theoretically‚ is to create a more secure‚ democratic‚ and prosperous world for the benefit of the American people and the global community. Throughout history individuals could argue whether this has necessarily been the case. Have political representatives elected by the people‚ for the people‚ used their political connections and influences in the best interests of United States citizens? In 1895 the Cuban revolution in Spain began. The United States
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The government bodies that influence national fiscal policies include the Housing Finance Board‚ Housing and Urban Development (HUD)‚ and the Federal Housing Administration (FHA). The Housing Finance Board is responsible for setting mortgage rates for home and property‚ and regulates banks that supply money to local lenders‚ ensuring that they are lending money to suitable persons at appropriate rates. Housing and Urban Development is responsible for working with the community to encourage more people
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inputs‚ marketing of farm output including value addition (processing) and services to farm sector have expanded leading to proliferation of several independent business units. Agricultural development has been a precursor to economic development. With the growth of agriculture sector‚ each operation became specialized and had the potential for business. This has led to establishment of numerous firms that cater to various needs of the agribusiness sector. Thus‚ the gamut of agribusiness enlarged including
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macroeconomic policy on economic growth in Australia since 2008. In your response you should refer to the economic information provided. "It was always easy to predict that fiscal policy would come back into fashion just as soon as the economy dipped into recession. The politician who could resist the temptation to use the budget to stimulate the economy during recession has yet to be born. But there were two other‚ more economic arguments favouring greater reliance on fiscal policy which arose from
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Q1 A) Explain the ways in which the contract of agency may be terminated. Answer: Definition A contract of agency and how the termination would take place is a topic by which we come across different meanings and understandings of the term contract employment. The contract between a company and its employee is an important factor towards making the job understandable as well as clearing the terms and conditions which are to be agreed in the contract. . The contracts of employment Act 1963(Employment
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Dangers of Agriculture H445 Occupational Health Agriculture ranks among the most hazardous industries. Farmers are at very high risk for fatal and nonfatal injuries‚ and farming is one of the few industries in which family members are also at risk for fatal and nonfatal injuries. In 1990‚ Congress directed NIOSH to develop an agricultural safety and health program to address the high risks of injuries and illnesses experienced by workers and families in agriculture. NIOSH supports
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paper explores how technology is changing poetry. Emily Dickenson’s “Hope” is the thing with feathers‚ is a poem that I feels reflects and defines what poetry is. The evolution of technology creativity has gone on a rampage with no restrictions. Poetry has gone to epics and now in today’s world it has revolved into music and spoken word. Body Each form of poetry has similarities and differences that will build on top of each other and subtract. To understanding how technology has transformed it
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cropland area is only 75% of the U.S. total‚ but China still produces about 30% more crops and livestock than the United States. China hopes to further increase agricultural production through improved plant stocks‚fertilizers‚ and technology. According to the government statistics issued in 2005‚[95] after a drop in the yield of farm crops in 2000‚ output has been increasing annually. According to the United Nations World Food Program‚ in 2003‚ China fed 20 percent of the world’s population with
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believed to be the relationship between Native Americans and settling Americans has always been rocky. Citizens of the U.S.A have stripped these people of their rights and cast them away like an old candy wrapper‚ however this was a long time ago. Many are debating whether the citizens of the present U.S.A are responsible for the mistakes of the past. Who is responsible should not be the question asked‚ but why are we not
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