Economics exam orientated question and solutions Money Explain the quantity theory of money? The quantity theory of money was first propounded in 1588 by an Italian economist. The credit for popularizing this theory in recent years rightly goes to the American economist‚ Irving fisher‚ who gave it a quantitate form in terms of his famous equation of exchange. At present there are two versions of the quantity theory of money. * The transaction approach * The cash balance approach The transaction
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Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
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BUSINESS FINANCE FIN3000 Professor: Liuling Liu General Information 1 Office: Room 206 Phone: 4193720267 E-mail: liulinl@bgsu.edu Office Hours: 2:00 to 2:30 MW or by appointment For each class‚ please try to… Be here and on time Take notes in class 1 Required materials Text: Brigham & Houston‚ Fundamentals of Financial Management‚ Concise 7th Edition‚ Southwestern Publishing Company‚ 2012. Other Readings: Wall Street Journal‚ Economist‚ Bloomberg
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Chapter 1 THE PROBLEM AND ITS SETTINGS Introduction Computer addiction can have a variety of negative effects on a person. The most immediate are social. The user withdraws from friends and family as he spends more and more time on the computer. Relationships begin to wither as the user stops attending social gatherings‚ skips meetings with friends and avoids family members to get more computer time. Even when they do interact with their friends‚ users may become irritable when away from the
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The Need for Payroll and Personnel Records: Case Problem C1. Paychecks Kept Coming Ken‚ a salaried employee‚ was terminated from his company in April of this year. Business had been slow since the beginning of the year‚ and each of the operating plants had laid off workers. Ken’s dismissal was processed through the Human Resources Department‚ but the information was not relayed to the corporate payroll office. As had been the policy‚ checks for workers at remote sites were mailed to the employees
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Chapter 2 ECONOMIC OPTIMIZATION QUESTIONS & ANSWERS Q2.1 In 2004‚ the second-largest U.S. long-distance telephone company eliminated about 2‚000 jobs at four call centers in Colorado‚ Iowa‚ Kansas‚ and South Carolina. "MCI must continue to revamp its cost structure to better position the company for future success‚" a company spokesperson said. Does this decision reflect an application of the global or partial optimization concept? Explain. ANSWER MCI=s decision to scale back employment at four
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Joyce Hampton AC0521888 BU340 Managerial Finance 1 Assignment 01 11-13 -12 1). A limited partnership allows some of the investors to limit their liability. Under these terms‚ one or more partners are designated general partners and have unlimited liability for the debts of the firm; others contributors are designated limited partners and are liable only for their initial contribution. For example‚ if partner A and B contribute and of the capital respectively‚ limited partnership
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[pic] BUQU 1230 Assignment #1 Solve the following 3 problems: 1- Consider the data set for the sample of 10 minisystems that is posted on the course web site. Open the Excel “Minisystems” file and answer the following questions: a. What are the elements in this study? How many elements are in the data set? Brand & Model b. How many variables are in the data set? 5 Variables (Price‚ Sound Quality‚ CD Capacity‚ FM Tuning‚ and Tape Decks) c. Which of
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passages (minimum of 3 sentences each); and then respond to these passages. Why do you think they are important? How do they help the author create his purpose? 1.“Economics is‚ at root‚ the study of incentives: how people get what they want‚ or need‚ especially when other people want or need the same thing. Economists love incentives. They love to dream them up and enact them‚ study them and tinker with them. The typical economist believes the world has not yet invented a problem that he cannot fix
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Chapter 1 The Problem and its Background Introduction: In the few years‚ as a form of entertainment‚ computer games have evolved from confined arcade activities into a mature media. Computer games have deeply infiltrated our daily life and our society. We create a specially and unique games that may enjoy more computer gamers and fun to reduce stress therefore a few developers create different site to attract users‚ As a proponents we develop a new form of games to our industry. Named
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