What happens when there is a surplus of imports brought into the U.S.? When the dollar value of goods and services imported into the United States exceeds the dollar value of goods and services exported to other countries from the U.S.‚ it creates what is called a surplus. When there is a surplus of imports that are brought into the United States‚ a deficit is created from the trade balance that occurs. Having a surplus of desired imports can create a lower price for the U.S. consumer and have a
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Fundamentals of Macroeconomics Paper Jerry L. Robinson ECO/372 JUNE 07‚ 2012 CHAD McDermott Fundamentals of Macroeconomics Paper Gross domestic product: is the value of all goods and services produced in a country in any given year or specific time period. This is measured in dollar amounts and basically the higher the GDP‚ the better the economy is for that country. Real gross domestic product: is nominal Gross domestic product that has been adjusted for inflation. This means that the quantity
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This archive file of NTC 362 Week 2 Discussion Questions consists of: DQ 1: Voice over the Internet Protocol (VoIP). What is VoIP and how is it different from the Plain Old Telephone Service (POTS)? What are some issues an organization (not individuals) should analyze when evaluating the move from a traditional phone system to VoIP? Explain the impact (positive and negative) on an organization when moving to and using VoIP. DQ 2: What is the nature of digital signals‚ binary‚ and other multilevel
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Consider a health care organization that is unable to meet all of its relevant regulatory requirements. Answer the following questions about this organization * What short- and long-term actions should they use to come into regulatory compliance? For an organization‚ understanding the issues around regulatory compliance can be a difficult and frustrating attempt. A short-term action an organization has to use to come into regulatory compliance is identifying standards of care. An understanding
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doc IT 241 Week 1 Checkpoint.doc IT 241 Week 1 Wireless Networks Presentation PLEASE-ADD-OWN-IMAGES.pptx IT 241 Week 2 Checkpoint.doc IT 241 Week 2 DQ 1.doc IT 241 Week 2 DQ 2.doc IT 241 Week 3 Assignment.doc IT 241 Week 3 Checkpoint.doc IT 241 Week 4 DQ 1.doc IT 241 Week 4 DQ 2.doc IT 241 Week 5 Assignment.doc IT 241 Week 5 Checkpoint.doc IT 241 Week 6 DQ 1.doc IT 241 Week 6 DQ 2.doc IT 241 Week 7 Assignment MAC Layer Presentation PLEASE-ADD-OWN-IMAGES.pptx IT 241 Week 7 Checkpoint
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usually improve upon both equality and efficiency. As long as the economic pie continually gets larger‚ no one will have to go hungry. Efficiency and equality can both be achieved if the economic pie is cut into equal pieces. 2. Pete receives $50 as a birthday gift. In deciding how to spend the money‚ he narrows his options down to four choices: Option A‚ Option B‚ Option C‚ and Option D. Each option costs $50. Finally he decides on Option B. The opportunity cost of this decision
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This work of ECO 203 Week 3 Discussion Question 1 Government Fiscal Policy includes: Between 2007 and 2009 the U.S. economy experienced a severe recession. In an effort to stimulate the economy‚ the federal government passed a stimulus package. Explain the federal government’s use of fiscal policy (the stimulus) to promote growth and employment. Support your ideas with concepts found in the assigned reading. Include the following in your response: Discuss some actions taken by the
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International Trade and Finance Speech ECO/372 - Principles of Macroeconomics May 13‚ 2013 Foreign Exchange Rates One may try to understand what exactly a foreign exchange rate is. To help understand‚ let’s view a foreign exchange rate as exchanging one dollar at a department store for a product. If one were to go into a department store and purchase a pair of socks in a three pack for one dollar‚ or each for 33 cents
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Q1. What is an opportunity cost? How does the idea relate to the definition of economics? Which of the following decisions would entail the greater opportunity cost: Allocating a square block in the heart of New York City for a surface parking lot or allocating a square block at the edge of a typical suburb for such a lot? Explain. LO1 A1. Opportunity cost is the value of the next best thing forgone‚ this is always present whenever a choice is made. Economics is the social science that examines
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Discussion Question 2 Communicating with people is an essential stipulation for any professional. In a sales position‚ communiqué takes on a greater significance because there is always a continual interaction with other individuals that takes place where a sales comrade must be able to present the facts and encourage clienteles to buy whatever it is they are selling. The spectators of any communication is the engaged or possible critic or critics. One gets used to one’s communiqué skills to match
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