I. MICROECONOMIC Micro-environment is preferred as ‘the operating system’ which includes the forces that has significant impacts on and can affect the organization’s ability to operate and serve its customer (Chaffey et al‚ 2009). This is influenced by the need of customers and how services are provided to them through the competitors‚ marketing intermediaries‚ and suppliers within the marketplace (Chaffey et al‚ 2009). 1. Customer Airasia provides to its customers the basic flight carrier
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Oluwatobi Onibatedo Eco 301 08/24.2013 WEEK 1 HOMEWORK Problem 1 1.a. Suppose the real GDP is currently $97 billion per year and natural real GDP is currently $100 billion. Measured as a percentage‚ what is the real GDP gap? Solutions Actual real GDP- Natural Real GDP =GDP gap over 100 = $97- $100= -3/100 = -3% GDP GAP is -3% The negative answer means the economy as a whole is in a recession. 1(b) Suppose natural real GDP is growing by $4 billion per year. By how much must
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croChapter 1: A tour of the world 1.1 THE EUROPEAN UNION When macroeconomists study an economy‚ they first look at three variables: * Output – the level of production of the economy as a whole – and its rate of growth. * The unemployment rate – the proportion of workers in the economy who are not employed and are looking for a job. * The inflation rate – the rate at which the average price of the goods in the economy is increasing over time. The economic performance of European
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|ECON E-1010 | |Microeconomic Theory Spring‚ 2013 | Course Web Site: http://isites.harvard.edu/course/ext-23285/2013/spring Professor: Bruce Watson econe1010@dce.harvard.edu Lectures: Mondays 7:40 – 9:40 Science Center A Teaching Assistants: Teo Nicolais (For
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Fundamentals of Microeconomics In the world today product and services are both key to the survival of mankind. Depending on the demand from consumers‚ companies will see an increase or decrease of the items they produce or the service rendered. In the article of trends in US gasoline and ethanol use and petroleum production and imports these items will be looked at; as well as a discussion of the fundamentals of microeconomics. First‚ in order to understand what the fundamentals of microeconomics are
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Should intermediate sanctions be run by traditional probation and prison systems or by new private or public agencies seeking to serve as alternatives to them? List two benefits and two challenges for each of these strategies and provide your own policy recommendation about which one should be used (and why). Overcrowding of prisons and unnecessary incarceration rates is one of the major problems in the United States today. As stated in Chapter 9‚ “ more then 60 billion dollars is spent on corrections
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The notion of “fairness” is often the justification given for the government intervention in the market. Do you agree or disagree. 1.0 Introduction Fairness in the market can be defined as the equally distribution in the proportion of economic pie to every party. In the past‚ the economic prosperity is not uniformly allocated among the members of society. The wealthier will have a larger proportion of the economic pie whereas the poorer parties will only occupy a smaller part of the economic
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22 4‚ 5‚ 6‚ 7‚8 6 5‚ 7 6. 7. 8. 9. 22‚ 23 16‚ 17 24‚ 25 26‚ 28 1‚ 5‚ 7 5‚ 6‚ 7 4‚ 5 10. 11. *12. *This material is dealt with in an Appendix to the chapter. Copyright © 2011 John Wiley & Sons‚ Inc. Kieso Intermediate: IFRS Edition‚ Solutions Manual 16-1 Visit Free Slides and Ebooks : http://downloadslide.blogspot.com ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives 1. Describe the accounting for the issuance‚ conversion‚ and retirement
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Intermediate Sanctions Florence Thomas Axia College of University of Phoenix Intermediate sanctions are criminal sentences that fall between standard probation and incarceration. Intermediate sanctions can include house arrest‚ intensive probation (i.e.‚ probation with more conditions beyond the basic conditions of standard probation)‚ boot camps‚ electronic monitoring‚ and drug treatment programs. Intermediate sanctions serve a dual purpose in the criminal justice system
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Intermediate Sanctions Intermediate sanctions are the sanctions that are more restrictive than the probation and less restrictive than imprisonment. It is also intended to relieve the pressure on the over crowed facilities that deal with the corrections and the probation departments that are understaffed. The purpose for the intermediate sanction in the criminal justice process is that it helps with any of the concerns from the facilities being packed and over crowed. Jails and the prisons
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