Chapter 5: The Open Economy 1. In a small open economy‚ if exports equal $20 billion‚ imports equal $30 billion‚ and domestic national saving equals $25 billion‚ how much are net capital outflows? Answer:–$10 billion NX = capital flows = 20-30 = -$10b 2. In Micronesia‚ which is a small open economy‚ if exports equal $5 billion and imports equal $7 billion‚ what is Micronesia’s trade balance? Answer: Micronesia has a deficit trade
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1. Feature Article Celebrating the festival of Black Nazarene in the Philippines The Black Nazarene or Nuestro Padre Jesús Nazareno that has came all the way from Mexico through a galleon is a life-sized‚ dark-colored‚ wooden sculpture of Jesus Christ which has been known to be miraculous by majority of the people‚ especially its Filipino devotees. The black Nazarene is currently enshrined in the Minor
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Open Boat Symbolism allows writers to suggest their ideas within a piece of literature. This is found in most types of writing. Stephen Crane expresses this in his short story‚ The Open Boat. Through symbolism and allegory‚ it is demonstrated that humans live in a universe that is unconcerned with them. The characters in the story come face to face with this indifference and are nearly overcome by Nature’s lack of concern. This is established in the opening scenes‚ the "seven mad gods" and in
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HANOI OPEN UNIVERSITY FACULTY OF ENGLISH ************** AN ASSIGNMENT FOR WRITING SUBJECT A REPORT WRITING THE USES OF ARTICLES IN ENGLISH NOUN PHRASE Hanoi‚ May‚ 2012 THE USES OF ARTICLES IN ENGLISH NOUN PHRASE ABSTRACT Noun phrase plays an important role in the construction of a sentence. Lacking knowledge of noun phrase in English‚ learners could not make understandable sentences. And‚ it is almost inadequate to discuss the noun phrase without referring at some stage to
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Berlin · Boston. DOI 10.1515/bmt-2013-4182 EEGLAB – AN OPEN SOURCE MATLAB TOOLBOX FOR ELECTROPHYSIOLOGICAL RESEARCH Clemens Brunner1 ‚ Arnaud Delorme2 and Scott Makeig2 1 2 Institute for Knowledge Discovery‚ Graz University of Technology‚ Austria Swartz Center for Computational Neuroscience‚ Institute for Neural Computation‚ University of California San Diego‚ CA‚ USA clemens.brunner@tugraz.at Abstract: EEGLAB is a widely used open-source MATLAB toolbox for analysis of electrophysiological
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English feature article draft In the film ‘Beneath Clouds’‚ Ivan Sen exposes the troublesome lives of two young indigenous adolescents in a small rural community of northern New South Wales. Throughout the film Lena (Diannelle Hall) and Vaughn (Damian Pitt) travel on a journey not only to escape their alcohol and abusive pasts but also on a spiritual journey to find where they truly belong in this world. This sounds good but you should make your reading more clear so that it underpins the whole
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An open economy is the opposite of a managed economy. It is one that is characteristically market-oriented‚ with free market policies rather than government-imposed price controls. In an open economy industries tend to be privately owned rather than owned by the government. In the area of international trade an open economy is one whose policies promote free trade over protectionism. On the other hand‚ a managed or closed economy is characterized by protective tariffs‚ state-run or nationalized
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Louis Kahn was a genius beyond his time. His idea of silence and light separates his architecture from anyone else in history. The ideas spawned by his work challenged many theories before and beyond his time. He used plainness‚ light and location to shape the design of his buildings. Another concept that was heavily practiced by Kahn‚ was the use of served and servant spaces. The servant spaces usually housed the lighting‚ plumbing‚ and any other entity that made the building functional. On
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Structural features of a Shakespearean sonnet * The first twelve lines are divided into four lines each * There are fourteen lines * 3 quatrains and a couplet (last 2 lines) * A rhyme scheme of abab cdcd efef gg * Quatrain one - states the problem * Quatrain two- elaborates on the problem * Quatrain three- a solution * Couplet- what happened at the end * Developed so that each quatrain progresses towards a surprising turn of events in the ending couplet What
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An alphabet of conversational features Conversations exhibit a very wide range of styles‚ nuances and linguistic strategies. If you approach analysis with a checklist of ’main features’‚ you need to be careful to identify which ones are most appropriate to the conversation you are investigating. It is an interesting linguistic fact that alphabetical ordering confers neither more nor less importance on each item. Remember that it is the concept behind the terminology that matters. If‚ for
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