Tutorial 1 BME1014 Trimester 1 2013/2014 Q1 Briefly discuss each of the following economic ideas: People are rational. People respond to incentive. Optimal decisions are made at the margin. Q2 Indicate whether each of the following statements applies to microeconomics or macroeconomics issue. a) Proton plans to spend RM800 million on a new automobile plant. b) The nation’s economy grew at an annual rate of 3.7 percent in the final quarter of the year. c) The trade
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Multinational Business Finance Complete Test Bank by Eiteman Multinational Business Finance‚ 13e (Eiteman/Stonehill/Moffett) Chapter 1 Current Multinational Challenges and the Global Economy 1.1 Financial Globalization and Risk True/False 1) BRICs is a term used in international finance to represent assets that are considered to be inexpensive and sturdy‚ but fundamentally unsound and and incapable of coping with the upheavals now apparent in international financial markets. Answer: FALSE
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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level ECONOMICS Paper 4 Data Response and Essay (Supplement) October/November 2005 2 hours 15 minutes Additional Materials: Answer Booklet/Paper 9708/04 w w w e tr .X m eP e ap .c rs om READ THESE INSTRUCTIONS FIRST If you have been given an Answer Booklet‚ follow the instructions on the front cover of the Booklet. Write your Centre number‚ candidate number and name on all the work you hand in. Write in
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productivity levels 3.) In the short run which of the following rates o growth in the money supply is likely to lead to the highest level of unemployment in the economy? A. 1 percent 4.) A company that formerly produced software went out of business because too many potential customers bought illegal copies B. inadequate enforcement of property rights 5.) In the short run WOTF is not correct? C. policies that encourage higher employment will also induce a lower rate of inflation
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THE PRACTICAL SIGNIFICANCE OF DIFFERENT COSTS 2.2 THE FACTORS INFLUENCING OPTIMUM SIZE AND THE SIGNIFICANCE OF DEMAND AND SUPPLY RELATIONSHIPS 2.3 UNDERSTANDING OF THE RELEVANCE AND LIMITATIONS OF ECONOMIC THEORY TO MANAGE DECISIONS 3. CONCLUSION 1. INTRODUCTION: From the economic perspective‚ there are a full range of wants from individuals‚ firms and government but there is only a few number of resources or factors of production such as land‚ labour‚ capital and enterprise. The
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Business Economics 2012 Table of Contents Q1) Explain (using example) the law of diminishing marginal productivity (DMP). Also‚ explain the difference between the law of DMP and law of returns to scale............................................................. 3 Q2) Explain how profit maximizing output is determined in a .............................................................. 9 a) Perfect competitive market ........................................................................
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Chapter 09 Creative Strategy: Implementation and Evaluation Answer Key Multiple Choice Questions 1. (p. 293) The agency that developed the ‘Jack-in-the-Box’ fast-food restaurants ads created a new ad with the return of a brand image that was remembered by customers from previous years‚ thereby creating a(n): A. advertising appeal. B. creative plan. C. marketing plan. D. sales approach. E. sales presentation. The advertising appeal refers to the approach used to attract
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LIVING WITH ART Test Bank – Chapter 13 Multiple Choice 1. Using a steel framework with masonry sheathing‚ the ________‚ designed by Louis Sullivan‚ is thought by many to be the first genuinely modern building. a. Wainwright Building b. Eiffel Tower c. Crystal Palace d. Lever House e. Chrysler Building 2. Two factors that decide the success of any structural system are a. weight and tensile strength. b. the placement of its dome and its pendentives. c. the linear ratio
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World-Mart d. Shoprite Answer: D Factual‚ International Business‚ p. 5 2. Companies are no longer limited by their domestic boundaries and may conduct any business activity anywhere in the world; these companies are more likely to compete anywhere because of a. Technology b. Globalization c. Free trade system d. Business strategy Answer: B Conceptual‚ International Business‚ p. 6 3. Multinational companies or MNCs are
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NMIMS Global Access School for Continuing Education (NGA-SCE) Internal Assignment for December 2014 Examination Course : Business Economics SEM : I Program : DSM / DBM / PGDBM /DHRM /PGDHRM /DMM/ PGDMM /DFM /PGDFM /DITM /PGDITM /DBFM / PGDBFM /DSCM /PGDSCM //DFPWM /DRM /PGDRM Assignment Marks: 30 Instructions: All Questions carry equal marks. All Questions are compulsory. Answer to each assignment question should not exceed 1500 words. Use relevant examples
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