Macroeconomics and microeconomics explained Macroeconomics and microeconomics forms the two major important studies within the branch of economics that are both essential in sustaining the overall growth and standard of the economy. They are interdependent and work in liaison with one another. However they differ in a number of ways both in terms of their scope and implementation. Whereas microeconomics tends to focus on smaller business sectors‚ macroeconomics focuses on the larger income of a
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1. What is the main difference between a virus and a Trojan? A computer virus attaches itself to a program or file enabling it to spread from one computer to another‚ leaving infections as it travels. Like a human virus‚ a computer virus can range in severity: some may cause only mildly annoying effects while others can damage your hardware‚ software or files. Almost all viruses are attached to an executable file‚ which means the virus may exist on your computer but it actually cannot infect your
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Katie Royle 17/9/10 What are the main differences between spoken and written English? In English‚ speech is known as a social way of communicating and expressing an opinion. On the other hand writing is known more for recording notes‚ facts and information. Each form of English has different ways of interacting with a specific audience. The lexis for both the written and spoken mode is somewhat different. Informal and colloquial is the language used during speech whereas
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differ in the way a country or a state is managed. In attempting to identify and discuss the differences between the two regimes‚ we should think what implications do the two regimes have on the political system. How are they different in terms of the institutions they inherent? How are rulers elected and which one provides the more comprehensive representation? How does the law making process differ‚ what implications do they have on the judiciary and civil rights? Is the distribution of power different
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Kirat Hundle 1. What is the difference between an element and a compound? An element is an isotope made of the number of neutrons it has. A compound is a substance made of two or more different elements (a mixture). 2. What is the periodic table? A periodic table is where the chemical elements are organized based on their atomic number (number of protons in the nucleus)‚ electron arrangement‚ and chemical properties. 3. Give two examples of each of the four major mineral groups (silicates‚ carbonates
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The Main Difference Between Mediation and Arbitration: The Decision The key difference between mediation and arbitration is the person who ultimately resolves the conflict. As we described in the article mentioned above‚ mediation is a dispute resolution method where a neutral third party acts as a referee of sorts and helps each side recognize the legalities involved in their arguments. It is up to each party to agree on a final resolution that is mutually agreeable. In arbitration‚ two parties
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* What are the main differences between a GIF and a JPEG file? Both the GIF and JPEG are compression formats for storing images to be displayed electronically. The JPEG format can display literally millions of colors and is frequently used for displaying images such as photos‚ artwork‚ or intricate designs. A GIF only displays up to 256 colors and because of that is more apt to be used for more simple images such as cartoons‚ or word based items. GIFs also have a faster load time because of the
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Chapter 1 The Art and Science of Economic Analysis INTRODUCTION THIS CHAPTER HAS TWO PURPOSES: TO INTRODUCE STUDENTS TO SOME OF THE BASIC LANGUAGE OF ECONOMICS AND TO STIMULATE STUDENT INTEREST IN THE SUBJECT. IT CONVEYS TO STUDENTS THAT ECONOMICS IS NOT ONLY FOUND IN THE FINANCIAL SECTION OF THE NEWSPAPER‚ BUT ALSO IS VERY MUCH A PART OF THEIR EVERYDAY LIVES. BEGINNING WITH THE ECONOMIC PROBLEM OF SCARCE RESOURCES BUT UNLIMITED WANTS‚ THIS CHAPTER PROVIDES AN OVERVIEW OF THE FIELD AND THE
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social development has been diluted. Nevertheless‚ over the years it has become obvious that entrepreneurship has grown in importance and that it indeed contributes to economic well being. Converting ideas into successful economic opportunities is the main essence of entrepreneurship. If we cast an eye over the past‚ the economic momentum has been substantially advanced by pragmatic individuals who are creative and innovative‚ able to utilize opportunities and willing to take risks. Whatever the definition
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rate‚ which is the number of unemployed‚ expressed as a percentage of the labor force. (Labor force-the total number of people who do have jobs + people who are unemployed). There are always people entering and others leaving unemployment. The difference between the number entering and the number leaving will determine if unemployment rise or falls. Although‚ different countries have different methods of measuring unemployment‚ which is by the results‚ is not always suitable to be compared. The unemployment
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