Assignment 4 5. According to the IS-LM model‚ what happens to the interest rate‚ income‚ consumption and invest under the following circumstances. a. The central bank increases money supply. An increase in the money supple shifts the LM curve downward. The equilibrium moves from point A to point B. Income rises from Y1 to Y2 and the interest rate falls from r1 to r2. Therefore this increase in money supply causes a decrease in interest rate‚ an increase in income‚ an increase in consumption
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Charlotte Marguerite Powers The Changing Role of Chaebol Multi-Conglomerates in South Korea’s National Economy The chaebol (財閥‚ 재벌) multi-conglomerates were instrumental in the development of the South Korean economy and will continue to be a source of great economic strength in the future. However‚ a weak system of corporate governance has exacerbated past financial failures in South Korea and leaves the Korean economy at future risk. To ensure Korea’s success in an increasingly globalized
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hoped for a bit of inflation—but not this sort ----Bhavya Upadhyay The article discusses on the good‚ the bad and the ugly side of the rising inflation in Japan. All over the world inflation is raising its ugly head but for a country like Japan it may be a blessing in disguise. An inflation of 1.0% in Japan may be a good sign‚ a case of the economy finally moving out of the long decade of deflation. The article explores on how the Japanese economy will benefit from inflation in terms of the increase
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Tables of Contents 1.0 Introduction 2 1.1 Inflation 2 1.1.1 What Inflation is? 2 1.2 two types of inflation: 2 1.2.1Creeping inflation 2 1.2.2.hyperinflation 2 1.3 Causes of inflation 2 1.4 Measure of inflation. 3 2.0 India ’s economy ‚ history of inflation and inflation rate. 3 2.1 Causes of inflation in India 4 2.1.1 Shortage of food 4 2.1.2 Population rise. 4 2.1.3Weak Indian rupee. 4 2.2 Impact of inflation in India 5 2.2.1 Low standard of living 5 2.2.2 high
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Religion plays a big role I the play Hamlet. The type of religion that shows most in this play is Christianity. Hamlet deals with a lot of situations from his father’s death to getting revenge for his for his Father’s death‚ and he knows that his actions will be judged by God but he’s too focused on revenge for his father to care. There has to be a reason Hamlet is so determined to get revenge for his father right? “My hour is almost come when I to sulfurous and tormenting flames must render up myself
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“If I told the police what you just admitted‚ you would deny it‚ and we both know it‚” Andrew said‚ knowing he needed to take care of this little‚ evil troublemaker. “How much spending money do you need?” “Well‚ now‚ let me think about it for a minute‚ I want to be reasonable. With all the money‚ you make at the drug store. You could afford $800 a month to start. Remember‚ I know how much you make‚” Nancy said and snickered. “What do you mean to start?” He asked‚ knowing what she meant. “From time
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What do you think Steinbeck says about the theme of friendship in Of Mice and Men? Of Mice and Men describes the life of a man and his best friend who has the mentality of a child. Their friendship is very strong and this is surprising‚ “it jus’ seems kinda funny a cuckoo like him and a smart little guy like you travelin’ together”‚ and this is due to the other characters in the book being implied as very lonely. Every time George and Lennie obtain a job‚ Lennie gets in trouble and they are
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There are many characters in the play Agamemnon by Aeschylus and they are all important in their own ways. One of the characters is Cassandra‚ a seer who was brought back with Agamemnon after Troy’s defeat. At first Cassandra seems like a minor character since she does not speak much‚ but as the play progresses‚ her character develops and she starts to play a larger role in the play. Cassandra is used by Aeschylus to a great extent. She and her supernatural powers help to make the audience feel more
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Blogger‚ etc. We see this term being a big part of Clive Thompsons book Smarter Than You Think and is an essential element to understanding technology today. According to Thompson‚ ambient awareness is “almost like being in the same room as someone and picking up on his/her mood and thoughts by the stray signals he/she gives off” (Thompson‚ 2013). He continues to say that ambient awareness is like a type of E.S.P. where “you create a picture of someone else’s internal state gradually‚ actually unconsciously
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What makes us good citizens? It is hard to answer that question because every person can think about different definition of a good citizen. Many can call themselves good citizens just because they work‚ pay taxes and obey law. But is it enough? Not for everyone. Good citizens do not serve their own interest but rather understand that their deeds affect the world around them. They serve their families‚ friends and others in need without prejudice and selfishness. They care about the condition of
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