Macroeconomics Assignment 4 – Lessons 7& 8 Solutions 1. What distinguishes money from other assets in the economy? (2 Mark) ANS: Money is different from other assets in the economy because it is the most liquid asset available. Other assets vary widely in their liquidity. 2. What are demand deposits‚ and why should they be included in the stock of money? (2 Mark) ANS: Demand deposits are balances in bank accounts that depositors can assess on demand simply by
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anyone on our way to success‚ is very important if you want to feel good about yourselves. Everyone wants to win in every aspect of life‚ but we have to remember to have sportsmanship‚ not gamesmanship. According to Kirk O. Hanson and Matt Savage of scu.edu‚ Gamesmanship is when winning is everything for you‚ no matter what you have to do for it‚ even if you have to hurt people on the way‚ even if you have to be unethical. Gamesmanship suggests to go agains the rules to gain a advantage over your
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Born to be different‚ individuals should emphasize and completely take advantage of their uniqueness in order to succeed. It is those differences that launch those who emphasize distinctness of things‚ into success. Through the stories of amusement parks‚ the theme has been manifested to be true for several times. Randy Guthrie‚ the ex-CEO of the ocean park‚ constructed Ocean Park by imitating Western amusement parks such as Disney‚ and finally launched Ocean Park into serious ‘financial crises’
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Hamlet is arguably the most renowned play is all of the English language. Most likely written in 1601 or 1602‚ this tragedy is a milemarker in the development of shakespearean drama. The playwright reached his maturity in the art through his astonishing depiction of Hamlet’s conflict with two conflicting actions: fortune and the promise to avenge his father’s homicide. In early Protestant religion‚ many denied that the medieval Church held the ability to manipulate the grace of God. Rather‚ they
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The Gods and Their Role in the Iliad The gods in the Iliad are characters who seem very human to us. How do their actions propel the story forward? Are they responsible for the events of the Iliad‚ or are other characters? Like normal people‚ the gods have both good and bad qualities‚ their own strengths and weaknesses‚ personal disagreements and struggles. Similarly‚ like many of the other characters‚ the gods have a key role in the determining what happens‚ even from the very beginning. While
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The role of Entrepreneurship in the economic development of Bangladesh Entrepreneurship Entrepreneurship is the dynamic process of creating incremental wealth by individuals/groups through the use of resources. Entrepreneurship is combinations of innovative ideas by which the management skills resources meet identify needs in the market place. It is an act of initiative‚ drive‚ commitment‚ perseverance‚ organized effort‚ and achievement outlook‚ to undertake some specific functions of performing
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For as long as man have lived together‚ they have divided themselves: the strong from the weak‚ the rich from the poor‚ and in Medieval England‚ the gentle from the masses. Of course today‚ although there are still without a doubt class distinction and divisions‚ society has come a long way in a very short time. When Geoffrey Chaucer was writing his masterpiece‚ Canterbury Tales‚ societal oppression was the norm‚ and this inspired many of his character’s whom he created as stereotypes to criticize
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concept of entrepreneurship was first established in the 1700s and the meaning has evolved ever since. Many people simply define entrepreneurship as the practice of starting one’s own business. However‚ most economists believe it is more than that. (par. 1) To some economists‚ the entrepreneur is one who is willing to bear the risk of a new venture if there is a significant chance for profit. Others emphasize the entrepreneur’s role as an innovator who markets his or her innovation. Still other economists
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explore the role gender plays in sports. According to Real World: An Introduction to Sociology‚ agents of socialization is defined as “social groups‚ institutions‚ and individuals (especially the family‚ school‚ peers‚ and the mass media) that provide structured situations in which socialization takes place”. This means that playing sports teaches many essential concepts about life. Have you ever wondered why is it when a little boy‚ about 4 years old‚ is asked what sport he wants to play‚ the answer
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Running head: Do Professional Sports benefit the economy? Do Professional Sports benefit the economy? William S. Cooper Hodges University Directed Study in Management (MNA4704) Professor Meyers December 20‚ 2009 Abstract Do professional sports have a “major league” impact on the US economy? Most professional sports such as the National Football League‚ the National Basketball Association‚ the Major League Baseball and the National Hockey
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