1. Why do economists use real GDP rather than nominal GDP to gauge economic well-being? Real GDP is the production of goods and services valued at constant prices. Nominal GDP is the production of goods and services valued at current prices. Real GDP rather than nominal GDP to gauge economic well-being because real GDP is not affected by changes in prices‚ so it reflects only changes in the amounts being produced. If nominal GDP rises‚ you do not know if that is because of increased production or
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“Technological Development has a positive rather than a negative impact on society.” Discuss. Technological development refers to the process of research and development of technology. In discussing whether or not the development of technology has a positive impact on society a number of arguments‚ both or against‚ need to be examined. These arguments include bringing convenience to our daily life‚ the economic growth bought by the technology advancement‚ the problem of electronic waste and the
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Unit 01 – Child and young person development (2:1) Give Examples of how the different aspects of development can affect each other. There is a strong connection between Physical‚ Intellectual and Social development. All developmental areas have their own unique traits and specific characteristics. However‚ they are all dependent upon and can impact each other. This can have detrimental effect on an individual’s development. Growth and development of the brain (physical development) leads to changes
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In the 1990 article “I’d Rather Kiss than Smoke” in the National Review‚ Florence King tries to persuade her readers to look through a smoker’s eyes in a smokist world. King has been around people smoking even before she was born. Her mother started smoking when she was twelve and she started this habit when she was twenty-six. Since she started smoking‚ she has been analyzing how non-smokers discriminate against them. Florence King expects everyone to be okay with smoking because it is what
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Mike LaVine 12/12/12 Individual assignment 2 William Edwards Deming William Edwards Deming was an American statistician professor. He was also considered an author‚ consultant‚ and lecturer. Deming is most famous for his work done in Japan where he taught top management how to improve design‚ service‚ testing‚ quality‚ and sales through many of his unique methods. Deming made a significant contribution the Japan’s economic status for the innovation of high quality products. He is said to
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Why some water samples can be harder than others (1)Hard water is any water containing an appreciable quantity of dissolved minerals. (2) Some of the minerals come from chalk‚ limestone or marble‚ which the water may have flowed over or through. (4) Hard water contains calcium or magnesium ions. Limestone‚ marble or chalks are insoluble in pure water however they will dissolve slowly in acidic rain. If your water has emerged through limestone or chalk (calcium carbonate) it will be hard. (1) Soft
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to provide for long-term needs with a view to becoming competitive. 2. Adopt the new philosophy. We are in a new economic age. We can no longer live with mistakes and defects. 3. Eliminate dependence on mass inspection. Quality must be built into the product. Quality must be the foundation on which the organization built. 4. Eliminate awarding business based on price alone. Instead minimize total cost. Move toward a singular supplier for any one item‚ on a long-term relationship of loyalty and
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and by socializing with others‚ this goal will be met. In this paper‚ the importance of getting along with others‚ obstacles to relationship building and ways to build good interpersonal relationships will be discussed. Firstly‚ building interpersonal relationships is important in that it is the avenue for fun and entertainment‚ it is used to build and maintain friendships and it is the key to healthy and fruitful life. Secondly‚ being afraid of rejection‚ catering to others and lack of understanding
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How does art and music relates to each other. Do they have a social impact? . Art and music bring many cultures from all around the world together. Both express thoughts‚ emotions‚ stories‚ views‚ ideas‚ and opinions of human life. For instance‚ art is a form of expression as well as music. Moreover‚ music describe a person’s culture‚ life‚ feeling and hobbies as well as art. It is how people liberty to express themselves through music in whichever way they prefer.as well as art and what people
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identify who we are. It is believed that we learn more from making mistakes rather than from our successful actions because we’re only human. Learning from our mistakes lets us know what we did wrong so we can fix it. We need to learn from our mistakes so we do not repeat them and so that we learn a lesson from it. Learning from our mistakes is essential to our growth so that we do not run the risk of repeating them. We must develop the wisdom and sense to make good decisions and choices. Good judgment
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