Buffer stock scheme: is an attempt to use commodity storage for the purposes of stabilizing prices in an entire economy or‚ more commonly‚ an individual (commodity) market Commodity: a raw material or primary agricultural product that can be bought and sold‚ such as copper or coffee. Commodity agreements are international agreements designed to stabilise commodity prices in the interest of producers and consumers. Cross price elasticity Demand: The quantity of a good buyers wish to purchase
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4 MAR‚ 2013‚ 05.23PM IST‚ AGENCIES Tata Motors slashes hatchback‚ sedan prices by Rs 29‚000-50‚000 NEW DELHI: Tata MotorsBSE 0.74 % said it has cut prices of its hatchbacks and sedans by Rs 29‚000-50‚000 ($530-$910)‚ in a bid to lure customers to a market that is on course in the current fiscal year to post the first decline in annual sales in a decade. Tata Motors‚ however‚ raised prices of its sport-utility vehicles (SUVs) - the only bright spot in the country’scar market in recent months
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Over a hundred thousand jobs the U.S. economy has created in the past ten months. It is still below the two hundred thousand needed to drastically bring down the unemployment rate‚ which is around eight percent. The positive we have is income and consumption and GDP growth‚ but it is still growing below trend rates. The housing market still shows little to no sign of life. The high prices of oil are presenting a significant headwind in the U.S. economy. The Federal Reserve still try’s to stimulate
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What is the difference between micro and macroeconomics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. Micro and macroeconomics describe the same concept of economics at different levels hence they are intertwined ideas. Microeconomics is concerned with individuals in the economy like households‚ workers and business (Taylor & Greenlaw‚ 2016). It concentrates on how business establishes prices‚ how it is affected by taxes and it explains the concept of demand
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word count: 4106 Introduction...............................................................................................................................2 Social accounting as a concept.................................................................................................2 `Social accounting` definition The development of the concept The reasons of producing such reports nowadays Principles of good social accounts Global standards for social and environmental reports Critical
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Eco/372 Final Exam ECO/372 Final Exam Study Guide How to Use this Study Guide – READ ME FIRST The following study guide will NOT have the same exact questions on your test! However‚ this study guide WILL help you ace the ECO/372 Final Exam. The guide covers the same topics and will help you gain a deeper understanding of the concepts. Best of all‚ you are still guaranteed a score of 90% or higher or your money back! Tip #1: Use CRTL+F to search a related keyword to quickly find the topic you
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Ecotourism is a form of tourism involving visiting fragile‚ pristine‚ and relatively undisturbed natural areas‚ intended as a low-impact and often small scale alternative to standard commercial (mass) tourism. Its purpose may be to educate the traveller‚ to provide funds forecological conservation‚ to directly benefit the economic development and political empowerment of local communities‚ or to foster respect for different cultures and for human rights. Since the 1980s ecotourism has been considered
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1. Analyse and explain the principles of eco-architecture in the urban living built-up environment. With reference to at least 4 examples‚ describe the application of environmentally conscious architecture that has been successfully implemented in Singapore. In light of unprecedented growth and rapid urbanisation in Singapore‚ it has become a great challenge to ensure that economic growth does not come at a high environmental price. In order to continue pursuing long term economy growth and environmental
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ERR 201 1.1 Health and Safety DBS Hours worked Pay Holidays Statutory Sick Pay Maternity leave Reporting of injuries and accidents 1.2 The Health and Safety at Work Act 1974 The Data Protection Act 1998 The Employments Rights Act 1996 The National Minimum Wage Act 1998 The Equal Pay Act 1970/1983 Human Rights Act 1998 The Sex Discrimination Act 1975 The Race Relations Act 1976 (amendments 2000) and Regulations 2003 The Disability Discrimination Act 1995 The Childcare act 2006 The Care Standards
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ERR 201 1.1Aspects of employment covered by law. Minimum wage Working hours(WTD- Working time directive) Discrimination Health and safety Holiday entitlements Maternity leave Redundancy and Dismissal Disciplinary procedures Disability Act Manual Handling Operations and Regulations Data Protection Act RIDDOR 1995 1.2 Legislation on above points. National Minimum wage act 1998: The national minimum wage is the minimum pay per hour almost all workers are entitled to by law. The minimum wage rate
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