National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income these
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TITLE ( LABOR – exertion by human beings of physical or mental efforts‚ or both‚ towards the production of goods and services. Labor also means that sector or groups in a society which derives its livelihood chiefly from rendition of work or services in exchange for compensation under managerial direction. (Mendoza: 2001) CHAPTER I GENERAL PROVISIONS ( ART. 1. NAME OF DECREE “Labor Code of the Philippines” ? ART. 2. DATE OF EFFECTIVITY ( The Labor Code took
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network? a. A client/server network is simpler to set up. b. A client/server network allows resources to be managed centrally. c. A client/server network does not require a network operating system. d. A client/server network is less expensive to set up. 2. What is the primary function of a file server on a client/server network? a. It monitors how many users are logged on to a WAN. b. It manages access and use of shared applications and data. c. It prevents unauthorized remote users from connecting
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
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In the essay “The Net Is a Waste of Time” by William Gibson‚ he talks about how he is an “avid browser of the World Wide Web.” While people find this to be odd and his wife finds it positively perverse‚ Gibson thinks differently saying “I‚ however‚ scent big changes afoot‚ possibilities that were never quite as manifest in earlier incarnations of the Net” (Gibson 691). While some people think he is wasting his time with the web‚ he believes it will be the tool of the future. Even though the internet
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interest rate. [pic] Expansionary monetary policy or Contractionary monetary policy. a) To maintain the same level of output‚ what monetary policy should BSP implement? ANSWER: EXPANSIONARY MONETARY POLICY (Increasing money supply lowers interest rate) b) To maintain the same level of interest rate‚ what monetary policy should BSP implement? ANSWER: CONTRACTIONARY MONETARY POLICY (Reducing money supply results to an increase in interest rate)
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Assignment #1 Weak Labor Report Fans Fears - Ben Casselman (7/7/12) 1. How many jobs were created in the United States in June? Which sector showed the biggest job gains? Which sector showed the biggest job losses? 80‚000 jobs were created in the US in June‚ and the manufacturing sector showed the biggest job gain‚ with gains of 11‚000 jobs. Retail showed the biggest job loss‚ with losses of 5‚400 jobs. 2. What are 3 reasons behind the lower number of jobs created in June? In other words
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Direct Marketing consists of connecting directly with carefully targeted consumers‚ often on a one-to-one‚ interactive basis. Using detailed databases‚ companies tailor their marketing offers and communications to the needs of narrowly defined segments or individual buyers. Beyond brand and relationship building‚ direct marketers usually seek a direct‚ immediate and measurable consumer response. The New Direct Marketing Model Early direct marketers-- catalog companies‚ direct mailers‚ and telemarketers--
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As an everyday IT student‚ I came up with the question why internet was so important to us? How does a computer network can receive data from other network? And what was really happening to the information we are working with in a computer network? And then because of the video clip titled the warriors of the net also known as the dawn of the net‚ give answer to my questions. Because the video were discussing clearly‚ systematically‚ and easily the cycle of information we are working within a computer
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(2013) outline the two dominant fiscal tools that accomplish a reduction in the government deficit in the short run: increasing taxes and decreasing government spending. Such manipulation of fiscal policy is called fiscal consolidation. In conjunction with this question‚ the behavioral equations dictate that the endogenous variables in this closed economy are consumption‚ disposable income and investment. This essay will analyse and evaluate the effects of each fiscal tool on all endogenous macroeconomic
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