Chapter 1 – The Five Foundations of Economics • Scarcity: The limited nature of society’s resources • Economics: The study of how people allocate their limited resources to satisfy their unlimited wants • Time‚ energy‚ and financial cost toward acquiring materials • Air and gravity are examples of things we don’t worry about‚ or aren’t scarce • The ability to look at the benefits of the activity and weigh it against the cost is thinking like an economist • Making choices is all about comparing
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where it is? Now to answer the question‚ the instrument that is used here is called a promissory note‚ meaning I promise to pay such and such amount by this date. In this particular case the document that states: “I promise to pay to the order of Bob’s Auto Emporium $ 20‚000 with interest at the rate of 7% per annum “‚ granted it is a promise‚ but this one is not negotiable. For a promissory note to be negotiable is has to be in writing‚ it must be signed by the preparer‚ it must be an unconditional
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[pic] Finding the Big Idea (FBI) Notes 1. Read each section of the assigned reading carefully. 2. Write one main idea sentence that summarizes each bold black subheading. You should use and underline the subheading in the sentence. 3. Next‚ write one main idea sentence that summarizes each purple heading. This covers the information of the bold black headings of that section. You should use and underline the purple heading in the sentence. EXAMPLE: Text: Norton‚ Mary Beth‚ A People and
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Chapter 1 -We are moving toward a world in which barriers to cross-border trade and investment are tumbling; perceived distance is shrinking due to advances in transportation and telecommunications technology; material culture is starting to look similar the world over; and national economies are merging into an interdependent global economic system -It is a world in which international institutions such as the World Trade Organization and gatherings of leaders from the world’s most powerful economies
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Tourism Notes ------------------------------------------------- Year 1 Ronan Keane Table of Contents Forecasting Demand 4 Poor forecasting: 4 Most popular variable (as measurement for demand): 4 Causative (Econometric) 4 Econometric models 5 Non-causative (time series) 5 Non-causative (time series) 5 Qualitative forecasting 5 Problems and challenges 5 Gravity model 5 Limitations 6 Price and Income Elasticity in Demand 7 Elasticity’s of Demand in Tourism 7 Income
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Exam 2 Study Guide Note: The guide below represents approximately 90% of what will be on your exam. Know this stuff‚ and dig into your notes for anything major I’ve missed here. I’m targeting about 37 questions – all multiple choice. * Review any major-in class examples. Like Enron & Tyco proxy discussions… * Check e-campus for the 5 Exam 2 readings * One “big picture” question from each of the posted WSJ articles * Know definitions of the Corporate-level Strategies
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Getting Set Up - C++ Compilers The very first thing you need to do‚ before starting out in C++‚ is to make sure that you have a compiler. What is a compiler‚ you ask? A compiler turns the program that you write into an executable that your computer can actually understand and run. If you’re taking a course‚ you probably have one provided through your school. If you’re starting out on your own‚ your best bet is to use Code::Blocks with MinGW. If you’re on Linux‚ you can use g++‚ and if you’re on
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Chapter 7 Measuring a nation’s income The economy’s income and expenditure GDP measures two things at once: the total income of everyone in the economy and the total expenditure on the economy’s output of goods and services. GDP can perform the trick of measuring both total expenditure because these two things are really nearly the same. For an economy as a whole‚ generally‚ income must equal expenditure This is true because: An economy’s income is the same as its expenditure because every
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NATIONAL SENIOR CERTIFICATE GRADE 12 COMPUTER APPLICATIONS TECHNOLOGY P2 (THEORY) NOVEMBER 2010 MARKS: 150 TIME: 3 hours This question paper consists of 15 pages. Copyright reserved Please turn over Computer Applications Technology/P2 2 NSC DBE/November 2010 INSTRUCTIONS AND INFORMATION 1. 2. 3. This question paper consists of SECTION A and SECTION B. Answer ALL the questions. Number the answers correctly according to the numbering system used in this question paper.
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Negligence: All the necessary elements of negligence must be proven by the plaintiff‚ and any possible defence must be countered‚ in order to successfully sue someone for negligence • Negligence is a tort‚ involving another person’s failure to take reasonable care in circumstances where their conduct might foreseeably cause us harm or loss. What is a tort? • The Law of Torts is concerned with minimum standards of conduct expected between people. • To establish liability
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