GDP means high level of government expenditure or consumption which also initiate low level of saving. Low level of saving and/or high population growth condemn a country to a low GDP/head in the long run (unless there is a TFP growth). Is GDP a Perfect Measure of Living Standards? Economists estimate the average standard of living in a particular year in a particular country by taking the real GDP and dividing it by population. The ratio is called GDP per capita. This gives the average amount
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THE PRESENT PERFECT TENSE The present perfect tense is made up of : 1. has / have + past participle (active form) 2. has / have + been + past participle (passive form) Present Perfect Tense is used: 1. To refer to a recently / newly completed action. e.g. I have just completed my homework. My neighbours have recently sold their car. 2. To refer to an action that occurred at an unspecified or unknown time in the past. e.g. The Jones have
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TOEIC Grammar GLOBAL EDUCATION VIETNAM www.globaledu.com.vn TENSES 1. Present Simple 1.1. Form: Tense Present Simple (Hiện tại đơn) S + V (s/ es). S + don’t/ doesn’t + V. Do/ Does + S + V? 1.2. Usage: We use present simple: - To refer to something which happens often or for a habit that we have I usually do my homework immediately after school. Form Example The postman always comes at eleven. The postman doesn’t always come at eleven. Does the postman always come at eleven? - To refer
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social welfare. On the other hand . Perfect competition describes markets such that no participants are large enough to have the market power to set the price of a homogeneous product. It meets the following criteria - all firms are price-takers‚ all firms have a relatively small market share‚ buyers know the nature of the product being sold and the prices charged by each firm‚ there is a complete freedom of entry and exit. While monopoly and perfect competition mark the extremes of market
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females‚ will also incorporate elaborate training programs as well as support services that will ensure that participants get the best assistance in their stay. Currently‚ Perfect Homes is one of the few organizations that has the ability to offer long term transitional housing with in-house training programs. Furthermore‚ Perfect Homes will employ a friendly marketing campaign through the use of the local media‚ pamphlets‚ local marketing events‚ as well as one-on-one engagements. The marketing strategies
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*TAG Partners System*‚ Inc. TAG’s business plan is to provide small trucking companies complete back office solutions and strategic alliances to eliminate the competitive advantage large trucking companies’ benefit from. The small trucking companies will receive greater revenue per mile and have lower operational expenses through TAG’s services‚ which are gained by leveraging a large client base‚ forming strategic alliances‚ and implementing their software. TAG’s management team is offering
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Palamon Capital Partners/TeamSystem S.P.A. 1. Valuation of TeamSystem S.P.A. using Free-Cash-Flow-to-Equity Model (FCFE) (1) Calculate Free cash flow to equity per year: FCFE = NI – (CAPX – DEPR) –NWC + Net Borrowing (2) Discount Rate / Equity Rate: Elson estimated discount rate to be 14%. (Source: Elson believed that a 14 percent discount rate would appropriately capture the risk of the cash flows.) (3) Present Value: Note: the company is expected to grow by 6% forever since
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Facing the fact that you have to find the "perfect" roommate you have to make a decision about what the ideal roommate would be for you. Just because you are best friends with someone or your friend suggested that you live with them doesn’t necessarily mean that they will be the ideal roommate for you. If you have determined what you are looking for in a roommate you can begin your search. You would first have to go through all of your friends to see if they were looking for a place to stay.
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The Seemingly Perfect City of Prester In his short story A City of Churches‚ David Barthelme explores the ideas of religion as a controlling force‚ individualism‚ and perfection. The city of Prester strives to achieve the unattainable attribute of perfection. The real estate agent‚ Mr. Phillips‚ blatantly states‚ “We are like other towns‚ except that we are perfect.” (123). He is lying through his teeth and knows for a fact that Prester lacks the vitality that is a necessary component in any society
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Fatima Meeting Santiago- When I first met Santiago‚ there was something about him. I could not explain it then‚ and I doubt I ever will be able to. His eyes entrapped me‚ and he looked so gentle and sincere I could not help but smile! The way he looked at me was unlike anything else‚ it was almost as if he looked into my soul. We understood what the other was thinking without speaking any words. It was what the strange old man‚ the Alchemist was always talking about‚ the language of the world
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