1. |Each of the following is an example of an economic resource except | | |A) |land. | |B) |money. | |C) |capital. | |D) |labor.
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Big Problems Thailand‚ like other countries‚ is facing several problems. Many are trivial; some are significant or BIG. I have reflected on the big problems‚as a Thai fellow‚ that I think are challenging the well-being of Thailand. In fact‚ a small-scale survey conducted by one of my students revealed that the four big problems were ranked as follows: 1. Economic Problem 2. Red-Yellow Groups 3. The Deep South It was found that the environment-related problems (such as global warming
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is and i quote “the socio-economic problems of Ghana are responsible for indiscipline of the citizens”. Mr. Chairman before i take my stand in this august argument‚ i would like to explain certain keywords in the motion so that my audience will get a clear idea of what the motion is about. Mr. Chairman‚ the keywords in the motion are socio-economic problems‚ responsible‚ indiscipline and citizens. According to Wikipedia-the free Encyclopaedia‚ a socio-economic problem refers to the area that governs
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BASIC ECONOMIC PROBLEM Scarcity is one of the most basic economic problem that we faced. Why we run into scarcity because we are in a society with unlimited wants‚ but limited resources. Therefore‚ we have to choose‚ to make trade-offs. We have to efficiently allocate resources‚ and we have to do those things because resources are limited and cannot meet our own unlimited demands. Choice and opportunity cost are two basic concepts in economics. Because of scarcity‚ consumers‚ businesses and governments
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Why the choice of the textbook ECONOMICS‚ An Introduction by Villegas and Abola? * The book is contextualized to the Philippine economic setting---learning of economic principles is immediately related to the current situation and issues facing the economy. Students will therefore be learning not abstract or foreign concepts but concrete ones they can relate with and use to explain socio-economic phenomena they experience‚ and most likely motivate them to take constructive action on these phenomena
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1.) An example of externality… c. pollution from a factory on the health of people in the vicinity of the factory 2.) The fact that the different countries experience different standards of living is largely explained by differences those countries. b. productivity levels 3.) In the short run which of the following rates o growth in the money supply is likely to lead to the highest level of unemployment in the economy? A. 1 percent 4.) A company that formerly produced software went
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ECONOMIC PROBLEMS OF PAKISTAN Outline 1. Economy of Pakistan is in serious crises. 2. Political instability is the major cause along with many others. 3. In Pakistan‚ the system of taxes does not work well. 4. Corruption and bribery of the government officials hinder smooth functioning. 5. Pakistan is rich in natural resources but poor in managing and utilizing these. 6. Foreign exchange has always been a major problem of Pakistan. 7. The population growth rate adds
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are true Pakistani then you will probably be aware from the main economic problems of Pakistan? Well if not then you must be aware because the solution of all such problems are connected with your bright and successful future. There have been so far huge sum of the problems related to the economic sector that is all the time in the mood of disturbing the economics of Pakistan. Well we cannot blame the entire mistake on the economic monster because the actual culprits are the policies that are infusing
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10 Economic Problems of the Philippines 1. Over-dependence on Global Economy The growth of the Philippines economy drastically slowed to just 3.6% in the first three quarters of 2011‚ which is significantly less than the 7%-8% growth targeted by administration’s Philippine Development Plan (PDP). Though the slowdown may have been due to the ongoing global crisis‚ it was markedly slower in comparison to other South-East Asian neighbors. Economic performance figures indicated a contraction
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500 bunches a week. The average total cost of producing tulips is $21 a bunch‚ and the minimum average total cost is $18 a bunch. 1. What is a tulip grower’s economic profit in the short-run? 2. How does the number of tulip growers change in the long-run? 3. What is the price in the long run? 4. What is a tulip grower’s economic profit in the long-run? Three: (10 points) 1. What is market share test? 2. What is tie-in sales? 3. What is horizontal merger? 4. What is antitrust
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