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Immigration into The United States

- Immigration into The United States California and the Southwest. Except for the Mexican immigrants, most of the immigrants from the Caribbean and Latin American settled along the East Coast, primarily in Florida and New York. As in the past, the majority of these immigrants worked in low-paying service industry or agricultural jobs. A large wave of Cuban-American refugees seeking political asylum entered the country. Many settled in Miami and New York. During the 1960's the country saw a major tax cut and the unemployment rate drop....   [tags: Illegal Immigration, Illegal Immigrants]

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Philosophy Q&A

- 1. Essay 1: Are you someone who wonders if life’s practical side is only half of what makes life worth living. May 21, 2010 According to Bertrand Russell, the practical man is one who is primarily concerned with meeting immediate needs, doesn’t recognize the need for mental nourishment, and whose ideas are simply a product of the environment he lives in. In contrast, the philosophical man is primarily concerned with things of the mind, with finding and contemplating questions of much greater significance, whose views are formed intentionally after careful consideration....   [tags: Philosophy]

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Statement of Purpose

- To achieve greatness, I believe that talent and hard work, even though essential, are not abundant, one should also pursue passion oriented dreams. It took me some time to find out how to chase my dreams in the real world. When I was twenty years old, I was studying Engineering at The University of Technology. At that time, I did not know what could be my dream, but I certainly came to understand what could NOT be my dream: being an engineer or a faculty member in the Engineering field. The reason was simple....   [tags: admission essay]

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Foreign Direct Investment

- Introduction In macroeconomics, foreign direct investment has been defined as the direct investment made in a country by foreign individuals or corporate organizations. On a broader view, FDI refers to activities such as acquisitions and mergers, building of new facilities like factories and joint ventures. Zilibotti (2009) posits that there are three major forms of Foreign Direct Investment: Horizontal FDI where corporate investors duplicate the same activities in their home country in the country of investment, Platform FDI where the corporate invests in a country as a platform for exporting to another third country and vertical FDI where corporate investors downstream or upstream in a val...   [tags: corporate, organization, country, investment]

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Islamic Finance Industry

- Islamic finance industry in Malaysia has been in existences more than 30 years. The enactment of the Islamic Banking Act 1983 enabled the country’s first Islamic Bank to be established. Malaysia’s long track record of building a successful domestic Islamic financial industry of over 30 years gives the country a solid financial that adds to the richness, diversity and maturity of the financial system. (RosniaMasruki, 2010). Before the advent of Islamic banks, financial market had been monopoly by conventional banks....   [tags: banking, crisis,economy]

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Tiger Airways Singapore

- ... For example, the Jetstar Asia Airways gains more profit from their business compared to the Tiger Airways (O’Sullivan, 2014). All of the circumstance was the effect of the consumer behavior toward Tiger Airways. Fig. 2 Supply and Demand of Tiger Airways The losses of the Tiger Airways also occurred because of the excessive of supply or surplus as shown in Figure 3. This condition occurs when the supply Sb are more than demand Db which leads to surplus....   [tags: airline companies, low cost, award]

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Economics, Scarcity, and Choice

- Economics, Scarcity, and Choice Economics: is the study of choice under conditions of scarcity Scarcity: a situation in which the amount of something available is insufficient to satisfy the desire for it. - time and purchasing power are scarce As individual’s, we face a scarcity of time and spending power. Given more of either, we could have more of the goods and services that we desire. Resources: the land, labor, and capital that are used to produce goods and services - scarce labor – the time human beings spend producing goods and services capital – long lasting tools used in producing goods and services physical capital: buildings, machinery, equipment human capital: ski...   [tags: Economics]

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Economic Conditions of Japan

- Economic Conditions of Japan Japan is currently in an economic recession. We can see that the value of the yen is falling; unemployment is rising, and purchasing of durable goods is down. This unhealthy state of economy has progressively become bleaker over the years. Many believe that the start of the slump was due to the economic bubble in the late 1980’s when low rates encouraged an inordinately large amount of investment. When a country has an elevated investment rate, large amounts of capital stock are purchased....   [tags: Business Economics Globalization]

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Environmental Analysis

- Environmental Analysis Introduction This analysis will consist of the identification of the industry in which my organization operates. It is important to identify key macroeconomic variables and their direct effect on the industry. This analysis has two charts that identify the relationship between two main macroeconomic variables and the corresponding industry variables over the last five years....   [tags: Business Analysis]

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The French Economy

- The French Economy (graphics not included) Macroeconomics from any country will be complicated and France is no exception. There are various factors which will give the analyst an Idea as to how healthy a countries economy is. The first, and arguably the most important, factor is GDP. GDP, also known as gross domestic product, refers to the total output of a country at any one time. Below is a time series of the GDP of France from 1970 until 2008. As you can see the French GDP seems to never be in the same place twice or, at least, has not held a steady course in the last 38 years....   [tags: France Economics Business]

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If there is a long drawn-out war with Iraq (or any other

- If there is a long drawn-out war with Iraq (or any other country), what implications might this have for Britain's fiscal deficit. Also trace out the possible effects, if any, on: a) Monetary Policy, b) Inflation and c) Unemployment. The economic policy followed by a country engaged in war is ,certainly, different of that followed by a country when in peace. Britain now finds itself a few steps away from war with Iraq and the questions concerning the implications of this ,unnecessary for many, war are not little....   [tags: Economics]

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The Necessity of Positive and Normative Economics

- The Necessity of Positive and Normative Economics Keynes once wrote: “The object of a positive science is the establishment of uniformities, of a normative science the determination of ideals.” (Blaug, 122) This is the dichotomy that economists recognize when approaching their field of study. The social scientist must recognize both positive and normative distinctions, means and ends, as important factors of fruitful research. Secondly, they must clearly express the conditions and assumption which theories holds in order for economics to be useful for society....   [tags: essays papers]

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Four of the Major Economists' Theories

- Four of the Major Economists' Theories “Economics is the science which studies human behavior as a relationship between end and a scarce means which have alternative uses’ seems to capture the essence of Microeconomics, but does not convey much of the spirit of Macroeconomics.” - L. Robbins Although most economists cannot come to agreement on the definition of economics, the preceding quote from l. Robbins, in my opinion, seems to just about sum it up. Since the beginning, when man first had to choose between hunting and sleeping, there was economics....   [tags: Papers]

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Relationship Between Inflation and Unemployment

- Inflation and unemployment are two key elements when evaluating a whole economy and it is also easy to get those figures from National Bureau of Statistics when you want to evaluate it. However, the relationship between them is a controversial topic, which has been debated by economists for decades. From some famous economists such as Paul Samuelson, Milton Freidman etc to some infamous economists, this topic received a lot of attention. However, it is this debate that makes the thinking about it evolve....   [tags: Economics]

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Natural Gas Prices Are Rising

- Natural Gas Prices Are Rising This paper is going to contain an analysis about articles pertaining to a current event related to the market in which my organization operates. According to the book Macroeconomics, by David Colander, economics is defined as the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society. This paper will also include an example of supply and demand related to this topic, and discuss the difference between movement along and shift of the demand curve....   [tags: Economics Natural Gas Energy]

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Political Economy

- The UK economy has undergone structural, financial, and political change over the last thirty years. Different ideologies and policies have served to shape the relationship between government and economy in varying directions. Some elements, such as state intervention, have remained as a point of debate. Other factors, like globalization, have just recently developed. The policy of UK governments as a whole has been shaped quite heavily by major economic events during this period, and the legacy left by the Conservative and Labour governments can still be seen today....   [tags: UK Economy, Politics]

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Personal Statement

- Law is a magnificent puppeteer which aims to control civilisations. The great philosopher Aristotle stated: 'Law should govern'. In view of that, the regulation of a society should be based on these set of rules established by an authority, which are designed to create economic, social and political stability. It is what maintains our societies and prevents an eruption of chaos and destruction. Law has an impact on everything we do, from creating a personal statement where copyright infringement laws take prevalence, deterring individuals from engaging in plagiarism, to criminal law which protects society from harmful individuals....   [tags: Personal Ambition]

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International Parity Conditions

- “Prices, Interest Rates, and Exchange Rates in Equilibrium” (International Parity Conditions) Table of Content Executive Summary………………………………………………………3 1. Introduction………………………………………………………….4 2. Literature Review……………………………………………………6 3. Findings and Analysis: ………………………………………………10 a. PPP………………………………………………..…………10 b. FE……………………………………………..……………..12 c. IFE…………………………………………..……………….14 4. Conclusion & Recommendations …………….……..………………16 Bibliography……………………………………………………………….17 Appendix A. Historical Data………………………………………………18 Table of Figures Figure 1....   [tags: essays research papers fc]

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Fiscal Policy Lags

- Fiscal Policy Lags Management of the National Economy In the United States there are only a few avenues available to the government for management of the economy. These opportunities fall under the broad headings of monetary and fiscal policy. Monetary policy is under the primary control of the Federal Reserve Board. Its tools include interest rates and the supply of money. Fiscal policy, on the other hand, is open to the purview of the legislative and executive branches of government. It refers to government policy using taxes and spending to influence the economy ....   [tags: Economics Economy]

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- Economics The study of economics is helpful in several ways . Some of these I will comment on . First of all , technology levels affect a societies economy , so by learning what products are produced and how they are produced , you can see how technologically advanced a society is . By examining where the produced goods are sent/used you can get a better idea of what type of government the society is run by . By studying an economy and seeing how the economy uses resources , you can learn what resources the society controls and which ones the society needs ....   [tags: essays research papers]

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Mathematical Ethics

- Mathematical Ethics Philosophers since antiquity have argued the merits of mathematics as a normative aid in ethical decision-making and of the mathematization of ethics a theoretical discipline. Recently, Anagnostopoulos, Annas, Broadie and Hutchinson have probed such issues said to be of interest to Aristotle. Despite their studies, the sense in which Aristotle either opposed or proposed a mathematical ethics in subject-matter and method remains unclear. This paper attempts to clarify the matter....   [tags: Math Philosophy Aristotle Papers]

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- Microeconomics This paper will attempt to examine microeconomic structures in relation to technological advances. The impact of increasingly available technology is a major economic force. Prior to 1975, for example, viewing a first run movie at home was technically possible but economically infeasible. Only the wealthy chose to view moves at home. VCR's became available in 1976, with a typical price tag of $2000.00 Even at such a high price, that invention slashed the price of home viewing. Today a VCR can be purchased for $200.00, a fraction of its' initial cost....   [tags: Papers]

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Pika's The Politics of Economic Policy and Maltese's The Partisan Political Economy

- The economics of America have always been a crucial part of the overall approval of the President. In this paper I will look at two pieces of literature, “The Politics of Economic Policy,” by Joseph Pika and John Maltese, and “The Partisan Political Economy,” by Larry Bartels and discuss the points that are made in both pieces and expand also on what I took away from the pieces. In Pika and Maltese’s chapter from their book that we read, they first discuss Macroeconomic policy. Macroeconomic policy is split into two types of policies, fiscal policy and monetary policy....   [tags: American economics, literature comparison]

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The Exchange Rate Regime of the UAE

- Introduction The significance of exchange rates within the economy of any society cannot be over emphasized since it is a relevant price concept of any nation. Alterations in exchange rates can lead to massive reallocations of raw materials, resources as well as production between the tradable and non-tradable sectors of the economy of any Country. But seldom is the concept of the exchange rate truly depicted for what it truly is: A relative price, which like any other economic entity is responsive to the laws of supply and demand....   [tags: monetary policy]

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Uk Economic Policy

- At present, UK monetary policy is founded on an inflation target and central bank independence. Critically assess the extent to which the theoretical and empirical work of macroeconomists has influenced this current monetary policy framework. Developments in macroeconomic policy are generally as a result of critical analysis over time and each of the Macroeconomists reviewed in this essay have provided this for their predecessors. In our current framework it is evident that the policies applied are all influenced, in part, by these economists....   [tags: Monetary Policy Economics]

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Partisanship and Electoral Incentives

- Tufte (1978) and Hibbs (1987) both argue that there are two principle political influences on macroeconomic policy: partisanship and electoral incentives. However, they differ with regard to the emphasis they place on each influence. While Tufte emphasizes the influence of electoral incentives, Hibbs argues in favor of the influence of partisanship. Franzese’s (2002) review of electoral and partisan influences on macroeconomic outcomes suggests that there is more empirical evidence supporting Hibbs’ assertion....   [tags: Politics]

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The State of Southeastern Conference and Seventh-day Adventist within the Church and Religious Group Industry

- The State of Southeastern Conference and Seventh-day Adventist within the Church and Religious Group Industry Industry Identification “About 270,000 religious congregations in the US have combined annual revenue of $80 billion. Slightly more than 50 percent of Americans belong to a religious congregation. In terms of membership, the largest faiths in the US are Catholic (about 25 percent of the population); Baptist (16 percent); Methodist (7 percent); Lutheran (5 percent); Presbyterian (3 percent); Pentecostal (2 percent); and Episcopalian (2 percent)....   [tags: Religious Industry Research]

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Determinants of Conditional Volatility of Fifty Stock Returns and KSE 100 Index

- This academic research examines the determinants of conditional volatility of fifty stock returns and KSE 100 index for the time period of August 1998 to December 2008 and the impact of macro-economic volatility on stock volatility. The macro-economic variables included in the analysis are market return, industrial production, interbank call money rate, term structure of interest rate, money supply, exchange rate and inflation rate. In order to specify the relationship of ex-ante economic factors with stock returns, the Rational Valuation Formula (RVF) is used, which sets the current price as a function of all expected dividends and expectation of discount rate....   [tags: Economics ]

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Macroeconic Impact On Business Operations

- Macroeconomic Impact on Business Operations The following analysis will be conducted on the Macroeconomic Impact on Business Operations. This analysis was conducted to observe the affects of monetary policy on macroeconomic factors that influence GDP, unemployment, inflation, and interest rates. It will also identify tools used by the Federal Reserves to control money supply, explain how these tools influence the money supply and macroeconomic factors, elucidate how money is created, and give a recommendation on monetary policy....   [tags: Economics Finance Monetary Policy]

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The Impact of the Remittances in Latin America

- Introduction In Latin America migration and remittances have become structural features in the economy, the society, and in the political environment; due to the underdevelopment and inequality of the region. Because they relative importance, trends in migration and the impact of remittances in population of Latin America are the main topics that we will analyze in this research focusing on reduction of poverty and inequality. This research will aim to answer the next: Do remittances finance development in the region....   [tags: remittance, poverty, latin america]

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Determinants of Carbon Dioxide Emissions in the Philippines

- ... Review of Related Literature Recent studies regarding economic development has woken up to a new chapter in the 20th century. Many researchers are now greatly interested in incorporating environmental factors when discussing growth, industrialisation, and trade for reasons that in the end, boils down to the wanting of environmentally sustainable economic growth. Numerous studies were already conducted all around the world to determine the effect of macroeconomic variables to carbon dioxide emissions....   [tags: regression analysis, global warming]

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Optimism in the Long Run

- The Wall Street Journal (2014) published an article on January 30th, 2014 discussing the macroeconomic factors that reflect a growing U.S. economy. Some of the key macroeconomic indices discussed include: 1. Gross Domestic Product (GDP) 2. Inflation 3. Trade Deficit. Within these macroeconomic indices lie several of the top ten general economic principles to include: 1. People respond to incentives 2. Trade can make everyone better off 3. A country’s standard of living depends on its ability to produce goods and services 4. Prices rise when the government prints too much money 5. Markets are usually a good way to organize economic activity U.S....   [tags: trade, economics, wall street journal]

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Expansionary Monetary Policy

- Expansionary Monetary Policy Expansionary fiscal policy, such as the Chancellor of the Exchequer deciding to reduce the standard rate of income tax leads to higher aggregate demand and an increase in equilibrium income and output. In this essay I will examine the factors that are important in determining the macroeconomic effects should such a policy be installed by Gordon Brown (Chancellor of the Exchequer), and I will comment on any suggestions I may have for Gordon Brown in the preparation of his next budget with a brief description on the assumptions that my advice is based....   [tags: essays papers]

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PMCN Case Study

- The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique for thinking, which helps the possessor to draw correct conclusions. The ideas of economists and politicians, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." (John Maynard Keynes, the General Theory of Employment, Interest and Money p 383) Critically assess the extent to which “the i...   [tags: PMCN Analysis]

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Difficulties of a Single Monetary Policy for a Large Number of Countries

- Difficulties of a Single Monetary Policy for a Large Number of Countries I. INTRODUCTION The European Economic and Monetary Union (EMU) and the common currency the euro, was originally promoted as a source for economic growth and as a mechanism to make European markets less fragmented. However, the recent eurozone crisis has shown the complexity surrounding the issue of a single monetary policy for a large number of countries. Recent economic developments in the eurozone have therefore put an emphasis on the question if it is feasible to conduct a monetary policy of “one size fits all." This essay analyses the viability of a single monetary policy conducted by the European Central Bank (ECB)...   [tags: European Union, Eurozone]

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The Impact of the Global Financial Crisis on Economic Growth

- Economic growth The impact of the Global Financial Crisis on economic growth As a result of the global recession, Australia’s GDP was forecasted to contract by 0.5% in 2009-10 in comparison to other advanced economies which were expected to contract by 3.75% in the same year. However minor the reductions in GDP, it was evident that Australia was not exempt from the global recession although is better placed and is expected to perform better than almost all other OECD economies. The global recession has also triggered a fall in household wealth and a disruption in consumer confidence with consumption forecasted to contract by 0.25% in 2009-10....   [tags: Economics]

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Trends in the Industry of IT and the Business Cycles

- The name information technology was used for the first time in 1958, in an article in Harvard Business Review and since that time this industry has seen only innovations throughout the history. Some problems that the industry is facing are the increase competition from the offshore and inshore players, the slow growth of the hardware sales, the decrease in the IT spending globally etc. But despite all the problems and challenges that the industry is facing, the opportunities are many. One of the most important ones is the increased number of the smart device users which is established as a very profitable segment for the information technology segment....   [tags: information technology, cloud computing, it]

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Impact of the Global Downturn on Unemployment in Australia

- Full employment involves the interpretation of the full employment of labour, where the economy is at the natural rate of unemployment which is caused by supply side factors rather than the lack of demand. This concept reflects the fact that although there is no cyclical unemployment, there will still be a certain level of frictional, seasonal, structural and hardcore unemployment in the economy. The Government will try to achieve the natural rate of unemployment through successful implementation of its macroeconomic policies and also microeconomic reform to reduce the natural rate of unemployment in the long term....   [tags: Economics, Unemployment Essays]

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The Medium Term Development Framework Plan Provision

- 4. Plan Provision The Medium Term Development Framework, MTDF 2005-10, proposes a paradigm shift based upon adaptation and diffusion of knowledge and technology applied across the entire spectrum of institutional excellence. In this context, the key issue of quality in all its various manifestations needs to be addressed if the basic building blocks of a just and prosperous society, or the ability of the state to provide an efficient and friendly system, are to be put in place. Technology is now an intrinsic part of the economic system and has become the major factor of production in leading economies....   [tags: Technology ]

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Foreign Trade and Investments with Indonesia

- POSITIVE IMPACT OF INTERNATIONAL TRADE, FOREIGN DIRECT INVESTMENT FOR INDONESIA I. INTRODUCTION Indonesia always received a large amount of FDI. This FDI came from several developed countries such as Japan, United States of America and the European Union. FDI inflow has confirmed the activity of trade between countries through development of export (export expansion). In addition , FDI can also replace trade by become import substitution, especially if FDI that brought in aims to develop the domestic market or as to avoid trade impediments such as tariffs....   [tags: economic, fdi, growth]

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The European Union - Dilemmas, Asymmetries and Equilibria of European Integration

- The European Union - Dilemmas, Asymmetries and Equilibria of European Integration The European Union has been vacillating between a Federation and a Common- wealth approach. An unpleasant situation has evolved, where all participants feel they are cheated: large States think their smaller partners wield disproportionate clout, small States fear their marginalisation. No system of checks-and-balances seems to exist e.g. in the field of Monetary Union. Moreover, no real solution has been proposed for the difference in development levels within the ever-closer Union and no credible equilibrium has been sought between the competitivity race on one hand and a «social profile» for the Union on t...   [tags: Essays Papers]

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Credibility of an Inflation-Targeting Regime

- Mishkins view (2011) before the recent crisis, inflation targeting was the standard framework for monetary policy with it being seen as highly successful in OECD countries, with low inflation and low variability of inflation. However the recent crisis not only crushed economic activity, creating the most severe world-wide economic contraction since the Great Depression, but it also seemed to destroy confidence in the ability of central bankers to effectively manage the economy. As a result central banks slashed their benchmark interest rates to what economists call ‘zero lower bound’....   [tags: Recent Crisis, Monetary Policy]

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Environmental Analysis Of Lockheed Martin

- Each company or organization belongs to a market industry that includes three components, the remote environment, the industry environment and the operating environment. These factors impact the decisions that organizations make in order to provide the best services and products while maintaining a high profit for the company. Lockheed Martin is a multinational aerospace manufacturer and advanced technology company, formed in 1995 by the merger of Lockheed Corporation with Martin Marietta (Lockheed Martin, 2008)....   [tags: Economics]

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The Willamette University Endowment

- The Willamette University Endowment has committed a total of $89 million across 13 different private equity funds. There is exposure to all broad styles, types and sizes of private equity funds from primary and secondary funds to direct private equity and fund-of-funds. Style Breakdown The breakdown by style of all capital committed by Willamette: seven buyout funds (54%), two mezzanine funds (16%), two venture funds (13%), a distressed debt fund (3%) and a Private REIT (14%). While there is a clear concentration on buyout funds, this private equity portfolio is diversified across all sizes and all four types of buyout funds....   [tags: Financial Analysis]

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Greece Euro Debt Crisis

- Greece is a country located in Southeast Europe with a population of 10.8 million people. The country is located at the crossroads of Europe, Western Asia, and Africa. Greece's main industries are shipping and tourism and its economy is the largest in the Balkans. In late 2009, the Eurozone began experiencing some economic difficulties. Many European countries suffered the aftermath of the United States’ financial crisis that lasted from 2007 through 2009. Although Greece is the member of the Eurozone that has been in the middle of this ongoing debt crisis since November 2009, Greece has been fighting to stay afloat long before all of this erupted....   [tags: Tax Evasion, Budget Deficit]

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Environmental Analysis of IKEA

- Environmental analysis is integral to understanding how the organization operates within the organization itself, with in the industry and within the macroeconomic environment. For this analysis the subject organization will be IKEA. “IKEA Group is one of the world’s largest privately owned companies, engaged in the retail of flat-packed home furniture and other house wares. Operating over 150 large-scale stores in over 30 countries, and with a mail order division, IKEA sells a range of furniture, which is made by over 2,000 suppliers in more than 55 countries....   [tags: Strategic Management]

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Structural Change and Australian Economy

- Structural Change and Australian Economy Structural change is the change in the pattern of production in an economy as certain products, processes of production and industries disappear and are replaced by others. The past century has seen the relative decline of agricultural and manufacturing industries, and the rise of services and new technology sectors. Structural change can be caused by a wide range of economic influences including changes in the pattern of consumer demand and technological change....   [tags: Papers]

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Stock Market Predictability

- I will now examine the effectiveness of the Book to Market ratio in predicting stock market returns. The Book to Market ratio is used to compare the book value and the market value of the firm. The book value is calculated by the firm’s accounting worth. The market value is determined by the market capitalization in the stock market. It is then found using the formula, Book Value of the firm / Market Value of the firm. Its purpose is to identify any securities that may be undervalued or overvalued....   [tags: Finance]

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International Monetary Systems

- The international monetary philosophy involves exchange rate consonance; capital flows and an assemblage of fixtures, ordinances, and covenant that dominate its use (Carney 2009). Internal fiscal policy structure coincides and is constitutive to the international system (Carney 2009). A well-functioning method boosts financial growth and success over the effectual allotment of assets, raise specialization in outputs set up on comparative advantage, and variation of risk (Carney 2009). In addition, it likewise promotes macroeconomic and monetary stability by accommodating unquestionable barter rates to change in trade and investment flows (Carney 2009)....   [tags: Economics,IMF, Foreign Policy]

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Notion of Derivatives

- In the 2002 Berkshire Hathaway annual report, Warren Buffett details how it is that both the discrete and macroeconomic risks of derivative instruments pose a serious threat to the greater financial stakeholder. However, Buffet admits that his firm does use large derivative transactions to facilitate the management of its equity transactions, citing the micro-transactional benefit that can be realized by a party that is able to shift its risks to the financial market. With such a distinction in mind, this paper intends on developing how it is that the risks of derivatives are used in the global financial system to offset discrete financial risks, while replacing them with compounding counter...   [tags: market, risks, firm, transaction]

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Best Buy's Competition

- ... Such advances have slowly closed the gap between products from well-known and less-known brands. This phenomenon has caused less product differentiation among competitors, leaving price as the major decision-making tool for customers (“Global Consumer Electronics”, 2013). This lack of exclusivity of brands has increased buyer power for the consumer electronics sub-industry (Exhibit J). With price sensitivity increasing, the need to cut costs and offer competitive prices has defined many sub-industries of the retail market....   [tags: advantages, online retail, disadvantages]

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The International Monetary Fund (IMF)

- The International Monetary Fund (IMF) International Monetary Fund (IMF), international economic organization whose purpose is to promote international monetary cooperation to facilitate the expansion of international trade. The IMF operates as a United Nations specialized agency and is a permanent forum for consideration of issues of international payments, in which member nations are encouraged to maintain an orderly pattern of exchange rates and to avoid restrictive exchange practices. The IMF was established along with the International Bank for Reconstruction and Development The IMF's Main Business: Macroeconomic and Financial Sector Policies In its oversight of member count...   [tags: International Economics Organizations essays]

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Aggregate Demand and Aggregate Supply

- Topic 12: Aggregate Demand and Aggregate Supply ----------------------------------------------- 1. Introduction 2. Three Key Facts about Economic Fluctuations 2.1 Fact 1: Economics Fluctuations are Irregular and Unpredictable 2.2 Fact 2: Most Macroeconomic Quantities Fluctuate Together 2.3 Fact 3: As Output Falls, Unemployment Rises 3. Explaining Short-Run Economic Fluctuations 3.1 How the Short Run Differs from the Long Run 3.2 The Basic Model of Economic Fluctuations 4. The Aggregate Demand Curve 4.1 Why the Aggregate Demand Curve Slopes Downwards 4.2 Why the Aggregate Demand Curve May Shift 5....   [tags: Economics]

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How Did the Two Failed 1992 Coup d’Etat Attempts Led By Hugo Chavez Help His Political Career?

- Plan of Investigation How did the two failed 1992 coup d’état attempts led by Hugo Chavez help his political career. This investigation will answer the question by analyzing two results of the failed coups; first, that the coups exposed the corruption, failures and weakness of President Perez and his government; second, that the coups presented an image to the Venezuelan people of a dynamic, charismatic and populist leader in the person of Chavez. The most important sources used will be contemporary press accounts, Chavez’s speech and reactions from ordinary Venezuelan people at the time....   [tags: Marco Perez Jimenez, government, Venezuela]

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The Decline in the Rate of Unemployment Is Due to Adverse Factors in the United States Economy

- ... While it may be argued that there is no common basis for comparison and hence this methodology of determining trend of unemployment rate is not valid or reliable, Izzo notes that the reports often move in tandem. The opposite directions they have taken are expected and hence validity and reliability is maintained. However, it is an economic general understanding that the definition of unemployed as ‘those actively looking for work at prevailing wage rate but cannot find one’ is rather broad and fluid....   [tags: fiscal and monetary policies, Keynesian policies]

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1364 words | (3.9 pages) | Preview

Why Tanzania should be chosen as the country to host the Captivating Captions call center

- In an effort to further the success of Captivating Captions, the company seeks to open a customer call center where wages for customer service representative is significantly lower than those paid to workers in the United States in geographic regions that we are doing business. Upon completing a situation analysis of the environmental factors that play a role in achieving such a business venture, The Republic of Tanzania was chosen as the country for a possible call center. Tanzania has been noted as being one of Africa’s “best countries in terms of GDP growth and attracting foreign direct investment”....   [tags: Global Business, Communications]

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1245 words | (3.6 pages) | Preview

Impact of the Economic Global Crisis: Current Situation and Prospects in the Philippines

- Impact of the Economic Global Crisis: Current Situation and Prospects in the Philippines Asia in general was not affected by the current global financial crisis (1). The source of the crisis did not come from the developing countries as seen in the 1990s during the Asian crisis. In 2008 - 2009, the developed world initiated the global financial crisis with the sub prime lending implosion; thus, affected the rest of the world. The Philippines in particular did not fall into a recession since the banks were not exposed to toxic assets as seen in the European banks and other developed world....   [tags: Economics ]

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1681 words | (4.8 pages) | Preview

The Asian Financial Crisis and Thailand: Catalyst for Change...or More of The Same?

- During the second half of the 20th century Thailand underwent a rapid transformation from an agrarian to export-driven industrialized economy while sustaining rapid economic growth. What took Europe almost a century, the East Asian tigers (Hong Kong, Singapore, South Korea, and Taiwan) and the newly industrializing economies (Indonesia, Malaysia, and Thailand) accomplished in a matter of decades, which led many to believe in an East Asian miracle. However, in 1997 Thailand became the first country swept into an economic crisis that spread throughout the region within months....   [tags: Economics]

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1641 words | (4.7 pages) | Preview

The Effect of Recent Financial Crisis and Regulatory Implications in Asia

- Abstract The essay is a critique about the effect of financial crisis in Asia and its implications on macroeconomic perspective. The first theme of financial crisis is about financial regulation and supervision. The main issues in this concept are related to impact of crisis in East Asia. The down turn in Asia was larger than expected in the history of Asia and this resulted to various implications on individual and institutional level. Another area of concern is the implication of the recent financial crisis in the banking sector and stock market....   [tags: Economics ]

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1192 words | (3.4 pages) | Preview

The Impacts of Devaluation on Export Performance: The Case of Ethiopia

- Agriculture plays a vital role in the Ethiopian economy, contributing 42 percent of Gross Domestic Product (GDP), 80 percent of the employment and 90 percent of total export earnings (Ministry of Finance and Economic Development %5BMoFED%5D 2011; Diao et al. 2010). In 2009 with an effort to remove the vicious socio-economic circle, the government of Federal Democratic Republic of Ethiopia (FDRE) developed a Growth and Transformation Plan (GTP) with a priority to export orientated agricultural development led industrialization (MoFED 2010 P....   [tags: Economics]

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1263 words | (3.6 pages) | Preview

A Methodological Critique of Foreign Direct Investment in Development Countries

- Many writers have tried to figure out if there is a direct link between Foreign direct investment (FDI) and economic growth of an economy in terms of Gross domestic product (GDP) but a reliable procedure hasn’t been found yet. Sharma (2008) tends to assume that if more investments take place in developing Countries then there will be an augmenting effect on the economy and likewise if there is little or no FDI then there will be a growth retarding effect. The first part of the paper tries to see what other authors have to say though we have limited articles regarding Foreign direct investment and economic growth if it has a positive or negative effect, the second part tries to see the metho...   [tags: Foreign Direct Investment, government,]

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994 words | (2.8 pages) | Preview

Slovenia: From state economy to the EU austerity measures

- The death of Josip Broz Tito in 1980, made some significant changes within Yugoslavia. As one of the constituent Republics of the Federal Republic of Yugoslavia, Slovenia was considered to be the most prosperous republic of Yugoslavia (ESI). But the election of Slobodan Milosevic as the President of Serbia and then later as the 3rd President of Yugoslavia; the rise of nationalism of the ethnic groups; and the economic turmoil within Yugoslavia shaped within the geography of the Balkans. Driven by those circumstances, Slovenians declared their independence from the Federation after its 10-day war in 1991 (ESI)....   [tags: Yugoslavia, History, Economy]

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Overview of the Recent Financial Crisis in the US

- 1. Introduction The financial crisis started in the USA because of subprime mortgage crisis in 2007. As a consequence of it, a credit crunch was originated and it quickly spread from the real state sector to other sectors, and furthermore, from USA to other countries. This caused a series of financial and economic crises like the collapse of housing markets in Europe, the global stock markets, global financial systems and markets, along with a lot of large banks and financial institutions, as (Sun, et al., 2011) explained....   [tags: mortgage crisis, real state sector]

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1475 words | (4.2 pages) | Preview

The IMF Disease Eating Away Our Daily Bread

- The IMF disease eating away our daily bread Pakistan’s economy has paid a huge price in partnering the war on terror with the USA. According to a recently released IMF report called “Pakistan Poverty Reduction Strategy Paper”, total losses, measured in terms of exports, foreign investment, industrial output and tax collection, are estimated to be around RS 2.08 trillion during the last five years period. The war on terror has outbalanced already stretched financial resources of the government as a consequence the development projects have been cut resulting in increase in poverty and unemployment....   [tags: Economics]

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934 words | (2.7 pages) | Preview

What Drives Public Opinion on the European Union?

- 1 Once upon a Time... As the European Union (EU) has changed from an economic entity to also a political one, so has the public opinion towards the EU. While support for the EU used to prevail among its citizens, Euroskepticism has spread across Europe nowadays. This change in public attitude became most apparent when the referendum on the Treaty establishing a Constitution for Europe failed in the Netherlands and in France in 2005. Many studies have been conducted to understand the attitude formation towards the EU....   [tags: European Union Essays]

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1759 words | (5 pages) | Preview

A Modern Division of Labor and Gender Norms

- Modern feminists might gasp if I assert patriarchy once allowed efficient economic organization, but the tools of modern political economy unveil the mystery of why inegalitarian gender norms were once economically efficient. Evolving modes of production and material constraints necessitate an efficient division of labor guided by socialized gender norms that adapt to economic macroconditions. Gary Becker and Torben Iversen understand an economic division of labor differently given their different historical-material conditions....   [tags: feminists, political economy, gender]

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1069 words | (3.1 pages) | Preview

The Economic and Legal Factors for XYZ Coroporation

- In anticipation of the upcoming Initial Public Offering (IPO) and the resulting transition of XYZ Construction, Inc. from a privately held corporation to a publicly owned and traded entity, the owners root desires an investigation into the essential economic and legal factor associated with this new status. Specifically, the research will analyze economic and legal factors as well as the employment and labor law issues that might influence the organization both domestically and internationally. XYZ management goals are to increase the organization’s profits through improved working conditions, salaries, and benefits (Business Financial Systems, 2009, p.409)....   [tags: management, labor, expansion]

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The Effect of Commodity Prices on Inflation

- The effect of commodity prices on inflation is considered in the following literature. Commodity prices are thought to be leading indicators of inflation for two reasons. The first is that in general commodity prices respond to economic shocks quicker than macroeconomic variables. The second is that commodity prices reflect global shocks such as floods, which may lead to agricultural price rises and therefore, leads to higher consumer prices, (Furlong, 1996). 2.1 Oil Prices on Inflation Fluctuations in oil prices are usually found to have an impact on macroeconomic variables....   [tags: economy, oil, food]

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1888 words | (5.4 pages) | Preview

The Global Financial Crisis on India

- Why do you think India remained relatively insulated from the financial crises. "The contagion is truly global in a globalized world. How can the high priests of globalization in India expect to insulate the country from this all-pervasive crisis?" - By S. Shivaraman It is not right to say that a country is insulated from financial crisis in today’s globalized world. In some way or the other there will be an effect of failed programme of one country on the other....   [tags: Economics ]

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2490 words | (7.1 pages) | Preview

Impacts of Devaluation on Export Performance

- Ethiopian is a low income country (World Bank [WB] 2012 ) where Agriculture plays a vital role in the economy contributing 42 percent of Gross Domestic Product (GDP), 80 percent of employment and 90 percent of total export earnings (Ministry of Finance and Economic Development [MoFED] 2011). In an effort to remove the vicious socio-economic circle, the Federal Democratic Republic of Ethiopia (FDRE) government developed a Growth and Transformation Plan (GTP) in 2009 with priority export orientated agricultural development to lead industrialization (MoFED 2010 P....   [tags: Economics]

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1406 words | (4 pages) | Preview

Political Ideology of the Conservative Party

- In his 1961, Richard Hornby claimed the Conservative Party was “the prisoner of no rigid set of principles” (Hornby, 1961). Rather, the Conservative party is “sceptical of theory and prefer a pragmatic approach” (Hornby, 1961), implying that “the conservatives [are] least influenced by any given ideology” (Knight, 2006, p34), and that the party “tends to be comfortable working within the assumptions already existing in society” (Ball, 1998, pp 162). This implies that the Conservative party should regarded as Ball states, a way of looking at the world” (Ball, 1998, p 162)....   [tags: British Govermental History, Economic Behavior]

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2148 words | (6.1 pages) | Preview

The Danger of Technology and Industrialization

- We as humans in the recent times have made the world almost inhabitable, posing the dangers to both ourselves and other inhabitants. This has been catalyzed by industrialization and technology. The fast growing inventions, innovations and the unhealthy industrial competition between countries has led to many global problems e.g. Global financial crisis, global warming. The 2007-09 world financial crises have been a persistent reminder of the many-sided nature of the disaster. It hit from small and large to poor and wealthy countries....   [tags: global warming, financial warming, inhabitable]

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754 words | (2.2 pages) | Preview

Microeconomy and an Architectural Case Study

- Summarative Report Purpose. The aim of this report is to act as a bridge between the micro economies essay findings, with the case study group work. Looking at the case study examined, it will act as a precedent in the continuing of the discussion of micro economies and also expanding on architecture specifically in urban decay and regeneration in context to the phenomenon of gentrification. Structure. As an introduction, a small explanation of how the case study visit occurred, methodology of work and outcomes as conclusions and findings were observed....   [tags: Gentrification, Urban Decay]

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1247 words | (3.6 pages) | Preview

The Impact of the Global Financial Crisis on Inflation

- The impact of the Global Financial Crisis on inflation After the onset of the global economic recession in 2008, inflationary pressures were relieved. Slower economic growth and incomes growth lessened the ability of businesses to increase consumer prices, while also decreasing demand for labour and materials trimmed down inflationary pressures on business costs. By 2009, both headline and underlying inflation fell to the lower end of the Reserve Bank’s inflation target band between 2-3% where the Treasury forecasted inflation (CPI) to be 1.5% in 2008-09....   [tags: Economics ]

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356 words | (1 pages) | Preview

What Caused The Financial Crisis?

- The roots of the financial crisis can be traced back to the property asset bubble in the US between 1997 and 2006. This asset bubble was enabled by a poorly regulated subprime mortgage industry and the assumption that property prices would continue to rise. The collapse of the property bubble and subsequent foreclosures led to many financial institutions suffering huge losses due to their exposure to the subprime market through a series of innovative and complex investment vehicles. While these investments carried extra risk, they also gave the opportunity for massive short term returns, and the move to these riskier and more complicated financial investments may have been facilitated by a ‘...   [tags: Economics]

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2254 words | (6.4 pages) | Preview

Currency: What is Exchange Rate?

- ... However, affected by the financial crisis, China's real economic growth slows down, and businesses are facing difficulties in corporate operations, and the domestic employment situation is even grimmer. Besides, there are findings that with the appreciation of the US dollar from the 1970s to 1990s, many industries were losing jobs. Therefore, studying the impact of the RMB exchange rate changes on employment has important practical significance. 1.2 Review of domestic and foreign researches 1.2.1 Review of theoretical studies A number of studies have attempted to measure the effects of exchange rate fluctuations on domestic employment adjustment at home and abroad....   [tags: U.S. dollar, international trade]

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692 words | (2 pages) | Preview

Banking Crisis and Financial Liberalization

- Over the last two decades many developing countries have liberalized their financial system with the aim of improvement in the financial development and economic growth. While many countries enjoyed economic growth, some of them experienced rapid credit growth and some experienced financial (banking) crises. As a result, some attribute banking crises mainly to financial liberalization ( Kaminsky & Reinhart, 1999), while others include other macroeconomic variables such as exchange rate regimes. A greater part of the empirical literature focused on the impact of financial liberalization and exchange rate regimes on the likelihood of banking crises, however the literature, to the best of my kn...   [tags: exchange rate regimes]

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3063 words | (8.8 pages) | Preview

Economics in Asia

- Since the mid 1960s, Pacific Asia has had a remarkable rate of economic growth. This growth has been sustainable and faster than all other regions of the world (see fig. 1). This region consists of twenty-three economies but it was just eight who caused most of this amazing growth. The eight were Hong Kong, the Republic of Korea, Singapore, Taiwan, China, (the “Four Tigers”) Japan and the newly industrialised economies (NIEs) of south-east Asia, Indonesia, Malaysia, and Thailand. The eight high performing Asian economies (HPAEs) mentioned here will be the focus of this essay....   [tags: Pacific Asia Economics]

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1124 words | (3.2 pages) | Preview

Thatcherism Economic Policies

- INTRODUCTION John Major as a successor to Margaret Thatcher was always going to find life difficult. He says himself he rejected any talk of his creating 'Majorism' as Margaret created 'Thatcherism', claiming instead that "The Conservative Party does not belong to any one individual" . His priorities (at least initially) as he saw them were clear; inflation, inflation, inflation. Further to that, he aimed to reduce unemployment, although not through artificial job creation, but by preserving a climate of low inflation in which growth would be encouraged....   [tags: essays research papers fc]

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3113 words | (8.9 pages) | Preview

Organisations and Environment

- Organisations and Environment The dimension of the external environment which interests me the most is the economic dimension. Economics can be described as the social science that deals with the production, allocation and distribution of scare resources in order to please the unlimited wants and needs that individuals boast. Economics is also research into aspects such as interest rates, inflation, gross national product and unemployment in order to predict the direction of the economy. There are different elements of the economic environment which have different importance....   [tags: Business Organizational Management Analysis]

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1801 words | (5.1 pages) | Preview

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