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1. Draw the circular flow complete with all leakages and injections. Explain how the leakages get injected back into the economy.
2. Says law says? Do you agree or disagree with Jean? (Jean Baptiste Say) EXPLAIN. (hint...loanable funds market)
3. How are the production function graph and labor supply graph related in the classical model? Draw them together - either side by side or one over the other and EXPLAIN what the main points of this model tell us.
4. State two ways the labor supply curve shifts to the right. Explain how each way impacts the output, productivity, and standard of living in the economy? Include the formulas for productivity and standard of living in your answer.
5. Explain what an increase in capital and/or technology does to wages, equilibrium full employment, productivity, and standard of living. Show this shift in a production function graph and labor supply graph drawn together one above the other. (page 239 and 243 will be helpful)
6. When more people enter the workforce productivity goes ______(up or down.) Is this a good thing or not? Explain. (hint... population
Deliberate that you are the manager of a medium-sized organization selling luxury, handmade organic skincare products
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What differentiates a list of project requirements from a Work Breakdown Structure (WBS)? What is the importance of developing a WBS to manage a project? How does the WBS contribute to the success of a project?
Explain What is the cost of the price drop to existing shareholders as a fraction of the funds raised?
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How strongly or weakly a consumer is committed to a specific attitude relates to the level of involvement he or she has with the attitude object (Ao). Describe the strength of commitment involved in each of the following and give an example:·
Draw a strategy map and explain the cause-and-effect relationships among the strategic objectives you would expect to see in E-Appliances balanced scorecard.
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