Neoclassical theory Samenvattingen, Aantekeningen en Examens

What is Fiscal Policy? - changes in government taxes and spending that affect the level of GDP How does fiscal policy shift aggregate demand to the right? - 1. increases in government spending 2. decreases in taxes How does fiscal policy shift aggregate demand to the left? - 1. Decrease government spending 2. Increase taxes Expansionary polices - government polices that increase aggregate demand Contractionary polices - government polices that decrease aggregate demand When should the gov...

Migration Movement of people from one place to another Why does migration occur? -Better Healthcare -Flee violence or war -Famines -Better Education -Climate Change related problems e.g. drought and flooding. -Better Quality of Life -Better Services (healthcare) -Better Jobs (economic migrant) -Family Reunification -Retirement -Housing -Better Farmland -Extreme weather (natural hazards) -Poverty Top 5 Immigrant Host Countries 1. USA (48 million - 12 million Mexican) 2. German...

capitalist economy - In economist-speak, an entrepreneur acts as a coordinating agent in a ______. Entrepreneurship - is the process of discovering new ways of combining resources. entreprendre - The word "entrepreneur" originates from a thirteenth-century French verb, ______ , meaning "to do something" or "to undertake." entrepreneur - was being used to refer to someone who undertakes a business venture. must deal with a larger number of obstacles and fears than hourly or sa...

Ultimate List CMY3701 Marking Scheme 100% Correct AGGRAVATING CIRCUMSTANCES - Answer- are those circumstances that cause the offender to be punished more severely than they would normally be for a specific crime. For example, conviction for the rape of a child would warrant a more serious punishment than rape of an adult, because society views a child as more vulnerable and helpless (Hunter & Dantzker, 2002:3±32). CLASSICAL CRIMINOLOGY - Answer- as an approach to studying crime emphasise...

An Introduction to Business Ethics, 6e (DesJardins) Chapter 1 Why Study Ethics? 1) Which of the following statements is decisive in determining whether or not to study business ethics? A) Business managers don't need to study ethics in order to know how to treat employees, shareowners, and customers. B) Business and ethics simply don't mix. In the final analysis, self-interest, represented by profit, overrides the interests of employees, customers, and communities. Opinion and sentiment get...

Forced migration - ANSWER-Event caused evacuation (Japan Earthquake 2011) Asylum seeker/refugee - ANSWER-Fear of persecution from war or political climate Voluntary migration - ANSWER-Mostly movement for income and jobs Globalisation impact on migration - ANSWER-Social = internet/social media raises job opportunities and viable locations Political = Trade bloc (movement) and human rights (ayslum) Economic = global shift affected the flux of jobs and easier movement of money China urban m...

CFA Level 2: Econ Exam 115 Questions with Answers This econ topic regards the relationship between exchange rates and interest rates - CORRECT ANSWER ..... When is interbank FX market for most currency pairs typically most liquid? - CORRECT ANSWER 8am-11am New York Time ^because the London and New York (two largest FX trading centers) overlap during these times making it the most liquid during these hours. Arbitrage Constraints on Spot Exchange Rate Quotes - CORRECT ANSWER 1. the b...

Clinic Nurse Leader 245 Questions with Verified Answers Gap Analysis - CORRECT ANSWER Compares ACTUAL performance with POTENTIAL/desired performance Evaluates the strengths and weaknesses of the team in relation to required outcomes A good tool for analysis to gain better understanding of the team's functioning 3 phases of knowledge transfer when using EBP - CORRECT ANSWER 1. Knowledge creation and distillation (research and recommendations for clinical practice) 2. Diffusion...

If God is dead, Ivan Karamazov insists, everything is permitted An invention of the late 1800s: the light bulb The problem of normativity concerns the gap between is and ought Nietzsche wants science to become more playful Dostoevsky: the vision of the anointed inevitably leads to narcissism A two-level theory includes a deep level that ____ what happens at the surface level. determines and explains Doyle's vision is tragic in that Sherlock Holmes has to mak...

Anthropology 101: Chapter 11Social Organization - correct answer the people in a society considered as a system organized by a characteristic pattern of relationships Neoclassical Economic Theory - correct answer a formal attempt to explain the workings of capitalist enterprise, with particular attention to distribution Gift Exchanges - correct answer Noncapitalist forms of economic exchange that are deeply embedded in social relations and always require a return gift Reciprocity - corr...