Explain the following ten words, one word with three sentences. Don't use Wikipedia!!!
Six Sigma
Assurance
After-sale service
Customer relationship management
Downstream
Upstream
Job analysis
Service reliability
Electronic data interchange (EDI)
Design of experiments (DOE)
In: Economics
How does inflation stimulate the economy? What effect does inflation have on wages? Why is too much inflation bad?
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Is there a difference in the economic gains from trade when interpersonal exchange occurs within, compared to across, geo-political boundaries?
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SECTION B – CASE STUDY
Read the scenario below and answer the questions that follow:
South Africa has a negative trade balance with the East (Asia). The value of imports from the East is more than the value of the goods that South Africa exports to Asia. This means that the trade balance or terms of trade is not in favour of South Africa. This is not a uniquely South African phenomenon. Part of the reason for the trade war between the United States and China is due to the fact that terms of trade tend to be skewed in favour of China.
Source: Examiner
4BQuestion 1
1.1 Use an appropriate diagram to illustrate and explain the effect of the scenario above on the foreign exchange market. (8)
1.2 Discuss the three (3) policy options available to South Africa to mitigate against the outcome in 1.1. (6)
1.3 Briefly discuss the effect of the trade wars between China and the United States on the South African current account. (6)
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4. Go to the eText and pull out a thorough definition of consumer choice. What is this concept? How does utility tie in with this concept? Explain the income and substitution effects. Also explain how they relate to consumer choice.
In: Economics
Explain the difference between the two circuits, C-M-C and M-C-M.
In: Economics
how Data is the foremost character required for healthcare data analytics. Discuss the various data quality characteristics or dimensions that govern data quality.n
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Is it true that the Fed can offset the impact on output of a fiscal expansion using open market operations?
In: Economics
You believe that capital markets are semi-strongly efficient. McDonald's announces stronger than expected quarterly earnings. What is likely to happen to the share price? Is there a way to profit from the announcement? What if the strong earnings were expected, what would happen to the share price?
could you please explain in detail ?
In: Economics
In: Economics
Use PWs to calculate the benefit/cost ratio of i=5% for a highway project. The first cost is $150,000 and the O&M costs are $5000 per year. There is no salvage value after 20 years. Time savings to users are worth $35,000 per year, and neighborhood disruption is a disbenefit of $10,000 per year. Is this project attractive?
In: Economics
Define bank capital and key measures of bank profits and returns.
In: Economics
Consider the following Data: MPS = .2 Autonomous spending is 100 What is the consumption function?
In: Economics
The glossary assignment is divided into three parts and spread out throughout different units. The second covers terms from F to L. Please use your online research skills to define each term in one to three sentences and provide a brief example in your own words.
Write in your own words and a clear example. You will receive zero if you merely cut and paste a definition. Use the examples listed above to guide you regarding length and complexity.
Treat this as preparation for the unit test.
In: Economics