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Economics

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Basketball

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Football?refers to a number of?sports?that involve, to varying degrees,kicking?a?ball?with the foot to score a?goal. The most popular of these sports worldwide is?association football, more commonly known as just "football" or "soccer". Unqualified, the word?football?applies to whichever form of football is the most popular in the regional context in which the word appears, including association football, as well as?American football,?Australian rules football,Canadian football,?Gaelic football,?rugby league,?rugby union[1]?and other related games. These variations of football are known as football codes.

Stock Market Outlook

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Stock Market Outlook Independent Research & Market Analysis Published Quarterly by the Investment Policy Committee 2011: Part ? Past performance is no guarantee of future results. 1 A risk of loss is involved with investing in stock markets. Phone: 800-568-5082 Copyright ? 2011 Fisher Investments. All rights reserved. Email: [email protected] Confidential. For personal use only. Website: www.fisherinvestments.com October 2011 2011 STOCK MARKET OUTLOOK, PART IV Executive Summary Q3 was marked by a steep correction in global stocks that pushed the MSCI World Index down -16.6% for the quarter. Though periods of heightened volatility are undeniably unsettling, recent market action seems characteristic of a correction, not the start of a new bear market. Moreover,

E2020

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Economics
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Combination of desire, ability, and willingness to buy a product Microeconomics examines how economic decisions and behaviors affect the supply and demand for goods and services, which in turn determines prices, which then dictate the supply and demand of goods and services Listing showing the quantity demanded at all possible prices that might prevail in the market at a given time Graph showing the quantity demanded at each and every possible price that might prevail in the market at a given time A rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship between price and quantity demanded The Law of Demand states that more of a product will be purchased at low prices than at high prices

Macroeconomics

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Macroeconomics (from Greek prefix "makros-" meaning "large" + "economics") is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes national, regional, and global economies.[1][2] With microeconomics, macroeconomics is one of the two most general fields in economics.

Some of the E2020 notes

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E2020

Deciding whether to do or use one additional unit of some resource *Thinking at the margin Service *work that is performed for someone The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. What kind of decision is this. *Not D All the possible alternatives that rejected when a choice is made *not opportunity cost. For the one about CLEAN AIR. *B Productivity? *A measure of the amount of output produced by a given amount of inputs What is the opportunity cost of a decision? *Not A Which of the following is an example of scarcity, rather than shortage? *not D ANOTHER TEST^^^^^^^ Which of the following does a government provide as part of a safety net for the people? *B.

E2020 Economics

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E2020

Any resources that are made by humans and used to create other goods and services are called: Capital. Which of the following lists would an economist consider land? Iron ore, Natural gas, Fertile Soil, Water. An example of a shortage is limited amounts of food available because the trucks carrying it are on strike. Land, Labor, and Capital. Factors of Production. The resources used to make all goods and services are the Factors of Production. Actions or activities that one person performs for another. Services. Physical objects that can be exchanged. Goods. Paid effort that people devote to a task. Labor. Temporary lack of one or more goods. Shortage.

Chapter 33

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Perfectly Competitive Labor Firms

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The Firm in PC Labor Markets Objective(s) 3. Students should be able to explain why a firm hires labor until MFC=MRPL and identify this point on a cost chart and the graph of a factor market. 5. Students should be able to graph the supply and demand of perfectly competitive labor firms and specifically recognize: that the demand curve is derived from MRPL. that the supply curve (MFC) is set by the market. that the intersection of MFC and MRPL represents the profit maximization quantity of labor. that certain variables can cause shifts in the supply and demand of labor firms. A review? How many graphs are needed to show changes to a PC firm that produces and sells its goods in a PC Market? 2! One for the market and one for the firm. The firm is a ?Price-Taker?.

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