What
are some current trends that might lead to increased productivity? Have you
experienced any technological change in your job that greatly affected your
productivity?
Improved technology, operating procedures, and even better management
techniques, can make the production process more efficient, inexpensive,
and thus raise productivity. Technology has enabled companies to use
cheaper outsourced labor in developing countries, to keep better track of
changing consumer desires and thus suit their inventories and products
better to consumer demand, has improved communication through the use of
the Internet, and allowed more competitive pricing for businesses and
consumers on comparative Internet sites.
Question 8:
When the economy is out of equilibrium, what kind of activities are firms,
consumers, and the government likely to change?
If prices are high, and consumers are not buying goods, inventory builds up
and firms drop their prices to get rid of stockpiled goods. If demand is
high because goods are cheap, eventually firms will not be able to produce
enough to meet demand, and prices will rise as the goods grow scarcer. The
government, to limit inflation will likely make it more attractive for
individuals to save by raising interest rates and curtail its spending,
while to encourage a recessionary economy to expand, it will encourage
consumers to spend and borrow by lowering the interest rate and increase
government spending.
Structural unemployment is due to changes in the structure of the economy,
like workers who once worked in offices as typists, but whose jobs are now
being done by computers. These workers require retraining, to become
productive members of society. Frictional unemployment is transitional
unemployment, such as workers transitioning from part-time employment
during their education to full-time employment. The government is unlikely
to be able to or need to address this problem. However, cyclical
unemployment is what we think of as real unemployment, or workers actively
looking for work who cannot find jobs, because of the recessionary state of
the economy.
Question 10:
Suppose that inflation is 25% per year. Would this economy be better,
worse, or the same as an economy where inflation is 5% per year? In both
cases, all prices (including wages) are subject to inflation.
Inflation is detrimental to the economy because wage increases tend not to
keep pace with prices. Thus, last year's salary will buy fewer goods than
it did the year before, and the economy with 25% inflation will be
substantially worse off than the economy with 5% inflation unless wages are
rising faster than prices (which would be favorable for consumers, but an
unlikely scenario).
Where Google relies on search terms to trigger the display of a given AdWords advertisement, it can be seen how Facebook wanted to create the equivalent advertising business model through the use of social networking and interactions triggering which ad was shown. The ethics however of tracking visits and activities on affiliate sites of current and previous Facebook members, in addition to monitoring those visitors who have never opted in to Facebook yet are being monitored
Obviously, some kind of intense action is taking place in the narrative along with music ("What struggle to escape?" "What pipes and timbrels?" "What wild ecstasy?"), perhaps some type of a festival or religious celebration or possibly a sexual orgy. The second scene (lines 11-30) begins with more music ("Ye soft pipes, play on") while some "fair" youths, perhaps blonde-haired like the original Greeks, sit beneath some trees. Line 22 indicates that the narrative is occurring in
Project Management Concepts Question 1; the Triple Constraint The term triple constraint refers to three interdependent factors which will act as constraints on the way projects are completed. The triple constraints, which may also be called the 'project triangle', will be found in all projects, they are the factors of time, cost, and scope. Successful projects are usually defined as those which are delivered at the right time, within the correct budget,
The evaluation of work performance of employees is a technical process which is comprehensively, systematically and continuously carried out by the immediate superiors. The evaluation is conducted to identify attitudes, job performance and behavior of the employee during the performance of their duties and functions. The evaluation is done at all levels of the organization starting from the top to bottom. One of the most common uses of the performance
The poem depicts a fantasy machine that could magically do a child's homework. The machine spews out an answer that the child narrator himself knows is wrong, mocking the idea that a machine can do a better job. Imagery in both "Wild Strawberries" and in "Homework Machine" is reflective of a child's imagination: the universal wish that homework would disappear; the tendency to take adult terms literally and therefore
This would significantly increase the response rate, but I would be sure the underlying aspects of the survey were correct first. Question 8: Define a hypothetical situation in which you would use an observation form in place of a questionnaire. Discuss the elements of this situation that would make it more practical for you to use the observation form. In the case of researching the development of an entirely new class of automobiles, where people often don't
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