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The steam cracking process entails the breaking down of saturated hydrocarbons into smaller and unsaturated hydrocarbons. In this process the hydrocarbon is usually diluted with steam and then heated in a furnace for a short period of time at 850 degrees centigrade temperature, the gas is then transferred to the heat exchanger unit to stop the reaction.
It should be noted, though, assuming the level of demand is normal, an overcharge by cartels is found to be accompanied by deadweight social losses which can amount to almost 50% of the overcharge (Connor). Given these results, the Commission should consider the in-depth effects of cartels on consumers and the economy as a whole.
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In the advent of globalization, where not only goods are exported, imported – traded – but ideologies and cultures as well, capitalism is spreading like wildfire. China, a communist country, for instance, is now increasingly banking on capitalist principles to spur its growth, through its “one China, two systems” policy.
The rise and fall of interest rates directly affect the prices of bonds in the market. There is an opposite relationship between the interest rates and the prices of bonds such that when the interest rates go down, the prices of bonds usually go up. On the other hand, when the interest rates go up, the prices of bonds usually go down. (RBC Asset Management, 2006)
A similar impact was felt in Asian economies especially in Japan and Singapore. In fact, Singapore was the first Asian country to witness the negative effects of the economic downturn. The crisis stalled most business activities and sectors and paralyzed the economy leading to job losses and bankruptcies.
The paper "Argentine Crises: A Model to Promote China’s Fiscal and Monetary Reform" is a wonderful example of a report on macro and microeconomics.As many economists put it, fiscal crises are blessings in disguise being situations by which strong economic policies may be initiated in order to promote stability and growth in a particular state.
A merger is said to take place when two companies of their own free will combine to form a larger company. There are three basic types of mergers: horizontal mergers, where two companies in the same line of business combine; vertical mergers, which combine a supplier and a user.
The paper "The Economics and Business of the Asia-Pacific Region" is a perfect example of a macro & microeconomics case study. With the industrial and business growth rates being experienced by the Chinese nation, it is very likely that they shall become the world’s largest economy within our lifetimes.
The paper "Distribution of Current Salaries" is a wonderful example of a Macro and Microeconomics Assignment. Here the bar chart represents the breakdown of respondents by their job category, we find that most of the respondents were at the clerical position, then at the managerial position and there were a few participants who were supervisors from the selected participants.
The paper "Economics of France and Germany" is a wonderful example of a report on macro and microeconomics. This paper is to evaluate and analyze the economy of Germany and France in the last three years. So it is better to introduce the paper and the study with the condition of the economies of these countries in 2005.
The paper "Advantages Over Discounted Cash Flow Analysis" is a great example of a report on macro and microeconomics. The real options valuation is termed as an improved decision making that goes into the project. This is not widely accepted in the recent past, because many project managers worried about the expensive software usage due to the esoteric black Scholes equations frequently used.
The paper "Exchange Rate Regimes in Bulgaria " is a wonderful example of a Macro and Microeconomics Case Study. Bulgaria is considered to be a small country with a lot of potentials for the new firms to enter and attain long-term growth, along with growing and somewhat stable economies. The country is located in the Balkan area.
The paper "Internet Banking Organizations" is a wonderful example of a report on macro and microeconomics. This report presents the issues faced by Internet banking organizations and the ways to deal with them. In addition, it would also include a marketing plan which would suggest how to best mitigate the existing deficiencies and market the financial products more effectively.
The paper "Price Elasticity of Demand" is a wonderful example of ana assignment on macro and microeconomics. Q.1 A. Price Elasticity of Demand: It is the measure of the degree of response of one variable to changes in another. Thus, the price elasticity of demand for a particular good is the relative degree of responsiveness of the quantity demanded to relative changes in its price.
The paper "The Market for Corporate Control" Is a perfect example of a Macro and Microeconomics Assignment. The market for corporate control is defined as a market where the pressure is existent on the managers of the companies to perform better and generate growth and profits for the shares of the public limited companies as they are bought and sold in the stock exchange.
The paper "Why Are Business Networks So Important in the Chinese Economy" is a perfect example of a macro & microeconomics case study. A network is a configuration of points that are linked and more often than not are related to each other (Dimara, et. al., 2003). These points and the means of the connection, which are abundant in terms of resources.
The paper "Business Economics" is a wonderful example of an assignment on macro and microeconomics. As the government becomes more empowered by spending more, the private sector seems to become less so. Gross private investment spending may decrease with an increasing rate of government spending more likely because “government spending displaces private-sector activity”.
As the interest rates in both countries were higher in 1996 than in 2006, the currency exchange rate was observed to be according to this difference in interest rates. Industrial production decreased in 1996-97 and there were some discrepancies in the exchange rate due to the same.
The paper 'Gas Prices Pre and Post the September 11 and its Effect on the US Economy" is a perfect example of a macro and microeconomics case study. Petrol, or commonly known as gasoline in North America, is a liquid mixture that is obtained from petroleum or can be considered as one of the main products obtained from refining crude oil.
The paper "Purchasing Power Parity as a Measure to Determine Exchange Rate" is a good example of a macro & microeconomics essay. The Theory of Purchasing Power Parity is used by economists as one way to determine the level of the exchange rate between and among countries. It states that exchange rates adjust as prices of goods and services between countries change until it reaches an equilibrium level.
The paper "Economics and Development" is a wonderful example of an assignment on macro and microeconomics.Taxation is one source of government revenue, there exist two types of taxes which are direct taxes and indirect taxes, direct taxes are those taxes that are imposed directly on products or even personal income tax.
Reconsideration of the aforementioned points by a builder is essential in order to discover errors. If large errors are discovered in the Bill which are ‘in proportion to the cost of the job then the Builder may decide to withdraw. He [sic] is not allowed to add the error to his tender even though this would still make him the lowest tenderer’ (‘Bill of Quantities’, Topic 6).
China has grown on the basis of its manufacturing industry, depending largely on exports of automobile and electronic components. In contrast, India’s growth is largely service-led, with software and business process outsourcing being the major sectors. Hence, both countries crucially depend on global growth for their rates of growth to be sustainable.
The Celtic Tiger has awakened because now that the people of Ireland have enough money to spend, there will be more stores opening up in Ireland to cater to the buying spree of the Irish wage and business earners. This will create more jobs. The standard of living of Ireland, as a result of the increase in money spending, has increased.
The decline in the prices and values of the property need not disturb the return on the investment. They are correcting the over appreciation of the housing industry due to the good growth showed by the American economy. The different schemes and programs introduced by the federal government to ensure shelter for the American people were used by authorities and that made them less competent entities.
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The financial implication of this exercise and the threat that the debt pyramid might topple has led to a new phase of economic marginalization of the developing world. In this scenario, an abstract East Asian `model' of development was utilized for the legitimating of structural adjustment policy prescriptions for indebted developing states.
The utilization of the rest of the world in repairing the financial health of the United States is going to be crucial. As an example, George Soros suggests that China will lose its communist held government by the capitalist crisis, but most other effects on the world will not have the desired result.
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The change percentage is higher in technical, and professional services; administrative and support services; rental, hiring, and real estate services; health and social assistance; and art and recreation services. There is significant growth in employment in these sectors as well as the materialization of a vibrant 24-hour inner-city economy.
According to the Marxist theory, the cause of οf crime is capitalism. The law and the criminal justice system are used to protect the interests οf the capitalist elite. In a capitalist system, the means οf production are owned by a small elite (bourgeoisie) and are used to control the working-class labourers (proletariat).
The paper shows that for getting the highest returns countries can maintain any two policies and this is termed as the “impossible trinity”. In case a country has a fixed exchange rate and a free capital flow, it cannot have an independent monetary policy. Argentina has followed this policy between 1991 and 2002.
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The investment climate of Kenya has been favored by many factors, for example, Kenya is one of the emerging markets, strategic location, Export Processing Zone Authority, abundant natural resources, highly qualified and developed and yet mobile human resource pool and relatively good physical and social infrastructure.
Poverty is the major cause of environmental degradation since the poor turn to overexploitation of the natural resources in order to satisfy their daily requirements. Multinational companies that are viewed by many governments as a solution towards economic development end up overexploiting the domestic resources in an unethical manner.
Research indicates that increased consumption of food, resources, and energy is a result of higher living standards and green growth (Hunt, 2013). However, the economy cannot be entirely green due to the fact that countries especially in the developing world face significant challenges in institutionalizing fundamental changes in consumption, technological advancement, and agriculture.
It is important to notice that in order to cut down on global warming and green gases emission, TfL should consider increasing charges for poorly maintained vehicles. These vehicles emit exhume large volumes of carbon dioxide and such as gases that greatly contribute to greenhouse gases effect (Tom, 2008).
Theorists of monetarism take the side that balance between the supply of money and the demand for money is enough to make a country’s economy well and sound. Monetarists strongly believe that changes in the quantity of money in circulation within an economy are the main determinant of the level of national income and that the central bank should be the one to control the supply of money.
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As discussed in Royal Bank of Scotland Plc v Cassa di Risparmio delle Provincie Lombard, UCP is not the statutory code and as such any deviations from the accepted principles under UCP must have the express consent of both the parties. This case therefore vividly portrays the role of UCP in governing the transactions.
United States economy review started in the 16th century. Before then, the American economy was weak but has managed to transform from a marginally successful economy to an industrial nation with a reputable economy in the global map. This transition was characterized by the development of complex institutions. At a time of low economic growth, Native Americans inhabited the Northern part.
If the industry experiences a decrease in its demand, then its price reduces & output is also reduced to a certain level. The level of profitability shrinks in the industry and causes unprofitable firms to leave the industry. The individual demand of the firm's increases which restores the price and output to come to their original level.
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The paper "Effects of Financial Globalization on Developing Countries" is a brilliant example of a literature review on macro and microeconomics. The term globalization broadly refers to the process by which countries become increasingly integrated globally over time. It is a phenomenon that is characterized by advancement in technology and increased the mobility of persons, capital, goods and even pollution across borders.
The paper "Investing In Southeast Asia" is a brilliant example of a term paper on macro and microenvironment. Southeast Asian countries are a favored destination for investment by multinational companies (MNCs). The region’s geographical proximity to Australia is an added attraction for Australian companies to think of it as the first choice for their foreign investment.
The paper "Recession, House Prices, and Trade Surplus" is a wonderful example of an assignment on macro and microeconomics. United States: PIMCO: Treasuries reflect the likelihood of a recession - Presently, the decline in United States treasury yields to a 60 year low which is characterized by failing monetary and fiscal policies.
Economic inequality manifests as greater income inequality whereby highly skilled workers earn more than low skilled workers. These manifestations have a negative influence on economic development (Organization for Economic Cooperation and Development 2005). One of the most important factors that prevent a downfall is economic equality
It is quite essential to state that the entrance in the international community of a series of organizations dedicated to helping poor women to survive, is quite an importance. It is necessary under these terms to create the appropriate framework in order for these organizations to operate without obstacles.
Surf skiing complements with warm weather. Often, they are used in warmers coastal regions such as Australia, California, Hawaii and South Africa. It is a popular water sports so that there are already national and international competitions such as the U.S Surfski Championship and the Molokai race in Hawaii. The increases awareness and enthusiasm for water sports make surf ski more interesting.
The realization that oil has generated international conflict caused damage to the environment and that its global reserves are fast depleting has caused nations to fast-track the development of renewable energy measures that promote the expansion of sustainable energy sources that are cleaner and as efficient as well.
The low current ratio signifies that the liquidity position of Canada Corporation Ltd is weak and it is not capable of meeting its short term obligations (Brigham & Houston, 2007, pp.103). Another commonly used liquidity ratio is the Quick ratio or Acid-test ratio which is computed by subtracting the Inventories.
UK can come up to the assumption that because of these drawbacks BRIC might not be a serious matter, but to put into account it should also be mentioned that investors from all around the globe are flowing towards the emerging economies. The new reforms shall help the UK on these terms, but again the internal business market may get affected.
The author states that this arrangement took place in different stages and gradually evolved, however, it collapsed during 1992 when Italy and England failed to keep their currencies at the level above the required minimum threshold level of the band. The ERM was developed as a managed float exchange rate system.
The Third World companies also benefited by gaining access to the end products whether these were bicycle tires or cocoa; there was also the benefit of foreign exchange flowing into the coffers of the Third World nations, some of which fell into the hands of corrupt officials, and thus would not have benefited the population at large.
The paper “The Globalization of Financial Markets - Pros and Cons" is a spectacular example of a term paper on macro & microeconomics. To understand the financial crisis that have become such a common occurrence in the past decades, it best to understand what caused these crises which started in Thailand, engulfed Malaysia, Indonesia, and South Korea.