help

§expenses

§Financing rate

·Compare both financing rates and the purchase price offered by dealers

oNegotiating the price

§Some dealers negotiate and some do not

§Sticker price is manufacturer’s suggested retail price (MSRP)

§Negotiating by phone or fax – may be beneficial

§Call several dealers

§Trade-in tactics

·Attempt to negotiate price of new car before mentioning that you have a trade-in

§Value of information

·Info is valuable so shop around

§Purchasing a car online

·Not as efficient as

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macro


1)Be able to identify the resources: labor, capital, natural resources, entrepreneurs
2)Know the difference between supply and demand and quantity supplied and quantity demanded. Remember that a change in quantity demanded and quantity supplied is only caused by a change in the price of the product sold, while a change in demand and supply are caused by the factors listed above.
3)Know the income and the substitution effects and how they affect demand.  
Know what shifts the supply and the demand
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Untitled 2

ch 1

accounting equation (ch 1):

the balance sheet shows the relationship between assets,liabilities,& stockholder’s equity @ a particular date.in equation form,assets = liabilities + stockholder’s equity.this is referred 2 as the basic accounting equation.

financial statements (ch 1) format/content (which accounts belong on each financial statement):

4 types of financial statements:

income statement:

summarizes all revenue & expenses 4 period (month,quarter,or year).if revenues exceed expenses,

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session 3. Futures

Futures and forwards (II)
The no-arbitrage principle. Consider a forward contract that obliges us to hand over an amount K at time T to receive the underlying asset. Today’s date is t and the price of the asset is currently S(t), this is the spot price, the amount for which we could get immediate delivery of the asset.
When we get to maturity, we will hand over the amount K and receive the asset, whose worth is S(T), and we cannot know this until time T.
Enter into the forward contract. This costs
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r

Brain storm: 1.Education in values. 2.Importance of education. 3.Educate through new technologies. 4.How education has changed

Outline: INTRO: we must strive every day to achieve a better society, and education is the key to changeP1: It is necessary to see education as a motivation to be more, instead of a motivation to have moreP2: four fundamental learnings of education.P3: training children for life in society. Conclussion: It is essential to be an inspiration to your students in every way.

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economics

GOVERNMENT POLICY
Government as a producer:
Essential goods and services 
Merit goods
Public goods
Control monopolies
*Government as an employer:
Unemployment rate=(number of unemployed%labour force)x100
Full enployement: situation were most people have a job but there are enough people out of work to prevent wages from starting to rise at an increasing rate
people are happier, but at the same time there must be unemployed so wages don’trise a lot 
Dealing with unemployment:
Temporary: publicise job vacancies
Seasonal:
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