Posted by admin on Sep 12, 2022 in Economy | 0 comments
§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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Posted by admin on Aug 4, 2022 in Economy | 0 comments
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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Posted by admin on Jun 17, 2022 in Economy | 0 comments
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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Posted by admin on Feb 9, 2022 in Economy | 0 comments
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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Posted by admin on Jan 30, 2022 in Economy | 0 comments
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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Posted by admin on Dec 14, 2021 in Economy | 0 comments
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:
