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    image I looked at was a political cartoon by Steve Sack from The Minneapolis Star Tribune regarding the Flint water crisis. This cartoon depicts Governor Snyder on a rowboat next to some measuring spectrum and a buoy that is labeling “Flint water supply”. The characteristic of this image that stood out to me the most from the beginning was the lack of color. The two dominant colors in this cartoon are red and brown. The body of water that the governor is rowing on is varying shades of brown.…

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    Robert Nozick, an American philosopher born in the 1960s, explores the concept of distributive justice through a minimalist state in his work, Anarchy, State, and Utopia. A minimal state refers to a state that obtains the least amount of power possible without becoming an anarchy. Throughout Anarchy, State, and Utopia, Nozick argues that the minimal state is the only state that can be justified and will not violate people’s rights. By exploring various theories and principles such as the…

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    Atacama In Chile

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    This $1.1 billion project demonstrates the dedication of the move toward renewable energy sources in Chile. The main tower of the solar plant is over 200 meters tall and surrounded by 10,600 mirrors reflecting sunlight toward the solar receiving tower. Although this is not the biggest solar power plant in the world, it is the first in South America. Chile’s geographic…

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    Reading Two: Why the Fed Is Watching China Closely Quantitative Easing (QE) is an unusual form of monetary policy where a Central Bank –in this case, the Federal Reserve – electronically creates new money, increasing money supply to enable purchasing of financial assets, such as government bonds, government securities and other securities. (“What is quantitative easing?”, 2015) When short-term interest rates are near or approaching zero, this process is used to increase the private sectors’…

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    Wallace assume that markets clear, and by equating the money demand and supply, mtD =mtS, the interest rate can be determined as a function of prices and output, since pt + yt - Rt = η(yt-1 –y*) +t ----------------------------------------------- (2.16) Hence, Rt =1/ {η (yt-1 –y*) +t –pt – yt} ------------------------------- (2.17) Equating the aggregate demand and aggregate supply, ytS =ytD,…

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    Table: Quick Scan Audit Methodology SWOT analysis (Boehme, 2009): How the QSAM can support supply chain development: QSAM looks at whole organisation process which includes people, relationship and communications as well as measures, developments, products and data movements. In this way it is a catalyst for supply chain development by concentrating on the value, price, facilities and cycle period of the supply chain. It has achieved this by: • Recognizing the bottlenecks or difficulties •…

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    water in such way as to ensure that I will never find out what happens when a dry faucet breaks that basic assumption. After hearing the suppliers speak, I realized that they don’t take this assumption for granted, and when it comes to managing water supplies, they are…

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    Thames Water Case Study

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    raw sewage into London’s main river. The companies’ behaviors bring a set of moral issues and is a right/wrong conflict. The most important moral challenge in this case is that Thames Water made profit at the cost of environment and public health while its primary obligation is to protect public health. Thames Water is being investigated by regulator for its unacceptable failure to control water leakages with 180 liters a day leaking from every property the company supplies [1]. The company has…

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    Microeconomics deals with what individuals, families, and firms do; as well as why. It is a branch of economics in which studies the behavior of these individuals and firms in making decisions regarding the allocation of limited resources. One of its goals is to analyze market mechanisms and market failure. These market mechanisms include: market exchange, competitive markets, markets themselves, or labor markets. According to the textbook, Understanding Capitalism: Competition, Command, and…

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    author will depict current supply and demand, with imposed quota. Q uotas are comparable to tariffs; each raises prices and the reduces imports, but the loss of revenue for the government from tariffs is most likely different . Figure 3 depicts supply/demand with a quota. The quota is from 20 - 40 units, which means that domestic supply is from 0 - 10 un its and 40 - 70 units, making up the difference of the shifted supply curve. Figure 4…

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