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    BUM-A-RIDE’s business structure can essentially be divided into three basic disciplines: Supply, demand and evaluation. The supply function of BUM-A-RIDE is the business associated with acquiring the transportation, including fundraising, accounting, purchasing tickets and bus vouchers, and networking with transportation companies to find new forms of assistance available to our clients. The demand function is simply focused on finding those in need, encouraging them to take advantage of our…

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    Chlorine is added to drinking water, as a disinfectant, to get rid of harmful bacteria, which are usually present in areas from where the water is obtained. The controversy of this issue is that chlorination can work as an advantage or as a disadvantage to those consuming it. Chlorine is currently the most effective water treatment when compared with other alternatives. However, it also reacts with natural organic compounds present in the water to produce harmful chemicals that on a long-term…

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    Water Crisis Essay

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    solar energy and the benefit of solar power for the environment make it an ideal option for large scale energy production. The integration of enhanced solar panels and improved batteries strengthen the possibility of solar energy being one of the main sources of sustainable energy for future generations. The second crises that demands a solution is the water crisis. Only three percent of the water on Earth is freshwater, and only one percent of freshwater is accessible and usable (“Freshwater…

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    depends on the given level of unemployment thus the curve slopes downwards. The main reason that the curve is downward sloping is that there is ‘money illusion’; Cunningham (2012) demonstrated that “in short run wages are not renegotiated which means that there are some wage contracts which are not affected by the increase in the money supply and growth.” This therefore brings forward that when there is an increase in the supply of money, it will result in an increase in the inflation rate…

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    Skilled Labor Shortage

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    economy will generate demand for highly-educated works, which as a result can be addressed by creating more educational programs. Thus, the United States does not seem to be in peril of a workforce gap. The demand for skilled labor is being met by the supply, and this is projected through 2018. This is one of the reasons why Georgia has experienced a drop in attendance at technical colleges by 23%. Nevertheless, Georgia is still “pouring money into training” (Economist 2), spending 24 million…

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    money. In the economy, there are two main tools in the government and Federal Reserve Bank to help regulate the interest rates: fiscal and monetary policy. Both the fiscal and monetary policies have made an impact by help stimulating or slowing down the economy. the fiscal policy is the government regulates the economy by using its powers to tax and spending money. The monetary policy is the government manages the economy by controlling the money supply through regulation in interest…

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    Recently there has been a pervasive discussion about wage inequality, particularly raising the minimum wage. Many argue that fifteen dollars per hour or even the Presidents ten dollar ten cent minimum wage is too high with reasons such as small businesses will lose profit and close, people will have no incentive for higher education, and the overall elimination of jobs. Past arguments like these against minimum wage have been recycled since the passing of the Fair Labor Standards Act of 1938.…

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    1.1 MARKET ECONOMIES Key TermsCHAPTER 1 - THE ECONOMIC ENVIRONMENT Scarcity Market Economy capitalism profit competition Answer all questions in a complete paragraph with an opening sentence, 3 descriptive sentences and 1 closing sentence. What is the major difference between a command economy and a market economy? A command and market economy have many differences . A market economy allows the people to make all their own decisions, whereas a command economy forces the people to do what…

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    Africa. The Garip basin has been significantly modified to be utilized by irrigation on agricultural lands, urban and industrial demands, and for the use of people. This river basin supplies water demand of 40% of the South African population (Bohensky, 2006). In fact, Africa’s major cereal production relies on the water supply of this river.…

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    Excess Demand Scenarios

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    Now in the excess demand situation unlike excess supply, where they have less of the good than the price. Seller will raise the price to meet the demand. This is when the quantity demanded exceeds the price at they want to sell. In this situation, buyers will tend to pay more for a product to compete against others consumers the insufficient about of the product. Its like going to an auction and buying a rare drone. Until the price of a product is still below market equilibrium which is a…

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