... input onthe main elements ofthe request A total of 56 responses were received by the deadline of 14 January (the non-confidential responses are available onthe ESMA website5) The feedback to the ... and the calculation ofthe value of assets under management by the AIFM on behalf of these AIFs It is the responsibility ofthe AIFM to establish whether it must obtain authorisation under the ... i.e the higher ofthe following amounts: - 50% of 0.75 % ofthe amount by which the value ofthe portfolios ofthe AIFM exceeds €250 million (i.e 0.375% of €1 billion – €250 million = 0.375% of...
... patterns in terms of gait speed and symmetry The training consisted of a 2-week treatment of sessions A visual biofeedback helped the subjects in maintaining a symmetrical contribution ofthe two legs ... controlateral to the brain hemisphere where the lesion occurs The ensuing hemiparesis foresees some degrees of motor recovery depending onthe severity ofthe lesion and onthe rehabilitative ... 2) The results ofthe postoperative gait evaluations were chosen for the gait categorization, being well representative ofthe walking ability of chronic stroke patients in a stable condition...
... and Pearson χ2 residuals were calculated to check the suitability ofthe designed model for the prediction Deviance residuals are basedonthe contribution ofthe observed responses to the log-likelihood ... results can provide profound information for knowledge -based forest management While recognizing the aforementioned limitations, the proposed system basedonthe quantification of qualitative forest ... pattern is in transition between the previous regions, the order of factors was similar to that for the Kysuce region The most important factors were the position towards the focus of biotic pest activity,...
... unlimited Output, onthe other hand, is limited by the state of Figure 1-1 PRINCIPLES OF ECONOMICS technology and the quantity and quality ofthe economy’s resources Thus, the production of each good ... representation ofthe relationship between two variables A production-possibility frontier depicts the unlimited wants of a society When there is full employment, the decision to produce more of one ... economy has the production-possibility frontier depicted in Figure 1-3? a What implication does the selection of point A or C have regarding the economy’s current and future production of consumer...
... elastic (on the average) between these two points The elasticity of demand is greater (1) the greater the number of good substitutes available, (2) the greater the proportion of income spent onthe ... happening to the opportunity cost of increasing food production from to million units? c Explain how the shape ofthe production-possibility frontier implies increasing costs for the production of clothing ... variables other than the price of corn are unchanged When one or more of these variables change, there is a change in demand and therefore a shift ofthe demand curve For example, the market...
... A consumption function is the relationship of consumption to disposable income, holding nonincome determinants of consumption constant Figure 4-1 plots the consumption function for a hypothetical ... downward shifts ofthe consumption function Shifts ofthe consumption function affect the level of consumption and saving The 45Њ line in Figure 4-1 is equidistant from both the consumption and disposable ... indexation protect one from the redistribution effect of inflation? Solution: a (1) Unanticipated inflation lowers the real income of those on a fixed income An increase in the price level reduces the...
... is the relationship ofthe cost of producing output and the money receipts of businesses when there are only consumer expenditures? What should happen to the level of output? Solution: a The money ... consumption is $50 for all levels of income Induced consumption is the amount of consumption that depends upon the receipt of income Consumption is $370 when disposable in- 44 PRINCIPLES OF ECONOMICS ... impact one person’s actions can have upon the economy The value ofthe multiplier (k) is found by relating the change in output (∆Y) to the initial change in aggregate spending The value of the...
... decision of holding money, liquid financial instruments, or illiquid financial instruments depends upon the time horizon ofthe saver, the return on these alternative instruments, and the willingness ... Operations True or False Questions Solved Problems Functions of Money Money serves as a medium of exchange, a measure of value, and a store of value As a medium of exchange, money is the payment ... than money Because the liabilities are liquid and therefore good stores of value, the Federal Reserve presents an M1, M2, and M3 definition of money The M1 definition is a transaction definition and...
... predictability of a money supply change has centered around the velocity of money (average circulation of a unit of money in the economy) and its variability When the demand for money and/or the investment ... has upon the rate of interest and the level of investment Monetarists contend that a change in the money supply has a highly predictable effect upon nominal GDP The disagreement about the predictability ... essential to the efficient operation ofthe economy? Solution: An economic system is judged efficient when it achieves maximum use of economic resources and maximum satisfaction of consumer wants...
... completely from international trade? Solution: a A rough measure ofthe degree of interdependence of a nation with the rest ofthe world is given by the value of its exports as a percentage of ... that will specifically benefit from the restrictions, oftentimes at the expense of other groups Balance of Payments The balance of payments is a yearly summary statement of a nation’s transactions ... in the production ofthe commodity with the lower opportunity cost; this is the commodity in which the nation has a comparative advantage The nation should trade part of its output with the other...
... all units of water consumed are identical we pay the same low price on all other units of water consumed Onthe other hand, we purchase so few diamonds that the MU ofthe last diamond purchased ... TU but onthe MU We consume so much water that the MU ofthe last unit of water consumed is very low Therefore, we are willing to pay only a very low price for the last unit of water consumed ... Solution: a If Px fall to $1, the consumer will no longer be in equilibrium by continuing to purchase 2X and 6Y because MU x of 12 utils MU y of utils > Px of $1 Py of $1 CHAPTER 11: Theory of Consumer...
... all profits in the long run, consumers get the good or service at P = lowest LAC Finally, since the price ofthe commodity measures the utility ofthe last unit ofthe commodity consumed, and this ... Discrimination Regulation of Monopoly True or False Questions Solved Problems Monopoly Defined Pure monopoly is the form of market organization in which there is a single seller of a commodity for which there ... best level of output for the monopolist is the output at which MR = MC Price is then read off the demand curve Depending onthe level of AC at this output, the monopolist can have profits, break...
... in the market? Solution: a The market supply of labor depends onthe population size, the proportion ofthe population in the labor force, and the state ofthe economy In general, the larger the ... population and the greater the participation rate ofthe population in the labor force, the greater the market supply of labor b The state ofthe economy (boom or recession) affects the market ... 17.1 a On what does the market supply of labor depend? b How does the state ofthe economy affect the market supply of labor? c What is the effect ofthe real-wage rate level onthe quantity of labor...
... was constructed Onthe first layer, the algorithm searched for the optimal value for the model constant The second layer ofthe routine fitted the parameters ofthe model at each selected constant ... while the model constants were estimated for the whole population, using a group of patients judged most suited for the determination of that constant We chose to fit the constants in the same ... ku,liver(di,j) is the hepatic uptake rate and Qss (d i , j ) is the concentration of particles in the subclass with average diameter di,j The meaning of subindices i and j relates to the position ofthe subclass...
... interpretation and finalization ofthe manuscript GRC participated in the organization ofthe studies and finalization ofthe manuscript JCC conceived and organized the studies, conducted EST data analysis, ... bi-directional and/or same direction resequencing of individual cDNA clones, one ofthe main issues encountered during the data curation process was the discovery of various types of naming errors ... for the regulation of ion homeostasis during salinity stress and other forms of environmental stress, not only at the plasma membrane and tonoplast, but also at the cytoplasm, and nucleus [65] The...
... constructed using the tilt-up method Because ofthe construction techniques used, the roof was not supported vertically by the exterior walls and the connection ofthe exterior walls (for horizontal loads) ... caused the roof slab to deflect up and down The change in elevation was about one inch at the extreme overhanging Temperature-Induced Deflections ends Fortunately the detail for the connection ofthe ... deflections of about one inch at the cantilever ends of roof slabs in a four-story building constructed of cast-in-place concrete The post-tensioned floors and roof were 80 feet by 80 feet in plan Only...
... about consumers' knowledge about various types of TVs and assess their opinion on factors affecting on Marketing mix for Bravia LCD TV Series ofthe Company; - The conclusions ofthe dissertation ... Marketing-mix for Bravia LCD TV of Sony Vietnam, the author ofthe dissertation conducted a surveyon opinions of 300 respondents who are customers of Sony Vietnam or visitors at Sony shop/agents by selective ... for their belief in the quality and reliability of products of a long-reputable brand The final factor to be surveyed is reasonable price Most ofthe respondents considered that price of Sony's...
... ESP is the last aim ofthe study The following research questions are raised to reach the aims ofthe study: What are the frequencies of occurrence of cohesive devices in the ESP textbook on Accounting? ... perception of understanding cohesive devices to reading exercises Part C: Conclusions This part consists of a summary ofthe findings, conclusion remarks, implications and suggestions for further ... interview and questionnaire analysis Significance ofthe study In term of theoretical significance the study tries to contribute to verifying the correctness and significance of linguistic theory through...