Category: Economics 2707
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Aspects of Online Consumer Behavior
Abstract Over years, numerous researches have been conducted by various scholars in highlighting many aspects of online consumer behavior. In as much as immense progress has been made in this trivial field, most of the studies have been conducted from a general viewpoint and not specifically pinpointing the exact issues on the ground. As a…
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The Economic Concept of Balance of Payments
Introduction This paper discusses the economic concept of balance of payments and how it impacts the economy of a nation. Firstly, the term is explained through its various components and then the implications of a negative balance of payments are explained. Balance of Payments The balance of payments (BOP) is the method of recording the…
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Countrys Factors For Promoting Consumer Trust
Introduction, Purpose and significance of study Jimenez & San (2009) carried out a detailed study about The role of country-of-origin, ethnocentrism and animosity in promoting consumer trust: The moderating role of familiarity. The fundamental purpose of the study is to develop a multidisciplinary model that explains the aspects relating to a country of origin (COO).…
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Business Cycle Indicators: Coincident and Leading Indicators
Table of Contents Differentiating between Coincident and Leading Indicators Importance of Business Cycle Indicators Examples of Leading Indicators Reference List Differentiating between Coincident and Leading Indicators Coincident indicators are economic factors that show direct, concurrent variations to the prevailing economic trends. These variations occur simultaneously and provide important information regarding the economic status of a…
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Bernard Madoff Stock Market Scam
Table of Contents Introduction The beginning The Ponzi scheme Unethical aspect A lesson for everybody Conclusion Works Cited Introduction The stock market is characterized by a lot of problems. These problems range from the fraudulent activities of the players in this sector to the running of other fraudulent financial schemes under the cover of stock…
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The Effect of Income Changes on Consumer Choices
The increases or decreases in the customers incomes always lead to budget shifts, which will imply the new purchasing behavior pattern. Many factors can influence the customers purchasing choices and adopt a new understanding of this process by the business holders and the whole market. The purchasing behavior strongly depends on the economic situation in…
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Increased Government Spending: The AD-AS Model
Executive summary Government spending is a significant determinant of economic development. It greatly affects the direction and speed of the economic development of the country. The main source of funds for the expenditure is taxes. Government spending ensures the provision of essential services while addressing gaps in the market, the provision of essential infrastructure, and…
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Working in Public Sector vs Private Sector: Essay Sample
Table of Contents Working in Public Sector vs Private Sector: Essay Introduction Private Sector vs Public Sector Employment: Comparison & Examples Working in Public Sector vs Private Sector: Essay Conclusion References Working in Public Sector vs Private Sector: Essay Introduction After completing their education and gaining various skills, people always aspire to get employed and…
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Tires Import: Effects on Us Domestic Tire Producers
Introduction China, a middle Asia country, had dominated the American tire market until year 2009 when an agreement was ratified to surge the inflow of the tires in the market. The two countries had a bilateral agreement. The situation was that the Chinese tires could be imported into American market with a rate of import…
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Stagnation Effect on the Economy: Historical Examples
Table of Contents Introduction Employers Input and Wage Stagnation Effect on Inflation Wage Stagnation as Economic Phenomenon References Introduction Poor wage growth has been observed over the last few years even for those employees who have an advanced or bachelors degree. Real hourly wages have decreased drastically in 2013-2014 for works across many spectrums with…