Category: Economics 2707
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Return on Investment
Ergonomic programs targeting musculoskeletal disorders (MSDs) as the most common workplace injuries require time, as well as human and financial resources to succeed. The improvement initiatives are more likely to receive support if they involve cost justification. Ip et al. (2016) claim that the return on investment (ROI) is a vital part of an ergonomic…
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US Withdrawal from Trans-Pacific Partnership
Table of Contents Introduction Background Economic Analysis Conclusion References Introduction The Trans-Pacific Partnership (TPP) was central to President Obamas strategic pivot to Asia. The trade agreement was signed by twelve Pacific Rim countries, including the United States, which together covered almost 40 percent of the worlds economy. The TPP generated a great deal of controversy:…
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Market Failures and Governmental Interventions
Table of Contents Introduction Air Pollution as a Negative Externality Example Public Goods Allocation as the Example of Market Failure Conclusion Reference List Introduction The free market model based on voluntary exchange is assumed to be beneficial for all parties. However, markets are not perfect, and often they fail to meet social efficiency, and that…
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The Risks of Currency Exchange
Table of Contents The exchange rate The resulting value of selling Inflexible foreign currencies is fluctuating Multiple risks References The exchange rate The exchange rate between the U.S. and Japan might be defined as flexible rather than fixed since the values of the currencies change daily. According to the website of The Federal Reserve, on…
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The Change in UK Pension System
Introduction The UK pension scheme started as a non-contributory testing scheme which began in 1908 and established under the Old Age Pensions Act (Bozio 2010, p. 7). This system later developed into a contributory scheme and enforced under the Widows, Orphans and Old Age contributor pensions act of 1925 which majorly encompassed the lowly paid…
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Community Development Financial Institutions
Community Development Financial Institutions (CDFIs) are specific community-based financial institutions that aim at the promotion of the economic development of individuals by providing loans, services, and consultations to people and communities that are not able to get help from traditional financial intuitions because of the inability to meet strict demands. In such a way, CDFIs…
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Comparative Analysis of Net Income and Cash Flows
The purpose of this paper is to analyze the differences between cash flow and net income comparing two years of functioning of the company in 2008 and 2009. The first line of the table is an illustration of the fact that net income raised by 1.3 in 2009 about the previous year. The reasons and…
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The Transportation Regulatory Threat to the US Economy
Transportation is related closely to economic and social changes because territorial accessibility, mobility of freight as well as movement of people are the actual basis of such relationship (Rodrigue, Comtois & Slack, 2006, p.83). Wherever there are efficient transportation infrastructures to facilitate the accessibility of resources and markets and to ensure mobility needs, there is…
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Public Opinion on Federal Spending
The federal budget is considered to be among the most powerful policy instruments that are used by the government. It is funded by the taxpayers and serves as governmental economic storage from which tax money is spent on accomplishing constitutional goals. Such goals include various programs that are vital to peoples well-being, for example, national…
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Free Markets and Pyramid Schemes
Table of Contents Introduction Background Analysis Potentially Unequal Exchange Conclusion Reference List Introduction Different scholars have presented quality and practical ideas that can guide governments and investors to make evidence-based decisions and pursue their economic goals diligently. Milton Friedman argues that free markets are essential since they allow exchange to occur whereby the involved parties…