debt. (10 marks) Note: You need to demonstrate a detailed knowledge of the construction and use of the 45degree diagram and any other economic analysis you use. You must make it clear that you have a complete understanding of the macroeconomic principles that underlie the model and concepts. Explain what assumptions you are making. Above all‚ explain the economics of what you are describing. It will be very difficult to obtain a passing mark for this assignment if you do not provide a complete explanation
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Tutorial 1 BME1014 Trimester 1 2013/2014 Q1 Briefly discuss each of the following economic ideas: People are rational. People respond to incentive. Optimal decisions are made at the margin. Q2 Indicate whether each of the following statements applies to microeconomics or macroeconomics issue. a) Proton plans to spend RM800 million on a new automobile plant. b) The nation’s economy grew at an annual rate of 3.7 percent in the final quarter of the year. c) The trade
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International Journal of Computer and Electrical Engineering‚ Vol.4‚ No.2‚ April 2012 Wireless Transmission of Electrical Power Overview of Recent Research & Development Sagolsem Kripachariya Singh‚ T. S. Hasarmani‚ and R. M. Holmukhe wireless transmission at 1891 in his “experimental station” at Colorado. Nikola Tesla successfully lighted a small incandescent lamp by means of a resonant circuit grounded on one end. A coil outside laboratory with the lower end connected to the ground
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History of Electricity Our knowledge of electricity has started from very humble beginnings when you look at where we are today. Electricity has been around for as long as humans have. When lightning strikes ancient people may not have understood what it was or why it happened‚ but they at the very least witnessed it happen. Nature acted as a sort of catalyst to spark the curiosity of early people. It was only until sometime between 624 BC and 546 BC where an understanding of electricity began to
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Generating Electricity Criteria A - Criteria B Farzad Siganporia 11-C Today in our modern society‚ us humans take a variety of things for granted. One particularly‚ goes unnoticed. One‚ which we cannot live without‚ and one which changed our lives forever. ELECTRICITY. Electricity exists in a metropolis city‚ to aircrafts in the air to every remote corner on our earth. During the 1800s‚ British scientist Michael Faraday discovered the fundamentals of generating electricity. His method‚ which is
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Electrostatic Field • An electrostatic field is a phenomenon that is very similar to a magnetic field. When an object is electrically charged‚ it creates an electrostatic field. If an object has an excess of electrons‚ then it’s considered to have a negative charge. If an object has fewer electrons than its surrounding environment‚ though‚ it’s considered to be positively charged. Just like with magnetic fields‚ two objects that are oppositely charged will attract each other. This scientific
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Windmill Electricity | | Mankind been harnessing the wind’s energy for many years. From Holland to traditional farms around the world‚ windmills were used in the past for pumping water through primative irrigation systems or used to grind grain. Then‚ the wind turned large "sails" which were connected by a long vertical shaft that was attached to a grindnig machine or to a wheel that turned and drew water from a well. Today’s turbines - can utilize the energy of the wind to turn large metal
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Electricity‚ being referred to as one of the primary agents of technological progress (Boylestad‚ 2002)‚ plays a vital role in securing the stability and mobility of the modern civilization in which many societies exist. Through simple observation‚ one can clearly say that electricity‚ indeed‚ lies through almost every aspect of human life in the present-day era‚ and that it has‚ in many levels‚ constantly revolutionized the way things are in the world as people know it. According to World Bank‚
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Electricity and Magnetism Electricity Circuit symbols Potential difference The energy which is delivered to an electric circuit comes from the supply. The greater the potential difference of the power supply the more energy is delivered. Potential difference is measured in volts‚ which has the unit symbol V. Cells in series The more chemical cells that are connected in series the greater the potential difference that they supply. The potential difference of a number of cells connected
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Electricity and Magnetism History Electromagnetism Originally electricity and magnetism were thought of as two separate forces. This view changed‚ however‚ with the publication of James Clerk Maxwell’s 1873Treatise on Electricity and Magnetism in which the interactions of positive and negative charges were shown to be regulated by one force. There are four main effects resulting from these interactions‚ all of which have been clearly demonstrated by experiments: 1. Electric charges attract
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