Growth refers to economic steady state increase year on year.
Whereas fluctuations refers to market variance and sees continous rise and fall in Economic perspective
Both these patterns arr important as they have spillover effects on world and are important in determination of forex rate, real GDP and GNI, inflation as well as minimum wages. They form an important link between microeconomics and macroeconomic and its effects.
5. What is the difference between "growth" and "fluctuations" and why is this important?
1. What is the difference between "nominal" and "real" national income? 2. Explain the "business cycle" and its relevance to macroeconomics 3. Explain the concept of "full employment". Does this mean there are no unemployed persons in the economy? Why? How does the "consumer price index" measure inflation and why is this important? What is the difference between "growth" and "fluctuations" and why is this important? 4.
1. Why is economic growth important? 2. Describe the difference between economic expansion and long-run economic growth. Page 7 3. Describe the difference between growth that occurs as a result of an increase in inputs and growth that occurs as a result of an increase in output per input. 4. How do the following institutions promote growth? o Property rights Competitive markets o Efficient financial institutions
What is the difference between "outsourcing" and "offshoring?" Why might this difference be important to managers?
What is the difference between correlation and identity? Why is it important to distinguish between the two concepts? Provide an example of a statement that confuses correlation with identity. What is the difference between correlation and identity? Why is it important to distinguish between the two concepts? Provide an example of a statement that confuses correlation with identity.
It may be important to compare top-line and bottom-line growth. What is the difference between top and bottom-line growth? What factors could lead to a difference in top- and bottom-line growth? Do companies have some flexibility in recognizing gains from sales of assets? Give an example of how that could affect growth. How could outsourcing impact growth in cash flow? Give an example of how outsourcing affected growth in cash flow.
What is the difference between sex and gender? Why is it important to understand this distinction?
What is the difference between monochronic and polychronic time systems? Why is it important for global managers to understand this difference?
Why is the study of financial management important? What is the difference between financial management and accounting? Please answer the questions in a complete paragraph. Make sure you respond to another student's post by day 7 Why is the study of financial management important? What is the difference between financial management and accounting? Please answer the questions in a complete paragraph. Make sure you respond to another student's post by day 7
What is the difference between social responsibility and managerial ethics? Why is this distinction important?
What is the difference between network monitoring and application performance monitoring? Why is it important to provide both?