Financial Management report
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Transcript of Financial Management report
Financial Management
Armia P. Leonardo
AGGREGATE DEMAND AND SUPPLY
Effect of change in:
Production
Core of any
business or the
HEART of
any business.
Five big categoriesLabor
Capital
Land
Intermediate Inputs
Business know-how
labor֎ refers to the input supplied by the
various types of workers that enable the
business to function.
֎ it can be measured either by
The number of workers
Total number of hours worked.
land
actual
ground used by
the business.
Capital
Intermediates inputsrefers to any goods and
services purchased from other
business and used up in production.
examples
Business know-how includes all the
knowledge and
technology
necessary for
the production
process.
Business cycle
is a fluctuation in aggregate
economic output that last for several
years
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