Sick! Yez it iz! :\

I iz suffering from sore eyes! Cool ayt? Now I cant even work properly on my system! Uuh imagine, trying to open your laptop just to work with ONE eye only. Nice noh? Vary vary vary nice. :(( Missed a lot of activities, quizzes and even exams because of this stupid sore eyes. Nice noh? nice kaayo! :( lagota lage. back to work!

DEFENSE next week :((

http://www.facebook.com/yUmiBooM
http://www.plurk.com/yUmi_rAwR

ADB (Asia Development Bank) tasked with reducing income gaps while retaining growth?

ADB (Asian Development Bank) in Mandaluyong City

The head of the Asian Development Bank said Saturday the bank faces a big challenge of reducing growing income gaps while maintaining its position as a major driver of global economic growth.

''How to make (the member states') economic growths much more inclusive, benefiting all the people and reducing the income inequality, while retaining high growths,'' is a big challenge for the ABD, said the bank's president, Haruhiko Kuroda, at a press conference at the end of its two-day annual meeting in Manila.

Kuroda said the issue was one of the major topics discussed by representatives of 67 countries at the meeting held at a time economies in the Asia-Pacific region managed to maintain its growth momentum amid weak global demand due to the 2008 financial crisis and the eurozone debt problems.

''Poverty, although declining, remains the region's number one challenge,'' Kuroda said, referring to a situation where the region's growth has often masked the fact that Asia is still home to a large number of poor and that the benefits of growth are not necessarily widely shared.

''We could further improve our operations so as to foster more inclusive growth in our developing member countries,'' Kuroda said.

The bank said in its latest report that while developing Asia has made great strides in raising living standards and reducing poverty, swelling income disparities threaten to undermine that success.

According to a simulation by the ADB, inequality increased from the early 1990s to the late 2010s in 11 countries in Asia despite its overall economic growth. If the worsening inequality had not happened, about 240 million more people, or 8 percent of the total population in the 11 countries, would have been saved from poverty, the simulation showed.

PS1 E111 Answers

ANSWERS:

1. decision making

2. scarcity

3. study of mankind

4. households and firms

5.  economics matter

6. Eric's trade off is about what is more important for him to do if he should spend his time

    looking for jobs in washington or just stay in the library and study his lessons.

7. it states that whenever you take the regulation to control the environment or control the

    polution in occuring cost and those cost might come in terms of lost jobs, minds being closed

    by using alternatives.

8. much higher

9. The company always sets an attendance records but even in good times most of the seats go on sold so the owners and producers created a TKTS which is a discount outlet where theatre goers can buy half price seats.

10. exceeds

11. Example is the increase of your allowance with a condition. Let's say if my mother will tell me that if I will get high grades this semester then she will increase my allowance but if not my allowance will stay the same.

12. Really, its true - trade can make everyone better off.  A mistake most people make is to look at a slice of time, or a slice of people and ignore the huge effects that trade creates over time.

13. A market is any place where the sellers of a particular good or service can meet with the buyers of that goods and service where there is a potential for a transaction to take place. The buyers must have something they can offer in exchange for there to be a potential transaction.

14. In USA we have sellers of shoes such as NIKE, SKETCHERS, DC and etc.

15 .A market economy is an economy in which decisions regarding investment, production anddistribution are based on supply and demand and the prices of goods and services are determined in a free price system.

16. Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of An Inquiry into the Nature and Causes of the Wealth Of Nations (1776), one of the most influential books ever written.

17. Suppose that consumers want more laptops than are currently available. As they fight for the ones that are available, they push the price up for laptops. The increase in price or reports from retailers of shortages is the signal for manufacturers to increase their supply.As you suggest, the price mechanism is the way the invisible hand works.

What it really costs when you lose your smartphone?

Apple's Iphone 4s (Released on October 11, 2011)

SAN FRANCISCO (MarketWatch) — Say you just lost your wallet with $40 cash in it. You’d feel bad, right? There’s the inconvenience of canceling cards, getting a new driver’s license, etc. But what if you lost your wallet with $900 in cash in it, plus your address book and your bank passwords? That’s what it’s like when you lose your smartphone.

Now that really hurts.

How much does it cost to lose a smartphone? One of our readers found out the hard way. Her iPhone was stolen while she was on public transit. She didn’t have phone insurance, her renter’s insurance didn’t cover the loss and she was told if she canceled her phone contract, she would be liable for a hefty early termination fee. In the end, she paid a small fortune and learned a big lesson.

Some 60 million smartphones and cell phones are lost, stolen or damaged each year, according to Asurion, a provider of cell-phone insurance.

Your total cost will depend on your carrier, what kind of device you have and whether you’re willing to settle for a reconditioned, used device or want a new smartphone.

If you lose your top-of-the-line iPhone, say, and want to replace it with the same device — and you aren’t eligible for an upgrade anytime soon — you could pay as much as $849 for the device alone.

If you lose your top-of-the-line iPhone, say, and want to replace it with the same device — and you aren’t eligible for an upgrade anytime soon — you could pay as much as $849 for the device alone.

Here’s a breakdown, based on the major carriers:

Sprint: If you have insurance through Sprint, you pay the deductible of $100 for smartphones and will receive a replacement phone – probably a used, refurbished phone, not a new one — without having to extend your contract. If you don’t have insurance, you can buy a used device or a new one, and you will not have to purchase a new contract. I found a certified pre-owned Blackberry Curve 3G for $79.99 on the Sprint website.

Insurance offered through Sprint includes a free application with a device locator, data backup and lock-and-wipe capabilities. Sprint’s policy is to not re-activate a phone that has been reported lost or stolen unless they are able to verify proper ownership.

Verizon: With insurance through Verizon, you can pay your deductible of up to $199 and get another smartphone — again, it won’t be a new phone — without having to sign a new contract. If you don’t have insurance and you want to stay under your current contract, you will have to buy a new or refurbished smartphone. Verizon sells refurbished phones for $300 to $500. The company offers a free back-up-assistant app that gives customers access to the contact information stored on their phone. If you have the company’s insurance, you’ll be able to locate your phone on a map, send a phone alarm, remotely lock your phone to secure your data or remotely wipe your contacts out. If you put your phone on the company’s “lost or stolen” list, Verizon won’t activate the phone if someone brings it into a store.

AT&T declined to answer specific questions and referred us to their website. AT&T, on its website, advises customers to report a lost or stolen phone and suspend their service, buy a new device and then reactivate service. Once suspended, your wireless service cannot be used to make or receive calls, forward calls, retrieve voicemail, or access data services. Suspending your wireless service does not release your wireless phone number, and you will be charged the monthly recurring fee while service is in a voluntary suspended status.

I hope this article reminds you on what it feels like when you lose your smartphone. Actually, there are a lot of tips in mind if your smartphone is missing. You can search for it. :)