Lecture 4 2x2)- Demography and Callender

Lecture 4 2x2)- Demography and Callender - B956...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: B956 ?ED<9>5 %53DEB5 5=?7B1@8I 1>4 1<<5>45B (' U<F1B? %1 )1BB1 )VB5J -& +?=5 @B5<9=9>1BI 3?>35@DC ,85 &1<D8EC91> =?45< ,85 5=?7B1@893 DB1>C9D9?> 5>5B1< ,B5>4C F?<ED9?> ?6 BE45 9BD8 *1D5C F?<ED9?> ?6 BE45 51D8 *1D5C F?<ED9?> ?6 &97B1D9?> B1D5C 5=?7B1@8I 9> =5B931 #E<I 1<<5>45B U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 +?=5 @B5<9=9>1BI 3?>35@DC 45=?7B1@893 B1D5C ,8?=1C *?25BD &1<D8EC /5 EC5 B1D5C B1D85B D81> <5F5<C ?6 7B?GD8 C? D81D G5 31> 133EB1D5<I 3?=@1B5 @?@E<1D9?> =?F5=5>DC ?F5B D9=5 BE45 BE45 9BD8 *1D5 51D8 *1D5 * * *'" "==97B1D9?> ! ! ! *1D5 ?6 '1DEB1< ">3B51C5 "==97B1D9?> *1D5 "* * * ,?D1< )?@E<1D9?> B?GD8 *1D5 ,) *'" "* # ! ! -& ! 3?> & % # U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J %53DEB5 &1<D8EC91> &?45< &1<D8EC 1CCE=54 D81D @?@E<1D9?>C G?E<4 1<G1IC 7B?G 79F5> 5>?E78 B5C?EB35C C @?@E<1D9?>C 7B?G 8?G5F5B D85I @B5CC ?> B5C?EB35C 1>4 @B?4E3D9F9DI 61<<C ,89C 9C :ECD D85 <1>4 <12?B B1D9? <?793 C D85 <1>4 <12?B B1D9? 61<<C <12?B @B?4E3D9F9DI 453B51C5C 1>4 C? 4?5C 9>3?=5 @5B 31@9D1 )?@E<1D9?>C 253?=5 =?B5 CE2:53D D? 49C51C5 1>4 D85 6?EB 8?BC5=5> ?6 D85 1@?31<I@C5 /1B 1=9>5 )5CD9<5>35 1>4 9C51C5 =?BD1<9DI 3B9C9C B5CE<DC 451D8 B1D5C 9>3B51C5 C81B@<I @?@E<1D9?> 61<<C 1>4 D85 3I3<5 CD1BDC ?F5B 1719> )B5 =?45B> @?@E<1D9?>C 1@@51B D? 81F5 255> CE2:53D D? =1<D8EC91> @B5CCEB5C G8938 9C G8I @?@E<1D9?> 7B?GD8 G1C C? C<?G ?F5B D85 F5BI <?>7 BE> U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 B1@8931< B5@B5C5>D1D9?> ?6 D85 &1<D8EC91> &?45< U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 7B1@8931< 5H@<1>1D9?> ?6 D85 &1<D8EC91> &?45< ,85 45=?7B1@893 DB1>C9D9?> ,85 KBCD 7B1@8 B5@B5C5>DC D85 @?C9D9F5 >571D9F5 B5<1D9?>C89@ 25DG55> 9>3?=5 @5B 31@9D1 1>4 29BD8B1D5C 451D8B1D5C ,85 C53?>4 7B1@8 C8?GC 8?G D85 <5F5< ?6 @?@E<1D9?> 45D5B=9>5C 9>3?=5 @5B 31@9D1 >?D5 D81D D85 7B1@8 9C >?D B5@B5C5>D54 9> D85 3?>F5>D9?>1< G1I 2531EC5 D85 F1B912<5 9> D85 F5BD931< 1H9C 9C 45D5B=9>9>7 D85 F1B912<5 9> D85 8?B9J?>D1< 1H9C ,? @ED D85 =?45< 1D @<1I 9=179>5 1> 1B29DB1BI <5F5< ?6 @?@E<1D9?> 1>4 C55 G81DMC D85 B5CE<D9>7 9>3?=5 @5B 31@9D1 2I EC9>7 D85 C53?>4 7B1@8 1>4 D85 5F?<ED9?> ?6 @?@E<1D9?> D81D 9D 9=@<95C 2I EC9>7 D85 KBCD 7B1@8 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 ,85 45=?7B1@893 DB1>C9D9?> +?=5D9=5 9> D85 ?B 35>DEBI 1 65G C?395D95C B9D19> 1>4 9DC =5B931> 3?<?>95C 1=?>7 D85= 2571> 1 DB1>C9D9?> D? 1 >5G 45=?7B1@893 B579=5 "D 2571> G9D8 61<<9>7 =?BD1<9DI /85> =?BD1<9DI 61<<C 1>4 65BD9<9DI 4?5C >?D @?@E<1D9?>C 7B?G ED D89C D9=5 7B?G9>7 @?@E<1D9?>C 494 >?D B5CE<D 9> 453<9>9>7 9>3?=5C "> D85 ->9D54 +D1D5C 1335CC D? <1>4 1>4 D85 =?F5=5>D ?6 D85 @?@E<1D9?> 9>D? =?B5 @B?4E3D9F5 <1>4 B5CE<D54 9> 7B?G9>7 @?@E<1D9?> 1>4 B9C9>7 9>3?=5C C G5 49C3ECC54 9> D85 KBCD <53DEB5 D85B5 9C C?=5 4?E2D 12?ED D85 @1DD5B> ?6 9>3?=5 7B?GD8 9> D85 35>DEBI 2ED 16D5B =51CEB54 7B?GD8 9> @5B 31@9D1 9>3?=5 9C 1<G1IC @?C9D9F5 5=?7B1@8I 9> =5B931 (6 D85 G8? <56D 6?B .9B79>91 9> 535=25B ?><I G5B5 1<9F5 9> D85 61<< ?6 >4 ?6 D85 1<9F5 9> D85 61<< ?6 ?><I B5=19>54 9> #E>5 ?6 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 5=?7B1@893 DB5>4C 9> =5B931 5=?7B1@893 DB5>4C 9> =5B931 /9D8 451D8 B1D5C 1D 12?ED 25DG55> 453B51C5 9> * *'" G5>D 6B?= 9> *) G5>D 6B?= D? 1>4 D? 1>4 D85 9> 2ED CD1I54 12?ED D85 C1=5 13DE1<<I &97B1D9?>C CE2CD9DED54 6?B D85 453B51C5 9> >5G2?B>C "* @1CC54 6B?= D? U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 F?<ED9?> ?6 9BD8B1D5C F?<ED9?> ?6 * /8I 494 65BD9<9DI 61<< BE45 FC ,BE5 5BD9<9DI 49CD9>3D9?> *51C?>C -B21> *EB1< 75 +DBE3DEB5 B?>D95B S53D ">3?=5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 F?<ED9?> 9> * -B21> FC *EB1< F?<ED9?> 9> * 75 CDBE3DEB5 F19<129<9DI ?6 <1>4 =19> C?EB35 ?6 G51<D8 9> 5978D55>D8 1>4 >9>5D55>D8 35>DEBI =5B931 389<4B5> 1C >?B=1< 7??4C !9785B ?@@?BDE>9DI 3?CD ?6 81F9>7 389<4B5> 9> 39D95C 2531EC5 G?=5> 814 =?B5 :?2 ?@@?BDE>9D95C *5C945>D91< 3B?G49>7 49C3?EB1754 <1B75 61=9<95C *5CE<D 6B?>D95B 5S53D 5BD9<9DI G1C 89785B G85B5F5B D85 G5CDG1B4 6B?>D95B G1C U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 F?<ED9?> 9> * ,85 B?>D95B S53D F?<ED9?> 9> * ,85 B?>D95B S53D !?G 494 D85 B?>D95B S53D G?B; +5F5B1< 613D?BC 3?>DB92ED54 D? 89785B 29BD8 B1D5C 9> D85 6B?>D95B %1>4 G1C 12E>41>D 1>4 B5AE9B54 1 <?D ?6 <12?B D? 3<51B 9D !978 45=1>4 ?6 <12?B B5L53D54 ?> 89785B G175C 1>4 9>35>D9F5 D? 9>3B51C5 D85 >E=25B ?6 C?>C ,85 25AE5CD =?45< ,G? 49S5B5>D F5BC9?>C 1B=5BC G5B5 9>D5B5CD54 9> 79F9>7 D? D859B C92<9>7C 1D <51CD 1C =E38 G51<D8 1C D85I 814 9>85B9D54 89785B 65BD9<9DI ?6 <1>4 9> D85 G5CD 9=@<95C =?B5 G51<D8 1>4 D85B56?B5 1<<?GC 6?B 7B51D5B 29BD8B1D5 D81> 9> D85 1CD ">85B9D1>35 9C EC54 1C 9>35>D9F5 6?B 389<4B5> D? 31B5 6?B D859B @1B5>DC G85> D85I 1B5 ?<4 ,89C =?D9F5 G51;5>C G85> :?2 1<D5B>1D9F5C 389<4B5>MC 6?B57?>5 ?@@?BDE>9D95C G85> B5=19>9>7 9> D85 61B= 9>3B51C5C /89<5 D85 25AE5CD =?D9F5 5H@<19>C D85 49S5B5>35 25DG55> C5DD<54 1>4 6B?>D95B 1B51C 9D 9C >?D 3<51B D81D 9D 5H@<19>C D85 CECD19>54 453<9>5 9> 65BD9<9DI G9D89> C5DD<54 1B51C "=179>5 D81D 65BD9<9DI B1D5C 1B5 9> D85 6B?>D95B 1>4 9> D85 1CD ?> D85 +1I D81D ?6 D85 @?@E<1D9?> <9F54 9> D85 51CD 1>4 6B?>D95B 89<4B5> @5B G?=5> '?G 1CCE=5 D81D D85 6B?>D95B 61<<C D? ?6 D85 @?@E<1D9?> +? 9> ?EB 8I@?D85D931< 5H1=@<5 1 C896D ?6 @5B35>D ?6 D85 @?@E<1D9?> 6B?= D85 8978 D? <?G 65BD9<9DI @1BDC ?6 D85 3?E>DBI 3?E<4 5H@<19> 1 453B51C5 ?6 29BD8C 6?B G?=5> U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 F?<ED9?> 9> * ,85 B?>D95B S53D 51D8 B1D5C '?G 1CCE=5 D81D D85 @?@E<1D9?> G5978DC CD1I54 D85 C1=5 2ED 65BD9<9DI 4B?@@54 9> 5138 B579?> B?= D? ,85 453<9>5 9> DBE5 65BD9<9DI G1C 1 =E38 =?B5 9=@?BD1>D C?EB35 ?6 D85 453<9>5 9> 65BD9<9DI D81> D85 C896D 9> 3?=@?C9D9?> 1G1I 6B?= D85 6B?>D95B ?B D?G1B4C EB21> 1B51C ?B 9> D85 175 CDBE3DEB5 ?6 D85 @?@E<1D9?> ,85 297 49S5B5>35 25DG55> D85 45=?7B1@8I ?6 D85 51B<I 1>4 D?41I 9C D85 =E38 <?G5B B1D5 ?6 9>61>D =?BD1<9DI 35>DEBI (F5B1<< 451D8 B1D5C CD1I54 =?B5 ?B <5CC 3?>CD1>D ,G? ?@@?C9D5 6?B35C G5B5 1D G?B; ">3?=5 B9C9>7 @EC85C * 4?G> -B21>9J1D9?> B9C9>7 @EC85C * E@ @945=9?<?79CD ,8?=1C &3 $5?G> 1B7E5C D81D =?BD1<9DI B1D5C 453B51C54 D81>;C D? 9>3B51C5C 9> D85 AE1>D9DI ?6 6??4 B1D85B D81> DB?E78 =54931< 14F1>35C U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 &97B1D9?> B1D5C &97B1D9?> B1D5C 19>C 6B?= &97B1D9?> ,85B5 1B5 DG? 9CCE5C 12?ED =97B1D9?> (>5 9C 9>D5B>1D9?>1< =97B1D9?> 1>4 D85 ?D85B 9C 9>D5B>1< =97B1D9?> ?D8 G5B5 9=@?BD1>D 9> 51B<I 35>DEBI =5B931 19>C # ?CD CE= ?F5B >?G E>D9< 451D8 1D =?=5>D ' ,89C 9C D85 >5D @B5C5>D F1<E5 ?6 =97B1D9>7 G85B5 1<< D85 25>5KDC ?33EB 9> D85 6EDEB5 1>4 D85 3?CDC ?33EB >?G 0?E>7 @5?@<5 G9<< 25 =?B5 <9;5<I D? =?F5 D81> ?<4 @5?@<5 2531EC5 D859B 5H@53D54 <965D9=5 Q 'Q 9C 7B51D5B U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 &97B1D9?> B1D5C ">D5B>1D9?>1< =97B1D9?> &97B1D9?> B1D5C ">D5B>1D9?>1< =97B1D9?> ">D5B>1D9?>1< =97B1D9?> 2531=5 1 =E38 =?B5 9=@?BD1>D C?EB35 ?6 @?@E<1D9?> 7B?GD8 1C D85 35>DEBI @B?7B5CC54 )EC8 FC @E<< 613D?BC "6 7?5C 4?G> D85> =97B1>DC 1B5 N@EC854O D? D859B 45CD9>1D9?> 2531EC5 3?>49D9?>C 9> D85 ?B979>1D9>7 3?E>DBI 1B5 45D5B9?B1D9>7 "6 # 7?5C E@ D85> =97B1>DC 1B5 N@E<<54O D? D859B 45CD9>1D9?> 2531EC5 3?>49D9?>C 9> D85 45CD9>1D9?> 3?E>DBI 1B5 9=@B?F9>7 ">D5B>1D9?>1< =97B1D9?> 2571> D? B9C5 9> D85 C 1C 3?>49D9?>C 9> T EB?@5 45D5B9?B1D54 ,85 )?D1D? 1=9>5 9> "B5<1>4 1>4 5B=1>I @?<9D931< E>B5CD 9> 5B=1>I U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 &97B1D9?> B1D5C ">D5B>1D9?>1< =97B1D9?> &97B1D9?> B1D5C ">D5B>1D9?>1< =97B1D9?> /85B5 494 D85 =97B1>DC 3?=5 6B?= CD9=1D5C ?6 =97B1>D C?EB35C 1B5 @B?2<5=1D93 "> 1<< 9D 1@@51BC 1C D8?E78 C<1F5C G5B5 9=@?BD54 6B?= 6B931 256?B5 G85> D85 DB145 5>454 B?E78<I ?6 D85 =9<<9?> C<1F5C D81D 31=5 D? D85 '5G /?B<4 1<D?75D85B I D85 2<13; @?@E<1D9?> G1C 12?ED ?ED ?6 1 D?D1< @?@E<1D9?> ?6 /89D5 =97B1D9?> 1<C? C55=C D? 81F5 255> 12?ED G9D8 B?E78<I ?6 D85 =97B1>DC 3?=9>7 6B?= D85 B9D9C8 "C<5C 5B=1> ED38 1>4 B5>38 259>7 D85 >5HD =?CD 9=@?BD1>D C?EB35C ,9=9>7 9C D85 B51C?>C G8I 5AE1< >E=25BC ?6 2<13; 1>4 G89D5 =97B1>DC @B?4E354 CE38 49F5B75>D @?@E<1D9?>C 9> %5DC C1I D81D ?><I DG? @5?@<5 =97B1D5 6B?= EB?@5 1>4 DG? @5?@<5 =97B1D5 6B?= 6B931 ?D8 3?E@<5C 81F5 DG? 389<4B5> 5F5BI I51BC 1>4 D859B 389<4B5> 81F5 389<4B5> 5F5BI I51BC D89C 3?BB5C@?>4C D? 1 @?@E<1D9?> 7B?GD8 B1D5 ?6 '? 451D8C 6?B 51C5 ?6 5H@?C9D9?> U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 &97B1D9?> B1D5C ">D5B>1D9?>1< =97B1D9?> &97B1D9?> B1D5C ">D5B>1< =97B1D9?> ,85 =?F5 D? D85 G5CD G1C >?D 1 @EC8 =97B1D9?> 2ED 1 @E<< =97B1D9?> )5?@<5 =?F54 D? D85 G5CD 2531EC5 D85I 5H@53D54 D859B <965D9=5 9>3?=5C D? 25 89785B ?B 9> =?B5 75>5B1< D5B=C D85I 5H@53D54 D859B G5<61B5 D? 25 89785B 1CI 1F19<129<9DI ?6 3851@ 8978 AE1<9DI <1>4 @<1I54 1> 9=@?BD1>D B?<5 9> D89C 4539C9?> =5B931 G1C 1> 17B1B91> 53?>?=I 1>4 <1>4 9> D85 =944<5 @1BD ?6 D85 3?E>DBI G1C =?B5 65BD9<5 ,89C G1C DBE5 9> 2?D8 D85 >?BD8 1>4 D85 C?ED8 ">D5B>1< =97B1D9?> 3?>DB92ED54 D? 53?>?=93 7B?GD8 49B53D<I 2I =?F9>7 61B=5BC ?>D? =?B5 @B?4E3D9F5 <1>4 <?G5B9>7 D85 3?CD ?6 @B?4E39>7 17B93E<DEB1< @B?4E3DC ">49B53D<I 9D 3B51D54 =?B5 61F?B12<5 3?>49D9?>C 6?B D85 C896D 9>D? =1>E613DEB9>7 2579>>9>7 9> D85 >?BD851CD U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B 1<<5>45B 1C;C 1 C9=@<5 21C93 AE5CD9?> /1C 51B<I 35>DEBI =5B931> 7?F5B>=5>D 1 N<19CC5J 619B5O 7?F5B>=5>D I <19CC5J 619B5 85 =51>C <9=9D54 7?F5B>=5>D N,81D 7?F5B>=5>D 7?F5B>C 25CD D81D 7?F5B>C <51CDO I G85> 1<<5>45B GB?D5 89C 1BD93<5 =5B931 @B9454 9DC5<6 ?> 9DC <19CC5J 619B5 DB149D9?>C 9DC <9=9D54 7?F5B>=5>D 1>4 9DC B5C@53D 6?B 9>49F94E1< B978DC N " $ # % " ! " O 1<<5>45B @ ED D81D >?D G81D =5B931 G1C <9;5 1D D85 2579>>9>7 ?6 D85 D8 35>DEBI N ! $ # " " # # # # ! $ & O 1<<5>45B @ U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B "> ?B45B D? E>45BCD1>4 G8I D85 7?F5B>=5>D G1C C? 9>F?<F54 9> @B?=?D9>7 53?>?=93 45F5<?@=5>D G5 KBCD >554 D? E>45BCD1>4 D85 C?EB35C ?6 53?>?=93 7B?GD8 ,89C G1C 1> 17B1B91> 53?>?=I )5?@<5 >55454 1335CC D? =1B;5DC ,85 =19> C?EB35 ?6 53?>?=93 7B?GD8 G1C >?D D538>?<?7931< 381>75 9D G1C ?EB ?<4 6B95>4 3?=@1B1D9F5 14F1>D175 ,85 ;5I G1C @B?F949>7 @5?@<5 1335CC D? =1B;5DC U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B 1<<5>45B C;5D385C 1 C9=@<5 53?>?=I G9D8 D8B55 B579?>C ,85 >?BD851CD @B?4E39>7 =1>E613DEB54 7??4C G8938 9D C5<<C 9> D85 G5CD 1>4 D85 C?ED8 ,85 +?ED8 D85 @B?4E35B ?6 3?DD?> D85 =?CD 9=@?BD1>D 5H@?BD ?6 D85 ->9D54 +D1D5C =?CD ?6 G8938 G5>D D? >7<1>4 ,85 '?BD8G5CD D85 @B?4E35B ?6 7B19> 1>4 6??4CDESC =?CD ?6G8938 9D 5H@?BD54 D? D85 +?ED8 "> ?B45B D? 2B9>7 D85 /5CD 9>D? D85 >1D9?>1< =1B;5D 9D G1C >535CC1BI D? 2E9<4 DB1>C@?BD1D9?> <9>;C 25DG55> D85 G5CD 1>4 D85 51CD 1>4 25DG55> D85 G5CD 1>4 D85 C?ED8 ,89C G1C 5H@5>C9F5 1<<5>45B 1C93 9451C 9C 1> 9=@?BD1>D I51B 6?B 1<<5>45B 1C 9D G1C D85> D81D D85 CD51=2?1D @B?F54 D81D 9D 3?E<4 7? E@ D85 &9CC9CC9@@9 ?@5>9>7 D85 G5CD5B> C?ED85B> DB145 F91 G1D5B ED G81D G?E<4 6?<<?G G1C =?B5 5H@5>C9F5 D85 45F5<?@=5>D ?6 1 >5DG?B; ?6 31>1<C @B9=1B9<I 6B?= D85 51CD D? D85 G5CD D8B?E78 '5G 0?B; 1>4 )5>>CI<F1>91 D81D G?E<4 ?@5> D85 9>D5B9?B 3?==5B35 ?6 D85 3?E>DBI >4 D85 45F5<?@=5>D ?6 1 21>;9>7 CICD5= 31@12<5 ?6 K>1>39>7 D85 =?F5=5>D ?6 7??4C ?F5B <?>7 49CD1>35 "D G1C D89C D81D ,85 CD1D5 1>4 <?31< 7?F5B>=5>DC 9>F5CD54 DB1>C@?BD1D9?> @B?:53DC 25DG55> 1>4 7?F5B>=5>D ?><I 9>F5CD54 =9<<9?> U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 =9<<9?> 9> D85 >1D9?>1< U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B 1@9D1< C31B39DI 1<<5>45B =5B931> 53?>?=I G1C 1 <13; ?6 1@9D1< ,85 @B?2<5= 6139>7 D85 /81D 9C 31@9D1< ,? 1> 53?>?=9CD 1@9D1< 9C 3?>CE=@D9?> 6?B7?>5 D?41I D? @B?4E35 3?>CE=@D9?> D?=?BB?G 1@9D1< 9C 1 @B?4E3D9F5 9>F5CD=5>D "C @EDD9>7 =?>5I 9> I?EB C1F9>7C 133?E>D 1 31@9D1< 9>F5CD=5>D ,? I?E I5C ,? D85 53?>?=I >? "> ?B45B D? =?29<9J5 31@9D1< 9D G1C >535CC1BI 6?B =5B931>C D? EC5 D85 K>1>391< CICD5= ,81D 9C D85I 814 D? 2?BB?G =?>5I D? =1;5 9>F5CD=5>DC /8I G1C 9D D81D CD1D5C B1D85B D81> @B9F1D5 9>49F94E1<C 2?BB?G54 =?>5I D? K>1>35 DB1>C@?BD1D9?> 9>F5CD=5>DC )1@5B 3<19=C D? D85 452DC ?6 D85 ?D85BC 1B5 K>1>391< 31@9D1< ,89C B5@B5C5>DC 31@9D1< D? D85 9>49F94E1<C G8? ?G> D85= 2ED 9D 1<C? B5@B5C5>DC 1 CI==5DB93 <9129<9DI D? D85 @5?@<5 G8? ?G5 D85 452DC =5B931>C G5B5 61354 G9D8 D85 49R3E<DI ?6 3?==1>49>7 B5C?EB35C D?41I D81D D85I 3?E<4 EC5 D? 9>F5CD 9> 31>1<C 1>4 B19<B?14C 1<C? 21>;C D81D G?E<4 @B?4E35 89785B 9>3?=5 9> D85 6EDEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B 5=1>4 6?B 31@9D1< 1<<5>45B 5=1>4 6?B 31@9D1< ,85B5 G5B5 1 C5B95C ?6 @B9F1D5 3?B@?B1D9?>C 6?B=54 D? 2E9<4 31>1< 9>D? D85 G5CD ,85 )?D?=13 ?=@1>I 9> & 1>4 . ,85 /5CD5B> 1>4 '?BD85B> "><1>4 %?3; '1F971D9?> ?=@1>I 9> '5G 0?B; ,85 +38EI;9<< +ECAE581>>1 '1F971D9?> ?=@1>I 9> ) ">F5CD?BC G5B5 <55BI ?6 9>F5CD9>7 9> <1B75 @B?:53DC ,85B5 G1C 1 CD?3; =1B;5D 2ED 9D G1C >?D G5<< 45F5<?@54 &?CD ?6 G81D G1C DB1454 G5B5 D85 2?>4C ?6 D85 6545B1< 1>4 CD1D5 7?F5B>=5>DC 1>4 D85 CD?3; ?6 C?=5 21>; 1>4 9>CEB1>35 3?=@1>95C )B9F1D5 3?=@1>95C 3?E<4 >?D B19C5 <1B75 1=?E>DC ?6 31@9D1< 9> D85 @B9F1D5 31@9D1< =1B;5D ED CD1D5C 3?E<4 ">F5CD?BC DBECD54 D85 129<9DI ?6 CD1D5 7?F5B>=5>DC D? B5@1I D859B 452DC ,85 6545B1< 7?F5B>=5>D ?>35 9D 814 255> B5?B71>9J54 E>45B D85 ?>CD9DED9?> 814 4?>5 1 7B51D :?2 ?6 B5@1I9>7 D85 B5F?<ED9?>1BI G1B 452D 1>4 D85 452DC 6B?= D85 /1B ?6 =5B931> 3B549D G1C 7??4 ,85C5 @B9F1D5 3?=@1>95C CE@@?BD54 G9D8 CD1D5 =?>5I 619<54 ,85I 619<54 2531EC5 D85 @B?:53DC D85I G5B5 DBI9>7 D? E>45BD1;5 G5B5 D?? <1B75 1>4 =5B931> 5>79>55BC 494 >?D I5D @?CC5CC D85 D1<5>D 1>4 ;>?G<5475 D? 2E9<4 D85 31>1<C U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B +E@@<I ?6 31@9D1< 1<<5>45B +D1D5C 1>4 DB1>C@?BD1D9?> B?= D? D85 B9D9C8 >1D9?>1< 452D 814 7B?G> CD5149<I 3B51D9>7 1 3<1CC ?6 C1F5BC 8?<49>7 <1B75 9>F5CD=5>DC 9> 7?F5B>=5>D 2?>4C "> G9D8 D85 5>4 ?6 D85 '1@?<5?>93 G1BC D85C5 9>F5CD?BC G5B5 <??;9>7 6?B ?ED<5DC ,85 6545B1< 452D ?6 D85 ->9D54 +D1D5C G1C CD5149<I 259>7 @194 ?S 16D5B D85 B5F?<ED9?> 1>4 G9D8 1 2B956 E@CEB75 6?B D85 /1B ?6 3?>D9>E54 D? 25 @194 ?S E>D9< 9D G1C 5HD9>7E9C854 9> ,85B5 G5B5 @??<C ?6 31@9D1< 1F19<12<5 6?B 9>F5CD=5>D 9> 2?D8 D85 -$ 1>4 D85 -+ ,85 @B?2<5= G1C =?29<9J9>7 9D "> '5G 0?B; 2571> 3?>CDBE3D9?> ?> D85 B95 1>1< D KBCD D85 CD1D5 G1C E>12<5 D? 2?BB?G 1>ID89>7 9> >7<1>4 &?CD ?6 D85 <5>45BC G5B5 9> -@CD1D5 '5G 0?B; <1>4 ?G>5BC 1<?>7 D85 31>1<C &5B381>DC 9> '5G 0?B; 9DI 814 ?B979>1<<I 255> 1719>CD D85 31>1< P D85I D8?E78D 9D G?E<4 B19C5 D859B D1H5C C 31>1< 3?>CDBE3D9?> @B?7B5CC54 9D 2531=5 3<51B D81D D85 31>1< G?E<4 25 1 K>1>391< CE335CC 1>4 9>F5CD?BC 2571> 2EI9>7 CD1D5 2?>4C 9> '5G 0?B; 9DI 1>4 5F5>DE1<<I 9> %?>4?> I D85 D9=5 D85 31>1< G1C 3?=@<5D54 9> '5G 0?B; CD1D5 2?>4C G5B5 DB149>7 B57E<1B<I ?> D85 '5G 0?B; 1>4 %?>4?> +D?3; H381>75C /8I CD1D5 9>F5CD=5>D %5>45BC 494 >?D 81F5 5>?E78 9>6?B=1D9?> D? DBECD @B9F1D5 KB=C 2ED D85I 494 DBECD CD1D5C U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 1<<5>45B +D1D5C 1>4 DB1>C@?BD1D9?> 1<<5>45B +D1D5C 1>4 21>;C +D1D5 9>F5CD=5>D 9> 31>1<C 1>4 ** (89? )5>>CI<F1>91 &1BI<1>4 ( 1>1< ( B19<B?14 ">491>1 '5G 0?B; 1>4 (89? 1719> &938971> "<<9>?9C I CD1D5C 814 2?BB?G54 1<=?CD =9<<9?> 452D G1C D? K>1>35 9>F5CD=5>DC 9> DB1>C@?BD1D9?> B4C ?6 D89C ,85 ?D85B C945 ?6 D85 1<<5>45B CD?BI 9C 9>F5CD=5>D 9> 21>;C ,89C 9>F5CD=5>D <?>7 @B53545C D85 9>F5CD=5>D 9> DB1>C@?BD1D9?> 1D <51CD D85 <1B75 9>F5CD=5>DC D81D CD1BD 9> D85 C +D1D5 7?F5B>=5>DC D8B?E78?ED D85 '?BD851CD 2571> 9>F5CD9>7 9> 21>;C 9> D85 C +D1D5 9>F5CD=5>D 9> 21>;C 9> D85 '?BD851CD DEB>54 ?ED D? 25 F5BI @B?KD12<5 "> 613D 21>;C G5B5 C? @B?KD12<5 D81D 9D G1C D85 21>;C G8? @194 D85 CD1D5C 6?B D859B 381BD5BC +D1D5C 494 >?D >554 D? 2?BB?G =?>5I D? 9>F5CD 9> D85 21>;C "> D85 G5CD D89>7C G5B5 49S5B5>D )?@E<1D9?>C G5B5 C=1<< 1>4 DB1>C@?BD1D9?> 3?CDC G5B5 8978 ,8B?E78?ED D85 C C 1>4 C CD1D5C 9> D85 G5CD 1>4 C?ED8 2?BB?G54 =?>5I D? 2579> 21>;C %?E9C91>1 2?BB?G54 ?F5B =9<<9?> D? 9>F5CD 9> 21>;C /8I D85 1>CG5B 9> 1 65G G55;C U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 U<F1B? %1 )1BB1 )VB5J -& 3?> %53DEB5 ...
View Full Document

This note was uploaded on 02/03/2012 for the course ECON 311 taught by Professor Staff during the Summer '08 term at Maryland.

Ask a homework question - tutors are online