Chapter 5 Interest Rates Problem 3 Which do you prefer: a bank account that pays 5% per year (EAR) for three years or a. An account that pays 2 every six months for three years? b. An account that pays 7 every 18 months for three years? c. An account that pays per month for three years? If you deposit $1 into a bank account that pays 5% per year for 3 years you will have after 3 years. a. If the account pays per 6 months then you will have after 3 years‚ so you prefer every 6 months
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Economic Growth- Please write the definition Inflation- Rising prices across the board. Inflation means less bang for your buc‚ as it erodes the purchasing power of a unit of currency. Inflation usually refers to CONSUMER PRICES. Therefore the goal of MONETARY POLICY in many countries is to ensure that inflation is neither too high or too low. The present growth rate of our country has dropped to nearly three and a half year low of 5.5%. India’s GDP growth for the 1st quarter of the current
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period by the factors of production located within a country” (Case‚ Fair & Oster‚ 2008‚ p.105.). Essentially‚ GDP is a measure of production of an economy; that is‚ it measures its economic performance. Despite this‚ economists often use GDP statistics as an indication of social welfare. According to Case‚ Fair and Oster (2008) however‚ this may cause serious problems to arise. These problems are put forwards in the following limitations. Firstly‚ GDP tends to misrepresent or exaggerate social
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concerning the administration‚ academic education‚ training programs and the lack of material and human resources‚ were reported. As a result of this study 14 recommendations are listed to improve university athletics and‚ by doing so‚ sport in general in Nigeria. Thus‚ they demand an improvement of physical education in secondary schools‚ the establishment of departments of physical education at all universities and better facilities and more frequent competitions for university athletes. • CiteULike
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Discussion of the issues 2.1 Inflation 2.1.1 Definition of inflation 3 2.1.2 How inflation is measured 3 2.1.3 The causes of inflation 4 2.2 In the context of Malaysia’s economy 2.2.1 Inflation rate in Malaysia 4-5 2.2.2 Consumer Price Index (CPI) in Malaysia 5-6 2.2.3 Average monthly household expenditure in Malaysia 6-7 2.2.4 Salary growth in Malaysia 8-9 2.3 The impact of inflation on consumers’ living patterns 9
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society. Nigeria with its rather unfair share of the canker worm has as its greatest threat the endemic and malignant nature of corruption. You bribe to get your child into a school‚ you pay to secure a job and you also continue to pay in some cases to retain it. corruption indeed is a bane of any nation. This research work discuses the possible causes of corruption in addition to its effect which seems to rooted in socio- cultural practices and the political and economic realities of Nigeria.
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TAXATION AND FISCAL REGULATIONS IN NIGERIA INTRODUCTION The Nigerian Tax System has undergone significant changes in recent times. The Tax Laws are being reviewed with the aim of repelling obsolete provisions and simplifying the main ones. Under current Nigerian law‚ taxation is enforced by the 3 tiers of Government‚ i.e. Federal‚ State‚ and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list for Collection) Decree‚ 1998. Of importance at this juncture
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allowed into the premises of the Church of Christ in Nigeria (COCIN)‚ Jos‚ by a fellow member of the church‚ who detonated explosives that led to the death of 8 persons; 38 others were seriously injured. The Sun Newspaper of Tuesday‚ March 6th‚ 2012 reported that the said Boko Haram suicide bomber was identified by The Defence Headquarters (DHQ)‚ as Mr. Adams Joseph Ashaba‚ ‘who allegedly masterminded the bombing of the Church of Christ in Nigeria (COCIN) in Jos‚ the Plateau State capital on February
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Stakeholders in Sustainable Business Transformation Charmaine Catroppa Thompson Rivers University Open Learning ADMM 460: Business and Society Assignment 3: Research Report on Issues Related to the Construction of the Three Gorges Dam and the Sustainable Development Initiatives of Royal Dutch Shell. Student #: 100098805 September 2008 TABLE OF CONTENTS Part A: Discussion Case on “Damming the Yangtze River” 3 Conflicting Social Costs 3 Conflicting
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CHAPTER ONE 1.0 INTRODUCTION Nigeria as a democratic country like every other nation needs the media to drive or sustain good governance and engender national development. But the media often regarded as the fourth estate of the realm have an enormous task to accomplish this role as the watchdog of the society. The task or role of the media has to a large extent not been effectively accomplished. It is important here to state that the primary role of the media in any given society is to inform
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