Part 2. Total 50 marks ( 10 marks each). 1. Explain why you would be more or less willing to buy gold under the following circumstances: a. Gold again becomes acceptable as a medium of exchange. (2 marks) b. Prices in the gold market become more volatile. (2 marks) c. You expect inflation to rise‚ and gold prices tend to move with the aggregate price level. (3 marks) d. You expect interest rates to rise. (3 marks) Outline of solutions: (a) More‚ because it has become more liquid;
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How do you explain the rise and fall of the Bretton Woods system? How far the emergence of the Euro can be seen against the background of the need for exchange rate stability and the creation of an optimal currency area? 1) The rise and fall of the Bretton Woods system: The origins of the Bretton Woods system are to be found in the convergence of several key conditions: the shared experiences of the Great Depression‚ the concentration of power in a small number of states‚ and the presence of a
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atoms of different masses. The first molecule was water with a total mass of 18.015g/mol. Water gave a frequency of 1885.0816cm/1 and a bend‚ 3502.3914cm/1 asymmetric stretch‚ and 3581.3997cm/1 symmetric stretch vibration. Deuterated chloroform has a total mass of 20.02 g/mol with a frequency of 1379.1670 cm/1 with a bend‚ 2565.7061cm/1 asymmetric stretch ‚ and 2582.6595 symmetric stretch vibration. Table A2 further validates the relationship between mass and frequency. Deuterated chloroform has a
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NAVAL POSTGRADUATE SCHOOL Monterey‚ California THESIS HIGH ALTITUDE WARFARE: THE KARGIL CONFLICT AND THE FUTURE by Marcus P. Acosta June 2003 Thesis Advisor: Second Reader: Peter Lavoy Douglas Porch Approved for public release‚ distribution is unlimited THIS PAGE INTENTIONALLY LEFT BLANK REPORT DOCUMENTATION PAGE Form Approved OMB No. 0704-0188 Public reporting burden for this collection of information is estimated to average 1 hour per response‚ including the time for reviewing
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CYBER TERRISOM INTRODUCTION: Cyberterrorism is the use of Internet based attacks in terrorist activities‚ including acts of deliberate‚ large-scale disruption of computer networks‚ especially of personal computers attached to the Internet‚ by the means of tools such as computer viruses. Cyberterrorism is a controversial term. Some authors choose a very narrow definition‚ relating to deployments‚ by known terrorist organizations‚ of disruption attacks against information systems for the primary
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American Public University America’s Top Three Potential Terrorist Attacks Alan Jacobs HLSS 155 B001 Win 13 Professor Dr. Wesley Phillips 15 February 2013 America’s Top Three Potential Terrorist Attacks Since the successful attacks by planned by Osama Bin Laden‚ and carried out by Al Qaeda terrorists‚ the United States of America has implemented new strategies to thwart efforts by terrorist to achieve another successful attack on US soil. Along with the new
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Describe either an adverse selection or moral hazard problem a company is facing. What is the source of the asymmetric information? Who is the less-informed party? Are there any wealth-creating transactions not consummated as a result of the asymmetric information? If so‚ could you consummate them? What advice/recommendations would you give the company? The healthcare debate has been characterized as an argument between those who believe that moral hazard is the primary problem with healthcare market
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TERRORISM AND LAW ENFORCEMENT LAURENCE LONGACRE AMERICAN MILITARY UNIVERSITY CMRJ203 Abstract We live in a new world; it is a world where there is the ever growing threat of terrorism. As a result law enforcement has had to change the way it does things in order to respond to the terrorist threat. How has law enforcement evolved in order to respond to the ever changing nature of terrorism as well as maintain the same level of protecting and serving the citizens of The United States. It is
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Financial intermediation and delegated monitoring Financial market is channelling funds from people have an excess of available to people who have a shortage. A well- functioning financial market makes great contribution to the high growth economy. The behaviour of business activities and consumers are also affected by the financial market. Financial intermediaries such as banks and other financial institutions make financial market operate properly. Those financial intermediations provide investment
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secret key to unlock the information. Explain the difference between symmetric and asymmetric keys. Symmetric and asymmetric keys are very similar in their use. With symmetric keys‚ both the sender and the receiver use the same secret key for encryption and decryption. One of the drawbacks with symmetric keys is that if the key is compromised on one end‚ it is compromised on both ends. With asymmetric keys‚ also known as public key encryption‚ the sender and the receiver each use a different
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