An economy or economic system consists of the production‚ distribution or trade‚ and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals‚ businesses‚ organizations‚ or governments. Transactions occur when two parties agree to the value or price of the transacted good or service‚ commonly expressed in a certain currency. In the past‚ economic activity was theorized to be bounded by natural resources‚ labor‚ and capital
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Onset/Peak IV 30 min.-1 hour Duration 10-12 Hrs. Up to 12 hours Metabolism Minimally metabolized in liver/Excreted in Urine (85% as unchanged drug) Metabolized in liver excreted in kidney Half-life 2 hr. 2-2.3 hours Side effects/ Adverse Effects Diarrhea‚ stomach pain‚ upset stomach‚ vomiting‚ rash‚ unusual bleeding or bruising‚ difficulty breathing‚ hives‚ sore mouth or throat‚ confusion‚ changes in thinking or behavior‚ not responding nephrotoxicity‚ Rash‚ itching and hives
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Health Economics ECN 355 Spring 2013 Course Introduction Professor Lawrence S. Mayer‚ MD‚ MS‚ PhD [Assisted by Professor Elton Bordenave‚ M.Ed.‚ CHC] Office: 4th Floor Computer Commons email: lawrence.mayer@asu.edu Phone: 480-965-6528 Objective: This course is an introduction to the American (meaning U.S.) health-care system from a policy perspective using an economics lens. It applies concepts of economics as well as history‚ philosophy‚ sociology and political science to understand
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What is credit policy ? Credit is temporary capital and the objective of credit is to lend with the purpose of increasing profits and sales. A sound credit policy in business is the blue print to managing by measurement and benchmark The question then arises is ’What is a Credit Policy and how does one write a Credit Policy for their specific nature of business operations? Writing an effective Credit Policy begins with an understanding of the financial exposure that you or your business can
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Concerning banks‚ ATMs ought to assist in improving a banks’ turnover‚ therefore low patronage of ATMs by their customers could affect the banks’ profit adversely. Therefore‚ there is a need to study the constructs that could affect the adoption of ATM Cards. Using a popular and widely used theory such as the theory of diffusion of innovation‚ it is expected from this study that the extent
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Questions 1. Should there be a minimum education requirement for the meter reader job? Discuss. In this job‚ a simple reading and writing skills test could replace the educational requirement. While Mr. McCord’s goal of upgrading the educational level in the company is commendable‚ the standard of education he is imposing is probably legally indefensible. It certainly will make Judy’s job more difficult. Having overqualified persons in jobs frustrates the workers and often results in too rapid
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Nur Asila Abdul Latif ID : 2010577821 Group : MC21S5A Summary of MARC and RAM (Credit rating agencies) To know what is RAM and MARC is doing in the financial sector in Malaysia‚ we need to know what is the credit rating first. So‚ credit ratings are forward-looking opinions about credit risk. A credit rating is an opinion of the general creditworthiness of countries‚ companies and individuals. Lower credit ratings result in higher borrowing costs because the borrower is deemed to carry a
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CHAPTER –6 Credit creation by commercial Bank Demand deposits as money Bank deposits are two types. 1. Demand Deposit 2. Time deposit The demand deposits on which cheques are issued are also called as cash deposits or current deposits. D.D are therefore‚ almost as good as cash money the depositor can convert a part or the whole of the current account in currency notes at any time. According to T.T Sethi “A demand deposit is the obligation of a bank to pay a certain sum of money to a specified
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Introduction Definition of ’Letter Of Credit’ A letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase‚ the bank will be required to cover the full or remaining amount of the purchase. Letters of credit are often used in international transactions to ensure that payment will be received. Due to the nature of international dealings including factors such as distance
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Credit Approval Process: Credit approval process starts with receiving prescribed completed credit application from the customer and ends with issuance of a written “Sanction Advice” by the Bank. Credit approval process in the bank shall be guided by some basic principles. These are as follows: Credit Proposal: Purpose: A Credit Proposal is prepared by the Relationship Management Team either at Branch or Corporate Division based at Head Office to present a concise and objective assessment
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