can be sent over the network. • Plastic money cannot be copied‚ modified‚ or double -spent. • Anonymity and non-traceability. Privacy of user is protected. No-body can deduce the link between user and his payment. The customer may perform operations anonymously. • The Protocol for plastic payment between customer a nd merchant can be performed off-line. No direct link to third party (e.g. bank) is necessary. • The plastic money can be transferred to any other u ser. Advantages of Plastic
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. THE ECONOMIC PROBLEM AND ECONOMIC SYSTEMS The economic activity of a society consists of activities related to the production and consumption of goods and services. Since earliest times‚ the primary function of organized society has been economic in nature. The other elements of civilized society -- architecture‚ literature‚ music‚ etc. -- emerge only after the material needs of the society have been amply provided for. Poor societies do not build great pyramids‚ erect magnificent cathedrals‚ or
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1.0 Introduction Assisted suicide is when one or more individuals intentionally ends another person’s life due to several reasons and one of the main reason is said to relieve the pain and suffering of the patients. It is most likely comes from the choice of the patients itself to decide in ending their own lives. But why does the thought of ending their live comes into their mind so easily? The thoughts of life after death and also their family’s feeling when they request for assisted suicide
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LABOUR COOPERATION UNDER STRUCTURAL ADJUSTMENT IN HEALTH AND EDUCATION THESIS SUMMARY SUBMITTED IN FULLFILMENT OF THE REQUIREMENT FOR THE AWARD OF A MASTERS OF ARTS DEGREE IN ECONOMICS. BY HASSAN T. KASOLO. 2003 INTRODUCTION Organizations in Uganda and those who work there‚ have for a considerable time now suffered from enormous stress. The long term causes appear to be a complex mixture of external and internal factors. The former is exemplified by the international debt crisis
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P > MR. Question 6 10 out of 10 points Which of the following characteristics is most important in differentiating between perfect competition and all other types of markets? Answer Selected Answer: whether or not firms are price takers Correct Answer: whether or not firms are price takers Question 7 10 out of 10 points In economic analysis‚ any amount of profit earned above zero is considered "above normal" because Answer Selected Answer: this would indicate
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concept of the time value of money. - Conduct investment project appraisal‚ and implement the sensitivity analysis. - Understand the financial products such as stocks and bonds. - Implement stock and bond valuation. - Understand the relationship between risks and returns. - Calculate the value and yield of corporate bonds‚ preferred stocks‚ and common stocks. - Evaluate financial assets and portfolios using fundamental analysis‚ modern portfolio theory‚ CAPM‚ and capital structure. - Calculate
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Chari Managerial ECO 550 Due Feb 13.2013 Chapter 9: Problems 3‚ 4‚ and 5 Problem #3 Identifying the indirect fixed cost of the charter service service for a particular one of many such charters this month would be Problem #4 If one were trying to decide whether to operate or not to fly and unscheduled round trip charter flight‚ what would be the total direct fixed costs and variable costs of the flight? To get the total costs youd have to add up the guaranteed flights and the possible
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After the origins of the tourists are clearly outlined‚ there should be great consideration to be paid towards the number of tourists who come to Jamaica to have a significant impact. Eighteen of the thirty respondents‚ which represent 60%‚ believe that more than 2‚000‚000 tourists arrive to Jamaica annually. This can be supported from the findings discovered.After the origins of the tourists are clearly outlined‚ there should be great consideration to be paid towards the number of tourists who come
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Question: Consider the following short-run production function (where L = variable input‚ Q = output): Q = 10L – 0.5L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $20 per unit. a. b. c. Determine the marginal revenue product function. Determine the marginal factor cost function. Determine the optimal value of L‚ given that the objective is to maximize profits. Question: The Blair Company’s three assembly
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The Social and Economic Differences of Virginia and Massachusetts The colonial period was an important time period in our history because it shows the origins of our unique culture. Since each of the colonies were founded for different reasons and had various climates‚ it had a great impact on the way of life in each of the regions. The colonies of Massachusetts and Virginia are prime examples of this because they were completely different in terms of society and economy. Their contrasting climates
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