Analyse the effects of changes in the exchange rate of the Australian dollar (against other currencies) on the Australian economy. Fluctuations in the exchange rate of the Australian dollar can have significant implications on the Australian economy. The exchange rate is the price of one currency in terms of another economy’s currency. Typically in the case of Australia‚ the Australian dollar is measured in terms of the US dollar. Changes in the exchange rate‚ whether the alteration is an appreciation
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Looking at the broad areas of work that interest you is an important first step when planning your career or thinking of making changes to it. Take these interests into account when considering jobs‚ study or leisure activities. If you are able to find an environment that suits your interests‚ you are likely to be happier in what you do. Complete the worksheet below and print it out to help you plan your career. 1. Here’s a list of some different career interest areas. Read each description
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Also‚ RBA has kept high interest rates which means you can get good returns from depositing the money in the bank. Households have reduced their expenditure and they prefer to save rather than spend. The Australian dollar is weak compared to its peak period in 2011 against US dollar but still it has been strong over the past 6-7 years which has led to a
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thousand eight hundred dollars ($1800) in 2002 to four thousand five hundred dollars ($4‚500) in 2011‚ (Ministry of Labour & Social Security 20011). This does not offset the increased costs faced by this group‚ while at the same time some receive no increase and others became unemployed. Inflation reduces the purchasing power of the consumer because of the devaluation of the local currency. One manifestation of this is the introduction of the new Five Thousand Dollars ($5000.00) note. As the
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their battle to reduce the deficit)‚ the challenges that the weak Canadian dollar poses‚ the challenge Canada’s facing regarding its withdrawal from Syria and Iraq air wars‚ as well as the challenges that come in play as Trudeau’s government wants to legalize and regulate marijuana. Moreover‚ Canada also has
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Accounting Principles and Health Care Samantha Mrazek HCS 571 March 19‚ 2012 John Hodnette Accounting Principles and Health Care There are no formal accounting principles that apply to health care. However‚ there are five generally accepted guiding principles used in the management of the financial aspects of health care management (Cleverly‚ Song & Cleverly‚ 2011). Understanding the five guiding principles are important in understanding financial information and managerial accounting
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Should China revalue the yuan against the dollar? If so‚ what impact may this have on (1) US balance of payments‚ (2) Chinese balance of payments‚ (3) relative competitiveness of Mexico and Thailand‚ (4) firms such as Wal-Mart‚ and (5) US and Chinese retail consumers? China‚ the largest growing market in the world‚ currently has a policy regarding monetary regulation that allows the Yuan to “float”. This has seen the Yuan appreciate by approximately 24% over the past few years. Today‚ the exchange
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CFA Institute Soft Dollar Standards Guidance for Ethical Practices Involving Client Brokerage Corrected content posted November 2011. ©November 2004 [reprint]‚ August 1999 [reprint]‚ 1998 by Association for Investment Management and Research All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopy‚ recording‚ or any information storage and retrieval system‚ without permission of the
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“What I Would Do If I Won A Million Dollars?” If I won a million dollars‚ I would take some decisions that will influence my future. In effect‚ a million dollars is the possibility to make better my present life and also my future life. First‚ I will launch in the business world and invest in my education. Second‚ I will help my family and others to get a more beautiful. And third‚ life I will accomplish my goals life. Therefore‚ if I won a million dollars by chance‚ I will change the event of my
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2009 for Dollar General Corporation‚ which represent fiscal years ended January 28‚ 2011 and January 29‚ 2010 respectively. The main issues which the company is concerned about are its ability to increase sales and profitability and reduce costs in the current economic situation; another issue is an ability to repay an extensive amount of long-term debt which increases its risks. Analysis of profitability The rate of return on assets for Dollar General for 2010 was 6.8% thus for each dollar the company
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