relative values of different currencies. (wiki.org) The exchange rate is the price of a unit of foreign currency in terms of the domestic currency. In the Philippines‚ for instance‚ the exchange rate is conventionally expressed as the value of one US dollar in peso equivalent. The value of any particular currency is determined by market forces based on trade‚ investment‚ tourism‚ and geo-political risk. Every time a tourist visits a country‚ for example‚ he or she must pay for goods and services using
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Although some may disagree about athletes getting paid more than 10 million dollars they do hard work for that money. I think that they should not be paid almost 10 million dollars because that type of money can go to homeless people and kids they can go to kids to get their diploma to go to college and get a good job. Ten million dollars could go to buildings that are needed. In my opinion is i think it should go homeless people more than anything cause they could have been through a lot. For example
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How Should the U.S. Government Spend Tax Dollars during Economic Hardship? In a plunging economy the world is weathering I’m inclined to stress the importance of how taxpayers’ dollars are spent. I believe that taxpayer’s funds should be used to better everyone’s situation and used where there is the most need. Due to the recession that the United States government has been plagued by due to unaccounted revenue‚ therefore‚ resulting in a negative lash back. Therefore‚ the government is forced
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Jim Rogers Sees 100% Chance of Recession Times are changing. Since when does Jim Rogers like the U.S. dollar? For those of you who aren’t familiar with Rogers‚ he is a former business partner of George Soros‚ as well as a long-term commodity bull. If Rogers is correct about the U.S. dollar appreciating‚ then commodities will take a further hit. This will not be a positive for emerging markets. It will have the biggest impact on emerging markets‚ including Brazil‚ Russia‚ India and China. If that
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If I had 1 million dollars I would spend most if not all on jewelry or cars (even though I cant drive) i’ll just sit in it. I think if I had to choose something unique I would buy two 100‚000 houses side by side‚ tear them down and make a bigger nicer house. I would most likely spend 600‚000 or 700‚000 on the new house after the houses are brought. After that I would buy a red Ferrari and jewelry until the rest of the money is used up. I would but a red Ferrari because my favorite color
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#6:Treasure Chest Problem: Someone offers to give you a million dollars($1‚000‚000) in one-dollar ($1) bills. To receive the money‚ you must lie down; the million one-dollar bills will be placed on your stomach. If you keep them on your stomach for 10 minutes‚ the money is yours! Do you accept the offer? Solution: Each dollar bill weighs 1 gram‚ if we multiply 1gram by 1‚000‚000 dollars we get a weight of 1‚000‚000 grams. If there are 454 grams in a pound then $1‚000‚000 will equal 2202 pounds
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The Oil & Petrodollar Connection to the Recent Military Conflict in Iraq & The Future of the Dollar as a Petrodollar. In this paper‚ I intend to assess the validity of claims that there is a definite connection between the petrodollar and recent military conflicts. I will also look at why the United States needs to keep the dollar as the global reserve currency to secure their global hegemony for the future and what other contenders for the role of reserve currency are emerging. The
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What would you do if you won 1 000 000 $ Why people want to be a rich man? What is does rich mean? In what do people see the richness? (Where do people find richness?) And how can people become rich? Some people thinks and wants to be rich‚ because they love money‚ they want expencive (espensive‚ costly) possessions such as: things‚ cars‚ great homes and ect. Some ones want to be a rich‚ because they love contribute‚ to help someone‚ poors‚ olds‚ who has need. Some ones consider
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Why You Should Spend Your Advertising Dollar on Vancouver BC SEO Without and advertising strategy‚ you won’t be able to support your marketing plan and attract the eyeballs you want. Marketing your business online is one of the best ways to spend your advertising dollar. What better way to do so than utilizing the expertise of Vancouver BC SEO professionals who will assist you with the two most crucial parts of any advertising strategy‚ namely 1) to assess what needs to be done differently‚ and
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Andrew Jackson Andrew Jackson‚ the seventh president of the United States‚ deserves to have his picture engraved on the twenty-dollar bill. Jackson’s perilous military achievement and leadership as well as democratic principles demonstrated during his presidency have made a significant contribution to American history and political life. Andrew Jackson led his troops to decisive victories against the Creeks in Alabama and against the British in New Orleans. In the war of 1812 the Creek Indians
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