Indonesia: The Troubled Giant Question 1: What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? The impeachment of the Indonesian dictator Suharto is widely considered one of the most exciting political happenings of recent years. Indonesia is the world’s fourth biggest country‚ with a population of 202 million people; Suharto had ruled the country with an iron fist for about 32 years. The fact that his absolute
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at the start of expansion‚ long term rates will be higher than the short term rates‚ leading to an upward sloping yield curve. 2. Using both the liquidity preference framework and the supply and demand for bonds framework‚ show why interest rates are procyclical (rising when the economy is expanding and falling during recessions). The liquidity preference framework. When the economy booms‚ the demand for money increases: people need more money to carry out an increased amount of transactions
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Financial Statement Analysis: Occidental Petroleum Corporation University of Texas of the Permian Basin I. Introduction a. Major issues/problems facing the firm b. Objective of paper c. Summary of findings II. Firm‚ Industry‚ and environment a. Description of the firm and its management Occidental Petroleum Corporation is a Delaware corporation. Its businesses consist of three segments: oil and gas‚ chemical‚ & midstream‚ marketing and other subsidiaries.
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LIQUIDITY PREFERENCE THEORY Definition (also called liquidity preference hypothesis) Observation that‚ all else being equal‚ people prefer to hold on to cash (liquidity) and that they will demand a premium for investing in non-liquid assets such as bonds‚ stocks and real estate. The theory suggests that the premium demanded for parting with cash increases as the period (term) for getting the cash back increases. The rate in the increase of this premium‚ however‚ slows down with the increase
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many different ways‚ for thousands of years. Around 5000 BC the Babylonians were using the fruit of the date palm to make wine and vinegar to be used as food and a preservative or pickling agent. Vinegar has been revered throughout the ages. There are many Biblical references in both the Old and New Testaments that reveal the use of vinegar as a beverage‚ likely diluted and sweetened. (MooreMelodie‚ 2010). Vinegar became one of our first medicines around 400 BC. Hippocrates‚ a Greek physician and
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Preventive Maintenance Why Preventive Maintenance? Preventive maintenance is predetermined work Maintaining equipment service records Scheduling replacement of components at the end of their useful service life Acquiring and maintaining inventories of: – – – least reliable components critical components components scheduled for replacements performed to a schedule with the aim of preventing the wear and tear or sudden failure of equipment components. Preventive maintenance helps to:
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1. Explain why the iceman was so well preserved? ( source one) It is said that a frozen body will stay preserved over hundreds‚ even thousand of years. During the first stage of investigations Austrian archaeologist Konrad Spindler researched the layout which had proved that the iceman’s body position and placement of weapons were preserved in the same position from when the Iceman had died‚ it had also been proved that the body was initially covered in a thin layer of snow which had helped
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1. The financial crisis of 2007–2008‚ also known as the Global Financial Crisis and 2008 financial crisis‚ is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s. It threatened the total collapse of large financial institutions‚ which was prevented by the bailout of banks by national governments‚ but stock markets still dropped worldwide. Major effects of economic downturn are stated as below: if the liquidity crisis continues‚ there could
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MAINTENANCE EXCELLENCE COURSE A New Paradigm of Maintenance Management Attuned to the Requirements of the Present Marketplace and Environment. COURSE DESCRIPTION: This 3-day Maintenance Management course is about MAINTENANCE EXCELLENCE‚ which is now the Best Way that the Maintenance Function should be managed; in accordance with the requirements of the marketplace and the environment. This means managing Maintenance with a Zero Downtime and High-Efficiency mentality‚ and it must be carried
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7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements‚ would you have developed a positive theory or a normative theory? The first of all‚ it is important to understand the mean by a ‘theory’. According to Contemporary
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