The impact of inflation on the functions of money Money refers to any commodity which functions as medium of exchange or the settlement of a debt. In a modern economy bank notes and coins clearly form part of the money supply as they are acceptable in the settlement of all transactions. Moreover some transactions are settled by cheques drawn on bank deposits in current accounts (also known as sight or demand deposits). Thus current account deposits also form part of money supply. Deposits accounts
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Democracy and Trade Unions‚ in F. Adewumi‚ (ed.)‚ Trade Unions‚ National Development and Military Rule‚ Lagos: Friedrich Ebert Foundation Otobo‚ D (2006): Readings in Industrial Relations in Nigeria‚ Malthouse Otobo‚ D (2006): Further Readings in Nigerian Industrial Relations‚ Malthouse Press Ltd.‚ Lagos. Adeyemi‚ D.A (2004). Organized Labour and Political Development in Nigeria‚ Calabar: Centaur Press
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CONFLICTS IN NIGERIAN UNIVERSITIES: CAUSES AND MANAGEMENT By Alabi‚ A. T. (Ph.D.) Department of Educational Management‚ University of llorin‚ llorin Abstract This paper focuses on conflict between individuals and between groups as a universal phenomenon of management and organizational behaviour. It recognizes conflict .as an inherent feature of organization‚ and induced‚ in part‚ by the very structure of the organization. The structure of universities allows the sharing of functional
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REVIEW OF SOME EFFECTS OF NIGERIAN CORPORATE TAX REGIME ON INVESTMENT PROMOTION BY: Y.S.UTHMAN 1.1 INTRODUCTION: Neither the Companies Income Tax Act nor any Nigerian Tax Law provides for the definition of the term tax or corporate tax. In an Australian case of Mathews v. Chicory Marketing Board‚ a tax has been defined as “a compulsory exaction of money by a public authority for public purposes‚ or taxation is raising money for the purpose of government by means of contributions from individual
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Recently a short blog was writen about language inflation that ultimately creates devaluation in meaning. Today‚ popular expressions like epic and brilliant are used to express a more modest meaning than their traditional uses. Brilliant actually means clever‚ and epic actually means surprising. The author explains‚ “Such is our need to imbue our words with force and significance‚ that we use hyperbole to entice people to pay attention – and the hyperbolic terms gradually normalise.” The same
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Effects of Fast Food on the American Economy How does fast food affect America’s economy? Does fast food affects Americans economy in the bad way or good way? Some people say that fast foods are ruining Americans economy. They want to reduce effects of the fast food industry in America. However‚ the advocates do not agree because they think that fast foods are giving a major boost to the economy. They give out a few examples about the advantage of fast food to the economy such as proving jobs or
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important function of bringing together deficit and surplus units of an economy. The lack of this function renders the capital market useless as the opportunity for investment and production of goods and services for development is eliminated. This creates a gap where surplus units have idle funds and the deficit units are in search of funds for investment. The capital market thus provides services that are essential to a modern economy‚ mainly by contributing to capital formation through financial intermediation
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Democrat and Republican parties in Texas economy. Immigration is very important in both political parties because immigration effect the Texas economy in many ways. The effect of immigration on the Texas economy is Illegal Vs. Legal immigration‚ low skilled workers‚ and the burden of tax. I choose only these three topics to discuss about my research topic. The key debate over this topic is how to fix these problems caused by immigration in the Texas economy. First‚ Brannon‚ I. & Albright‚ L. (2016)
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Effects of Outsourcing Timothy Nicotera University of New Hampshire Abstract This paper will look through the effects that outsourcing has on American business‚ the economy‚ and social issues now as well as into the future. Outsourcing is a growing trend among companies large and small as an attempt to gain a competitive advantage in both local and global markets. There are both positive and negative impacts of this way of doing business that need to be realized and accounted for in order for
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Faridabad Shivans gupta PGPFM nifm- Faridabad Effect of Monetary Policy of RBI on Economy Effect of Monetary Policy of RBI on Economy 2012 2012 Effect of Change in monetary policy of RBI on Economy Economy An economy consists of the economic systems of a country or other area; the labour‚ capital‚ and land resources; and the manufacturing‚ production‚ trade‚ distribution‚ and consumption of goods and services of that area. A given economy is the result of a process that involves its technological
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