number of developing countries have witnessed chronic inflation‚ a period of persistent hyperinflation that could last for years. Several attempts to reduce inflation were sought and a nominal anchor was used namely‚ the exchange rate. Such stabilization programs were known as Exchange-Rate Based Stabilizations (ERBS). “A nominal anchor is a constraint on the value of domestic money‚ and in some form it is a necessary element in successful policy regimes” (Mishkin 1999). So a nominal anchor is needed to
Premium Inflation Economics Monetary policy
Introduction to business_MGT21_MCQs 1) Which of the following business type has longest life time? 1. Sole proprietorship 2. Partnership 3. Joint stock company 4. All of the given options 2) Election of the Board of Directors is done by Shareholders. 1. Through special resolution 2. In annual general meeting 3. In Special meeting 4. In statuary meeting 3) Which of the following business type‚ has to pay double taxes to the government? 1. Sole proprietorship
Premium Marketing
Global Financing and Exchange Rate Mechanisms Paper Global finance operations include financial procedures‚ such as accounting‚ financial planning and analysis‚ strategic planning‚ treasury‚ investor relations‚ and financial compliance. Exchange rate is the existing market cost for which one currency can be exchanged for another (Moffatt‚ n.d.). For instance‚ when the U.S. exchange rate for the Japanese Yen is ¥1.10‚ this means that 1 American Dollar can be exchanged for 1.1 Japanese Yen. The
Premium Euro European Union United States dollar
BAO3402 INTERNATIONAL BAKING AND FINANCE GROUP ASSIGNMENT SEMSTER ONE 2013 GROUP MEMBER: SHANSHAN XU 3899722 KUN ZHANG 3812402 LIQIAO LV 3899729 DATE: 03/05/2013 Table of content The General Business Environment For General Motors Company (GM) General Motors (GM) was founded in 1908 ‚ headquartered in City of Detroit‚ since William Durant created General Motors‚ it has combined or merged with
Premium Royal Dutch Shell International economics Inflation
effect‚ he distinguished between the actual money rate of interest and the real rate of return on new capital (the “natural rate of interest”). He argued that if the banks reduced the rate of interest below the real rate of return on capital‚ the amount of loan capital demanded would increase and the amount of saving supplied would fall (ibid). Investment‚ which equalled saving before the interest rate fell‚ would exceed saving at the lower rate. The increase in investment would increase overall
Premium Inflation
White blood cell that does not stain intensely with either alkaline or acidic dye. a. lymphocyte b. basophil c. neutrophil d. eosinophil Blood has all of the following functions except to: a. Transport carbon dioxide and waste from the cells for elimination from the body b. Maintain a constant environment for other living tissue c. Transport hormones d. Regulate respiration Hemochromatosis is characterized by: a. A general increase in red blood cells b. Multiple pinpoint hemorrhages
Premium Red blood cell Bone marrow Blood
gills only allow them to take in oxygen from the water. The percentage of oxygen is the water is significantly lower than the amount of oxygen in the air. Fish have adapted to be able to filter oxygen from the water despite its low percentage. Gas exchange in fish occurs in their gills which is supported by a bony arch. Fish take water in through their mouths. Water enters via a fish’s open mouth‚ its opercula close and stop water from leaving before being forced through the gill filaments. Once the
Premium Oxygen Water Carbon dioxide
Computer Science Quiz Questions With Answers - Multiple Choice 1- IC chips used in computers are usually made of 1. Lead 2. Silicon 3. Chromium 4. Gold Answer: Silicon 2- One kilobyte is equal to 1. 1000 bytes 2. 1024 bytes 3. 100 bytes 4. 1023 bytes Answer: 1024 3- Which of the following is not an example of Operating System? 1. Windows 98 2. BSD Unix 3. Microsoft Office XP 4. Red Hat Linux Answer: Microsoft Office XP 4- Which supercomputer is developed by
Premium Binary numeral system Computer
Determination In “The Glass Castle” we see many different possibilities pertaining to Maslow’s Hierarchy of Needs. We see the father‚ Rex and one of the daughters‚ Maureen‚ who fall victim to Maslow. Then there’s Jeanette and the mother‚ Rose Mary who have both seemed to achieve self-actualization regardless of their hardships. Traditionally‚ Maslow’s Hierarchy is thought to be achieved by working up from the bottom of the pyramid to get to the top. However‚ in “The Glass Castle” this is not particularly
Premium Maslow's hierarchy of needs
5e (Moffett et al.) Chapter 2 The International Monetary System Multiple Choice and True/False Questions 2.1 History of the International Monetary System 2) World War I caused the suspension of the gold standard for fixed international exchange rates because the war A) cost too much money. B) interrupted the free movement of gold. C) lasted too long. D) used gold as the main ingredient in armament plating. Answer: B Diff: 1 Topic: 2.1 History of the International Monetary System Skill:
Premium Foreign exchange market Bretton Woods system Monetary policy