Official Cash Rate The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank of Australia to meet the inflation target specified in the Policy Targets Agreement. The current agreement defines price stability as annual increases in the Consumers Price Index (CPI) of between 2 and 3 per cent on average over the medium term. A media release is issued at 2.30 pm after each Reserve Bank Board meeting‚ with the Board’s decision taking effect the following day. Changes to the official
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considering adding one additional stock to a 3-stock portfolio‚ to form a 4-stock portfolio. She is highly risk averse and has asked for your advice. The three stocks currently held all have b = 1.0‚ and they are perfectly positively correlated with the market. Potential new Stocks A and B both have expected returns of 15%‚ are in equilibrium‚ and are equally correlated with the market‚ with r = 0.75. However‚ Stock A’s standard deviation of returns is 12% versus 8% for Stock B. Which stock should this
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Some Causes of Fertility Rates Movements Claire Norville Rocio Gomez Robert L. Brown ABSTRACT Fertility patterns are different between countries and over time. Many different factors can affect the fertility rate. This paper will discuss the different factors that have an effect on the fertility rate. Some are economic while some are social. The economic factors will be based in the theories of Richard Easterlin‚ Diane Macunovich‚ Butz & Ward‚ and John Ermisch. The social factors that
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In this report we will explain and discuss the inflation rate that happened in Australia for the last three years. The issues uncovered will allow us to see the reasons behind the decreasing in inflation rate in Australia. Lastly we will discuss the type of inflation that will happen after the collection of carbon tax that started in the beginning of July 2012. In the table and chart below are some of statistics that we obtained from several sources to aid our explanation: 1. Euromonitor International
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control 2.2 . Advantages of flexible exchange controls 2.3 . Disadvantages of flexible exchange controls 3. Emerging markets and exchange control 3 4. South Africa and exchange controls 3 5. Conclusion 5 6. References 6 List of figure: Figure 1: Exchange rate forecast 4 Figure 2: Price of Brent crude oil 4 Figure 3: SA inflation: history and forecasts 5 Introduction South Africa and the countries of the world have seen
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The Rate of a Reaction The area of chemistry that deals with the rate or speed of chemical reactions is known a chemical kinetics. The word “kinetic” is derived from the Greek name kinitikos that means movement or motion. In the present context‚ the kinetic means the reaction rate or rate of a reaction that is defined as the change in concentration of a reactant or a product with time (M/s). Chemical reaction can be represented by the following general equation. Reactants Products It is very important
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equity is $500. The tax rate is 35 percent. Sales are $15‚900 and depreciation is $680. What are the earnings before interest and taxes? Net Income: 75+418=493 75+418493/ (1-0.35) =758 Earnings before interest and taxes= 758.46+511= 1269 3. Winston Industries had sales of $843‚800 and costs of $609‚900. The firm paid $38‚200 in interest and $18‚000 in dividends. It also increased retained earnings by $62‚138 for the year. The depreciation was $76‚400. What is the average tax rate? Net Income: 18000+62138=
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Diffusion is a way nonvascular plants can get water. It is the movement of molecules from an area of higher concentration to an area of lower concentration until they are equal. An example of diffusion is red food coloring. When you put food coloring in a glass of water the color will spread through the water until all of it is a red tint. This shows the molecules of the food coloring equally distributed in the area of the water. Osmosis is a special type of diffusion where only the water molecules
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9.5 Tests for halogens and halide Ions Test for halogen Test method Test observations Test chemistry and comments Chlorine gas Cl2 A pungent green gas. (i) Apply damp blue litmus. (Can use red litmus and just see bleaching effect.) (ii) A drop silver nitrate on the end of a glass rod into the gas. (i) litmus turns red and then is bleached white. (ii) White precipitate. (i) Non-metal‚ is acid in aqueous solution and a powerful oxidising agent (ii) It forms a small amount of chloride ion in water
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Running Head: Brazil Unemployment Rate 1 Brazil Unemployment Rate Students name: AIU Brazil Unemployment Rate 2 Abstract Discussion of macroeconomics and Brazil’s unemployment rate and how it concerns its economy. Brazil Unemployment Rate 3 Brazil Unemployment Rate Macroeconomics is the study of the movement‚ trends‚ and changes in the economy over time as a whole (http://moya.bus.miami.edu/). Over the years South America has built their economy from poverty to
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