most important contributor to a nation economic growth. (Karlgraard‚2010) Economic growth is an increase in of the Real Gross Domestic Product (Real GDP). And it is mainly cause by two factors‚ an increase in aggregate demand(AD) and aggregate supply(AS). According the the formula AD = C + I + G + X – M. C = Consumer Spending‚ I =Investment‚ G = Government spending‚ X= Export‚ M= Import. If there is a increment in investment‚ Government spending ‚ consumer spending or export‚ there will be economic
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Reserve Bank of India Main Functions Reserve Bank of India regional office‚ Delhi entrance with the Yakshini sculpture depicting "Prosperity through agriculture"[25]. The RBI Regional Office in Delhi. The RBI Regional Office in Kolkata. Monetary Authority The Reserve Bank of India is the main monetary authority of the country and beside that the central bank acts as the bank of the national and state governments. It formulates‚ implements and monitors the monetary policy
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Introduction Since the founding of The United States‚ the question of how much power the federal government should have over its citizens has remained a central and enduring concern. During the creation of the Constitution of the United States‚ Founding Father Alexander Hamilton‚ who played a major role in the formation of the Federalist party (people who called for a strong national government)‚ argued for a strengthened federal authority within the United States legal system. As stated by Robert L. Pratt
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Background……………………………………………………………………2 1.2 Definition of interest rates……………………………………………………..2 2.0 How does an increase interest rate affect the economy in the UK? 3.1 Encourage people saving money and reduce borrowing……………2-3 3.2 Decrease firms to investment……………………………………………..3 3.3 Promoting the exchange rate‚ and makes exports less………………...3 3.4 Reduce the aggregate demand and inflation rate………………………4 3.5 The price and cost will fall………………………………………………
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Fixing of minimum rates of wages: [S.3] Section 5(1): Appropriate Government can set up any number of committees or sub-committees as it considers necessary to hold inquiries and advice it in respect of fixing rate of minimum. Government is empowered to fix the minimum rates of wages for different classes of employees such as skilled‚ unskilled .clerical‚ supervisory etc. (1) Any minimum rate of wages fixed or revised by the appropriate Government in respect of scheduled employments under
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planning on using Reserve Requirements. Be sure to address the following: 1. How Reserve Requirements affect the economy 2. How your action will affect economic growth 3. Why it is important to increase economic growth 4. Your rationale for the use of Reserve Requirements At the end of the game‚ you will be provided with this information to give to your instructor. Answer: If the economy is down because a NAFTA disputes has curtailed exports from economy‚ the Federal Reserve should lower
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pictures Examples Wealth Assets Liabilities Capital Population Balance in savings account Unemployment Gold reserves held by SA Res bank Examples Income Profit Loss Investment Number of births and deaths Saving Demand for labour Gold sales‚ gold production Stocks and flows are related Stocks can only change as a result of flows Prices are ratios between different flows Ratios between a stock and flow and visa versa have a time dimension Ratios between two stocks and two flows
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C) the Federal Reserve System. D) foreign nonfinancial sectors. 3. The largest deficit unit is (are) A) households and businesses. B) foreign financial institutions. C) the U.S. Treasury. D) foreign nonfinancial sectors. 4. Those financial markets that facilitate the flow of short-term funds are known as A) money markets.
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The use of different means of communication to meet different needs. In my role will use verbal and non-verbal communication. Non-verbal means including the use of sign and pictorial methods as well as written forms of communication. Some do’s and don’ts when communicating verbally:- DON’T Cover your mouth when speaking as some people may be lip reading to support their understanding. Use inappropriate language. Use offensive language Use overly complex language Use jargon and slang DO Speak
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CS 1 Functions of Reserve Bank of India 1. Information. Fights against economic crisis and ensures economic and price stability in the country 2. Promotional Functions 3. Promotional of banking habit and expansion of banking systems. Provides refinance for export promotion. Expansion of facilities for the provision of agricultural credit through NABARD 4. Extension of facilities for the Small Scale Industries. 5. Helping the co-operative sector. 6. Prescription of minimum statutory requirements
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